AD #4087 - Musk’s Politics Are Hurting Tesla; U.S. Car Sales Dropping Due to Trump Tariffs; ZF Develops EV Transmission
About this episode
U.S. car sales are declining due to Trump-era tariffs, with June sales dropping 2.8% year-over-year and forecasts worsening for the second half of 2024. Elon Musk's announcement of a new political party has unsettled Tesla investors, contributing to a market cap dip despite ongoing challenges in Tesla's sales and deliveries. Meanwhile, Honda delays its fuel cell production plans, Nissan explores EV manufacturing partnerships with Foxconn, and ZF introduces a new transmission for plug-in hybrids and EVs. The episode also highlights current EV incentives and a listener poll showing strong support for maintaining federal EV subsidies.
Tesla Model Y
"...me devoted into turning Tesla around. The refresh model Y is helping Tesla clawbacks some sales, but they w..."
Tesla Semi
"...s, which includes the Model Sax, cyber truck, and Semi are doing worse. Altogether. They only had about ..."
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