Saturday, December 14, 2024

Australia's EV sales plateau

The chart below shows EV sales in Australia, cobbled together from various sources, with my seasonal adjustment and trend calculations.  Seasonally-adjusted sales peaked in May/June.  Since June, total Tesla Model Y and Model 3 sales have fallen nearly 50%.  The decline is entirely due to the decline in Tesla sales.

It used to be cool to own a Tesla.  Now, it's seen as daggy.   As Elon Musk has hurtled ever farther to the loony Right, his cars have lost cachet.  It doesn't help that they're very dated, and that competitors have fresher, more compelling, and much cheaper models





 

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