AD #3962 - Tesla Global Sales Down, But Up Strong in China; U.S. Car Sales Highest Since 2019; Carvana Accused Of Shady Accounting
About this episode
Tesla's global sales dipped slightly in 2024 despite adding the Cybertruck, but it set a new sales record in China amid tough competition. U.S. car sales hit their highest level since 2019, with EV sales growing to about 8% of the market. GM's mixed results in China show a drop in overall sales but a surge in EVs. The federal EV tax credit rules shifted again, affecting eligibility for several models. Carvana faces accusations of shady accounting from Hindenburg Research. Autonomous vehicle pilots are expanding at major airports, and IndyCar may switch from magnesium to aluminum wheels due to supply concerns linked to China.
Nissan Leaf
"...T and R one S, the Volkswagen ID four, the Nissan Leaf, and the Chevrolet Bolt. Also, six out of the sev..."
Volkswagen Id
"...redit include the Rivian R one T and R one S, the Volkswagen ID four, the Nissan Leaf, and the Chevrolet Bolt. Al..."
Chrysler Pacifica
"...igible. The only one that remains is the Chrysler PACIFICA PHEV, and this could be a big blow to Stalantis. ..."
Hyundai Genesis
"...K five and nine, the Key EV six and nine, and the Genesis Electrified GV seventy. The Cadillac Optic and th..."
Tesla Cyber Truck
"...lectrified GV seventy. The Cadillac Optic and the Tesla cyber Truck are eligible to get the credit now too, But incom..."
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