{"id":14245,"date":"2024-04-26T12:37:14","date_gmt":"2024-04-26T10:37:14","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/04\/26\/why-elon-musk-is-right-once-booming-electric-car-sales-are-starting-to-stall\/"},"modified":"2024-04-26T12:37:14","modified_gmt":"2024-04-26T10:37:14","slug":"why-elon-musk-is-right-once-booming-electric-car-sales-are-starting-to-stall","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/04\/26\/why-elon-musk-is-right-once-booming-electric-car-sales-are-starting-to-stall\/","title":{"rendered":"Why Elon Musk is right \u2013 once-booming electric car sales are starting to stall"},"content":{"rendered":"<p>EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary<\/p>\n<p>Elon Musk became the world\u2019s richest man by evangelising about electric cars \u2013 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.<\/p>\n<p>Those struggles have become emblematic of a broader reckoning facing the electric vehicle (EV) industry. After the <a href=\"https:\/\/www.theguardian.com\/technology\/2021\/oct\/25\/tesla-model-3-is-first-battery-electric-car-to-top-europe-monthly-sales-chart\">soaring demand and valuations<\/a> 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.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2024\/apr\/26\/why-elon-musk-is-right-once-booming-electric-car-sales-are-starting-to-stall\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/89534cd92afa27094165f58d1b4d8db88aec35ae\/0_184_5540_3326\/master\/5540.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=df8e8bac2992512508cb73eccf12eafb\" title=\"Why Elon Musk is right \u2013 once-booming electric car sales are starting to stall\" \/>EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary<br \/>\nElon Musk became the world\u2019s richest man by evangelising about electric cars \u2013 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.<br \/>\nThose struggles have become emblematic of a broader reckoning facing the electric vehicle (EV) industry. After the soaring demand and valuations 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. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary Elon Musk became the world\u2019s richest man by evangelising about electric cars \u2013 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 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/04\/26\/why-elon-musk-is-right-once-booming-electric-car-sales-are-starting-to-stall\/\"> <span class=\"screen-reader-text\">Why Elon Musk is right \u2013 once-booming electric car sales are starting to stall<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":14246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14245"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=14245"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/14246"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=14245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=14245"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=14245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}