Tesla(US:TSLA) Feng Huang Wang·2025-12-11 23:01Group 1 - The core point of the article highlights that despite Tesla launching new, cheaper models, its U.S. sales in November fell to the lowest level in nearly four years, indicating a significant challenge for the company [1] - Tesla's total sales in November decreased by nearly 23% year-over-year, dropping from 51,513 units last year to 39,800 units, marking the lowest level since January 2022 [1] - The decline in sales suggests that the demand for the new "standard version" models is insufficient to boost overall sales after the expiration of tax credit policies, and these standard models are negatively impacting the sales of higher-end versions, particularly the Model 3 [1] Group 2 - The end of tax credit policies has had a more severe impact on many of Tesla's electric vehicle competitors, with total electric vehicle sales in the U.S. declining by over 41% in November [1] - Despite the overall decline in electric vehicle sales, Tesla's market share increased from 43.1% to 56.7% during the same period [1]