Business

Tesla sales plunge far more than expected

New York (CNN) — Tesla posted its first year-over-year drop in sales since the first year of the pandemic, as increased electric vehicles competition from Chinese and Western automakers ate into demand.

Posted Updated

By
Chris Isidore
, CNN
CNN — New York (CNN) — Tesla posted its first year-over-year drop in sales since the first year of the pandemic, as increased electric vehicles competition from Chinese and Western automakers ate into demand.

This is a developing story. It will be updated.

The-CNN-Wire™ & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

Copyright 2024 by Cable News Network, Inc., a Time Warner Company. All rights reserved.