Rough November for Elon Musk's Tesla as US sales sink to nearly 4-year low

Tesla's November US sales hit a nearly four-year low, with cheaper "Standard" models failing to boost demand despite the end of EV tax credits. Analysts suggest these new variants are cannibalizing premium sales and that Tesla urgently needs new vehicle models to compete with upcoming cheaper options from rivals.

Rough November for Elon Musk's Tesla as US sales sink to nearly 4-year low
Tesla's November US sales hit a nearly four-year low, with cheaper "Standard" models failing to boost demand despite the end of EV tax credits. Analysts suggest these new variants are cannibalizing premium sales and that Tesla urgently needs new vehicle models to compete with upcoming cheaper options from rivals.