Workflow
Corporate Average Fuel Economy (CAFE) standards
icon
Search documents
Elon Musk-Led Tesla's US Sales Fall 23% To Near 4-Year Low In November As Domestic Demand Shrinks Amid Trump's Anti-EV Stance - Tesla (NASDAQ:TSLA)
Benzinga· 2025-12-12 04:16
Tesla Inc. (NASDAQ:TSLA) recorded a marked decline in U.S. sales during November to a near four-year low.Tesla Sales Fell 23%The company sold 39,800 units in the U.S. during November, a 23% year-on-year decline from the 51,513 units it sold in the previous year, Reuters reported on Thursday. The figures represent the automaker's lowest tally since January 2022.Tesla's market share in the U.S. EV sector rose to over 56.7% from 43.1% as legacy automakers scaled back their EV efforts.Tesla is offering 0% finan ...
Ford CEO hails Trump fuel standards reset as a 'victory' for affordability and common sense
Fox Business· 2025-12-04 15:26
Core Insights - The CEO of Ford Motor Co. supports the Trump administration's initiative to make automobiles more affordable, highlighting the potential for lower car prices and the introduction of new American-made vehicles due to recent regulatory changes [1][2]. Group 1: Regulatory Changes and Economic Impact - The rollback of the Corporate Average Fuel Economy (CAFE) standards under the Trump administration is seen as a positive move for affordability, allowing consumers more choice in vehicle types without being forced into electric vehicles [3][6]. - The White House claims that the reset of fuel-economy standards will save American families a total of $109 billion, contrasting with the Biden administration's stricter regulations that would have increased the average cost of a new car by nearly $1,000 [8][9]. Group 2: Market Trends and Consumer Preferences - Ford's CEO indicates that the adjustments in tariffs and more reasonable fuel economy standards will lead to a decrease in car prices, with a notable increase of 25% in the affordable range of vehicles offered by Ford in November, despite an overall market decline [10]. - The market demand is shifting towards affordable vehicles, as evidenced by the CEO's assertion that the company can now build what Americans want, which is more affordable options [10].