Tesla sales in Australia are sliding for the first time. Is it stiff competition or the Musk factor?

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12/06/2024 06:00 PM

Sales of Elon Musk-owned carmaker have chalked up an annual drop of nearly 21%, as the overall EV sector growth weakens

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Elon Musk may be riding high in the US with Donald Trump just weeks away from taking office, but fortunes of his electric carmaker, Tesla, are fading in Australia.

Australian sales dropped again in November, contributing to the brand's first annual decline.

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Tesla sales in Australia are sliding for the first time. Is it stiff competition or the Musk factor?

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