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Electric vehicle manufacturer Tesla saw its sales in Australia drop by over 70% in February 2025 compared to the same month last year, according to automotive industry data.
Electric vehicle manufacturer Tesla saw its sales in Australia drop by over 70% in February 2025 compared to the same month last year, according to automotive industry data.
This follows a reported 33% decrease from January 2024 to January 2025, bringing the company to its lowest monthly sales figures in Australia in two years.
Market analysts suggest several factors may be contributing to this trend, including increased competition from other EV manufacturers like BYD and MG, as well as normalization of electric vehicle demand following initial adoption surges.
Similar sales patterns have reportedly been observed in other markets, with Tesla’s German sales also experiencing a substantial 75% decline in recent months. #ElectricVehicles #AutomotiveIndustry #TeslaNews #EVMarket #AustralianMarket
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