Despite Elon Musk stepping away from his DOGE activities, Tesla’s sales have continued to slide. No doubt Musk hoped that the release earlier this year of the refreshed Model Y would help reverse these fortunes; however, describing the six-year-old midsize crossover EV as “new” appears not to have attracted as many buyers as Tesla anticipated.
Model Y is crucial for Musk; it accounts for roughly two-thirds of Tesla’s global sales (though this fluctuates). Last year, however, according to JATO Dynamics, the Y lost its top slot in the rankings for world’s top-selling car in 2024 to Toyota. The
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