lon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, Tesla, has struggled to maintain its momentum: sales have dropped this year, and so has its share price.of the coronavirus pandemic years, the pace of sales growth has slowed. The industry has entered a new phase, with questions over whether the switch from petrol and diesel to cleaner electric is facing a troublesome stall or a temporary speed bump.
“The economic headwinds are quite ugly in general, so it doesn’t surprise me that we’re having a slowdown,” said Ian Henry, whose AutoAnalysis consultancy works with several carmakers.can be higher in some places because of a shortage of mechanics. Another important factor is the very patchy rollout of public electric chargers, which is giving some potential buyers cause to pause.
This week he harangued the UK’s transport minister, Mark Harper, over the government’s zero emission vehicle mandate, which will force carmakers to sell an increasing proportion of electric cars. He then claimed to journalists that the mandate was a “terrible” policy because it was forcing carmakers to introduce electric models too quickly.
“Lots of manufacturers complaining now that it’s unrealistic to meet those targets is a lobbying message by stealth,” Schmidt said. “They’ve done it so often it’s almost a case of the boy that cried wolf. There’s definitely a hidden agenda in their moaning.”
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