A person shops for a Tesla in Yichang, Hubei province, China (CFOTO/Getty Images)

electric shock

Tesla sales are dropping around the world

China is bad and the US is worse so far this year. Don’t even talk about Europe.

2/11/25 10:05AM

When Tesla reported its disappointing 2024 deliveries and earnings last month, CEO Elon Musk was able to deflect a price drop with a hearty dose of forward-looking optimism.

That may be short-lived.

Tesla doesn’t break out regional sales, but a number of analysts and research firms do. Despite promising a “return to growth” in 2025 — revised from the 20% to 30% growth it had expected a quarter earlier — January’s numbers across the company’s three biggest markets look terrible.

In the US, where sales declined 5% last year, new data from Wards Intelligence shows that Tesla sales declined more than 13% in January 2025 compared with the same month a year earlier. Wards did not reply to a request for comment.

That follows news that Tesla sales plummeted across Europe in January, according to reporting by the Financial Times, after declining 10.5% in 2024. In the first month of this year, sales were down 63% in France, 59.5% in Germany, 38% in Norway, and 8% in the UK.

Even in China, which offset EU and US declines last year, the news is bad for Tesla.

In January of this year, Tesla sales dropped 11.5% in China, according to data reported by Reuters from the China Passenger Car Association released late last week. Tesla, which recently released a more expensive version of its Model Y in the country, is running up against low-cost options from competitors like BYD.

Of course, some of the declines might have to do with customers waiting for Tesla’s long-awaited lineup of lower-priced models — something that steel and aluminum tariffs could jeopardize.

For now, sales are down this year in Tesla’s three major car markets, so 2025 isn’t looking so hot for the EV maker.

Rani Molla14h

“Tesla killer” Slate Auto switches CEOs ahead of launch later this year

Just months before the expected launch of its $25,000 truck, so-called “Tesla killer” Slate Auto has swapped out its CEO. Former Amazon Marketplace Vice President Peter Faricy is the new leader of the Jeff Bezos-backed company, while the previous CEO, Chris Barman, one of the electric truck maker’s first employees, is now president of vehicles.

“ The marketplace component is really important to us. Being able to understand how to sell things in the 21st century is really important because we're gonna be direct to consumer, without dealerships,” Jeff Jablansky, head of communications at Slate, said of the change. “The way Chris put it is, we are adding horsepower at a critical moment when people are going to be able to actually order their trucks.”

In a social media post just last month, then CEO Barman said the company would unveil the exact price tag for its Blank Slate, which goes on sale late in 2026, in June, but reaffirmed it will be in the mid-$20,000s.

Bezos-backed Slate Auto hires new, ex-Amazon CEO

Rani Molla16h

Amazon’s autonomous ride-hailing service now testing in 10 markets

Amazon self-driving subsidiary Zoox announced Monday that it’s testing in two additional markets, Phoenix and Dallas, bringing its total to 10 US markets. The company will begin by mapping select neighborhoods using retrofitted Toyota Highlander SUVs with safety drivers behind the wheel, before progressing to autonomous testing and eventually rolling out its steering-wheel-less, purpose-built vehicles for public users.

The service is currently available to the public in Las Vegas and to select users in the Bay Area, where it’s served 300,000 riders.

Zoox is also opening a third “Fusion Center” facility, in Arizona after Las Vegas and the Bay Area, from which it will provide assistance and coordinate operations for its fleet.

Zoox’s expansion comes as Alphabet’s Waymo recently reached its 10th public market and as Tesla’s Robotaxi says it plans to open in six new markets in the first half of the year.

Zoox is expanding and preparing to bring service to Dallas and Phoenix | Zoox

The service is currently available to the public in Las Vegas and to select users in the Bay Area, where it’s served 300,000 riders.

Zoox is also opening a third “Fusion Center” facility, in Arizona after Las Vegas and the Bay Area, from which it will provide assistance and coordinate operations for its fleet.

Zoox’s expansion comes as Alphabet’s Waymo recently reached its 10th public market and as Tesla’s Robotaxi says it plans to open in six new markets in the first half of the year.

Jon Keegan17h

Microsoft will use Anthropic’s Claude to power “Copilot Cowork”

Microsoft is partnering with Anthropic to power its new agentic offering, Copilot Cowork. The AI world is abuzz with agents that can do your busywork for you, and Anthropic’s Claude Cowork is one of the most prominent and capable offerings in the field.

The tech giant wrote:

“Working closely with Anthropic, we have integrated the technology behind Claude Cowork into Microsoft 365 Copilot. It is this multi-model advantage that makes Copilot different. Your work is not limited by one brand of models.”

Microsoft listed some examples of how Copilot Cowork could help with common tasks such as rescheduling meetings, sending emails, researching companies, working with spreadsheets, and making presentations.

It’s worth stepping back to note how wild it is that Microsoft, the productivity software behemoth that has absolutely dominated the business world for decades, has had to turn to an AI startup to control those apps.

Copilot Cowork: A new way of getting work done | Microsoft 365 Blog

“Working closely with Anthropic, we have integrated the technology behind Claude Cowork into Microsoft 365 Copilot. It is this multi-model advantage that makes Copilot different. Your work is not limited by one brand of models.”

Rani Molla17h

China’s smartphone slump could strengthen Apple

China smartphone shipments fell 22% year over year in January, according to a new Bernstein research note. The drop was partly due to the timing of Lunar New Year and tough comparisons with last year, when government subsidies boosted sales, but rising memory costs are also weighing on demand — especially in the lower-end segment dominated by Chinese brands.

Low-tier shipments fell 37%, hitting brands like Honor and Vivo particularly hard, while high-end sales from Apple and Huawei held up better. Overall average selling prices rose 13%.

That could be good news for Apple, which sits at the more price-insulated upper end of the Chinese market and has been making a comeback in the country. Apple’s market share grew to 18% in January — in line with Huawei — from 14% a year earlier, while the rest of the market fell 2 percentage points to 65%.

With its scale and industry-leading margins, the iPhone maker is better positioned to absorb higher memory costs. To wit: it recently unveiled the $599 iPhone 17e, which keeps its entry price steady with its predecessor while doubling storage.

Rani Molla

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Alphabet ties a portion of Sundar Pichai’s pay to Waymo for the first time

By tying up to $260 million of its CEO’s pay to Waymo, Alphabet is making clear the autonomous vehicle unit is no longer just an “Other Bet.”