Cox Automotive Forecasts 9% Sales Decline for Tesla in USA in 2025 - CleanTechnica

Cox Automotive has forecasted a significant decline in Tesla’s U.S. vehicle sales for 2025, projecting an 8.9% drop from 633,762 units in 2024 to 577,097 units. This decline contrasts with an expected overall growth of 1.8% in U.S. auto sales and notable gains for competitors like Toyota (8.4% growth) and GM (5.1% growth). Tesla’s market share is also predicted to decrease from 4.0% to 3.5%. This forecast follows a 3% sales decline from 2023 to 2024, indicating a continuing downward trend. The article highlights that Tesla’s strong third-quarter sales in 2024 were largely driven by the impending expiration of the U.S. EV tax credit in the fourth quarter, which temporarily boosted demand. However, the company’s performance before and after this period has been weak. Comparing the 2025 forecast to 2023 sales