EV Sales Increased by More Than 10% in the US Despite Tesla Sales Dropping [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
More than 300,000 electric vehicles were sold in the US during the first quarter of 2025, according to the latest report from Kelley Blue Book. That number makes up 7.5% of all new vehicle sales, which marks year-over-year growth compared to the 7% of EVs sold by this point in 2024. Despite the market growing, not all automakers were represented equally in new EV sales. New electric models from Acura, Audi, Chevrolet , Honda and Porsche are driving higher sales figures for those automakers. General Motors experienced some of the most extreme EV sales growth, with over 30,000 electric vehicles across GM brands being shipped during the first quarter. Tesla sales took the biggest hit, falling 9% from where they were last year. Tesla's struggles are well-publicized. The launch of the Cybertruck has been plagued with recall after recall . The company has also faced intense public backlash as a response to Elon Musk's involvement with the Trump administration as the head of DOGE . And
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News
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TSLA
Earnings
- 10/22/25 - Beat
TSLA
Sec Filings
- 12/11/25 - Form 4
- 12/9/25 - Form 4
- 12/9/25 - Form 144
- TSLA's page on the SEC website