Tesla's EV sales and prices are sharply declining

Tesla's new car sales have significantly declined, with drops of up to 76.6% in markets like Germany and Norway. This contrasts with overall electric vehicle sales, which are increasing in these regions. Used Tesla Model Y and Model 3 prices have also fallen sharply in the U.S., with the average price for a used Model Y dropping over $6,000 to around $30,000. Model 3s are now available for under $15,000. Consumer interest in Tesla appears to be waning, as web searches for Tesla vehicles decreased by 7% in February, while searches for other used EVs rose by 28%. Some former Tesla supporters have publicly criticized the brand, further impacting its reputation.