"Tesla's market share in the United States as a percentage of EVs sold has fallen from 75% in the first quarter of 2022 to 43.5% in the first quarter of 2025.
While still the leader in the space, this market share slowdown has greatly affected revenue, which declined 20% year over year last quarter."
20% fall in revenue in their largest market is worrying in itself. It is a worst fall the rest of the world.
But the Tesla/Musk fanboys are ignoring fundamentals and hatching on the the robotaxi promise. But do remember before the robotaxi promise, there was the cybertruck promise, and before that there was the cheaper Tesla model promise.
Cybertruck sales is tanking and there are reports of overstock and manufacturing ceasing, barely two years TD after the launch.
The cheaper Tesla model is worst. It is not happening as in Elon Musk own words, it does not make financial sense to do this now. Cost of production is super high, plus the Chinese are galaxies ahead in this already.
So now everyone is waiting to see what happens with Robotaxi. What do you guys think?
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