Tesla's sales may have dropped, but electric vehicle sales as a whole have continued to increase.
The electric vehicle market is in full swing globally, despite some tough times for EV-giant, Tesla. In Q2 2024, electric vehicle sales grew 11.3% in the U.S., according to a report from Kelley Blue Book. A record-high 330,463 units were sold in the quarter.Sales grew thanks to more availability, continued discounts on EVs and a larger number of leases. General Motors led the charge for new products, helping to improve sales numbers. Tesla, however, saw a 6.
As the senator of South Carolina, Graham pointed out that the state is a major vehicle assembler and tire exporter, so the production of EVs would make sense.Many Republicans have stated their opposition to increased EV production, with many opposing President Biden’s goal of having 50% of all car sales be electric by 2030. However, Sen. Graham suggested that becoming a major EV manufacturer could boost the U.S. infrastructure.
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