13 Potential Tesla Demand Factors (Good & Bad) In Coming Years

With Tesla sales dropping in the 1st quarter, one of the hottest topics of discussion lately has been Tesla consumer demand going forward. How high is it going to be in 2024, 2025, 2030? No one really has a clue. Those who would like it to be really high expect it to be really high. Those who would like it to be low expect it to be low. I feel quite neutral and objective on the matter.

EV battery costs, supply chain costs, and manufacturing costs are expected to continue dropping. The more they drop, the more Tesla can drop prices, and the more people can then spring for a Tesla.The Tesla Cybertruck is a special, unique vehicle. Whether it becomes a big hit with the masses or ends up being a cult vehicle, we really don’t know yet. But keep an eye on the Cybertruck, as it is a key factor for stronger growth in the coming years.

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Tesla 1Q sales fall nearly 9% as competition heats up and demand for electric vehicles slowsTesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers. The Austin, Texas, company said it delivered 386,810 vehicles from January through March, almost 9% below the 423,000 it sold in the same quarter of last year.
Source: AP - 🏆 728. / 51 Read more »