The EV company blamed the decline on the early phases of a production ramp up for the updated Model 3, as well as factory shutdowns caused by the Red Sea conflict and an arson attack at a Berlin factory.
Consumer sentiment may also play a role. Reuters on Monday reported that a recent survey by market intelligence firm Caliber found the number of would-be Tesla buyers in the U.S. is shrinking in part because of CEO Elon Musk’s polarizing persona.
2·8 months ago