[SMM Tin Express] Tesla's November US sales dropped to a nearly four-year low, as the affordable car model failed to reverse the decline.

Published: Dec 12, 2025 09:03

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According to data provided by Cox Automotive, Tesla's (TSLA.O) sales in the US fell to their lowest level in nearly four years in November, despite the company launching cheaper versions of its most popular electric vehicles. Since the Trump administration eliminated the $7,500 federal tax credit at the end of September, overall US EV sales have been under pressure. In response to declining demand, Tesla introduced simplified versions of the Model Y and Model 3 in October, priced about $5,000 lower than the previous base models. It was originally expected that demand for the standard versions would support November sales, but Cox's data showed that Tesla's total sales for the month still fell by nearly 23% YoY, dropping from 51,513 units in the same period last year to 39,800 units, the lowest level since January 2022.

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