Electric Car Sales Decline Raises Concerns About Climate Targets and Government Incentives =============== #15298797 ver:0.25 Concerns rise as electric car sales decline, impacting climate targets and government incentives. Tesla implements significant price cuts to stimulate demand amid competition and decreased subsidies in China. Tesla's stock drops 40% this year, with sales slumping. Price cuts and recalls further indicate EV demand problem. Tesla and Li Auto slash prices amid intense competition, raising concerns about profit margins and industry consolidation. Buoyant EV sales crucial for climate targets, but sales need to stay remarkable. Governments face dilemma of cheaper EVs vs. protecting local jobs. Tesla increases price of Model 3 Performance variant in the US, sparking debate among potential buyers. #ElectricCars #ClimateTargets #GovernmentIncentives #Tesla #EVs #Competition #China #PriceCuts #SalesDecline #ClimateTransition... #newstr #Tesla #ElectricVehicles #EvMarket #PriceCuts #SalesDecline #GovernmentIncentives #ClimateTargets https://here.news/story/15298797?ver=0.25