Tesla (NASDAQ: TSLA) has faced challenges in 2025, reflecting broader trends in the U.S. electric vehicle (EV) market, which saw a 1% decline despite a 21% global sales increase. The removal of incentives like the $7,500 EV tax credit and tariffs has negatively impacted American consumer interest in EVs. Competing companies are also struggling, with Lucid Group (NASDAQ: LCID) experiencing a 61% drop in share price, while Rivian Automotive (NASDAQ: RIVN) has risen by 35% but may not sustain this growth.
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