Tesla, Australia and Sales
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MotorBiscuit on MSNTesla struggles to convince Australia that a factory in the country makes senseTesla has had a tense year so far. Falling sales, turbulent stocks, and the tarnished image of Elon Musk have kept the brand in the headlines. However, bad press hasn’t been enough to stop Tesla from making moves in Australia,
Tesla's investment case now hinges more on the upcoming robotaxi launch and FSD progress than on immediate vehicle sales numbers. Learn more on TSLA stock prospects.
Investors fear that the dispute between Elon Musk and President Donald Trump "will stop their friendship and change the regulatory environment for Tesla on the autonomous front over the coming years under the Trump administration,
Tesla’s Australia EV sales jumped 675% in May on Model Y demand, but global sales stay weak amid political and hybrid market pressure.