Clean Tech News & Views: EVs, Solar Energy, Batteries
For years, Tesla sales grew at a clip of about 50% per year, on average. That was supposed to continue through the 2020s. However, we started noticing signs of Tesla consumer demand challenges about a year ago. Tesla started offering more and more incentives and price cuts in order to move the desired volumes. It’s even been said that Tesla paused production growth plans due to demand not rising as expected.
Before I go further, let me note again that we’ve been covering the Tesla story very closely since 2012. We debunked countless myths about the cars, Tesla Supercharging, and the company as a whole. I personally dispelled enough misinformation to fill a college textbook. For years, I and others here predicted strong Tesla growth, Tesla profitability, and disruption of the auto market from Tesla. And we nailed it. However, past success doesn’t guarantee future growth.
Elon Musk himself actually said once about a year ago when asked about mid-term or long-term demand that they don’t have actual specific numbers, because no one really knows. However, earlier this year, whenin 2024 as a whole. He didn’t provide any specific forecast, though.
as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao.
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