But that Tesla report fails to provide a reason which surely is that BYD and other EV manufacturers are now attracting much market interest away from Tesla's offerings. This is shown to be the case if one looks at the increasing record overall global EV sales growth for 2024.
https://europe.autonews.com/automakers/teslas-record-q4-2024-deliveries-fail-match-byds-surge
Ann: Project and Funding Update, page-559
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