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Updated · Automotive News · Jun 15U.S. EV Registrations Fall 9.8% in April as Tesla Model Y Jumps 61%
1 articles · Updated · Automotive News · Jun 15Summary
- April U.S. electric-vehicle registrations fell 9.8%, marking the smallest year-to-date decline and signaling some stabilization in demand.
- A post-tax-credit rebound helped cushion the drop, with the market continuing to recover from earlier weakness.
- Tesla's Model Y led that recovery, posting 61% growth even as overall EV registrations remained below year-earlier levels.
Insights
Can the Model Y's success alone save Tesla from a third consecutive year of declining overall sales? As new EV sales falter, is the booming used market the real key to America's electric future? With federal EV credits gone, can the U.S. build its charging network fast enough to revive consumer demand?