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New data reveals Tesla's unexpected dominance in shrinking EV market: 'There are few homegrown EV options'

New data reveals Tesla's unexpected dominance in shrinking EV market: 'There are few homegrown EV options'

Yahoo11-05-2025
Amid widespread controversy surrounding Tesla, new data shows that sales for the electric vehicle automaker have actually grown in Japan.
The Japan Automobile Importers Association reported a 56% yearly increase in first-quarter sales in 2025 for vehicles categorized as "others." According to Nikkei Asia, Tesla accounts for most of the vehicles in that category.
Despite Japan's overall EV market declining by 33%, imported EV sales are on the rise. In fact, imports account for about 75% of overall EV sales in Japan, according to Teslarati. The publication said the introduction of the new Model Y and various incentives may be impacting the spike in vehicle demand.
There's also the added financial benefit for EV drivers. Drivers can save around $1,500 a year on gas and maintenance by switching to the more planet-friendly upgrade. Electric cars produce zero tailpipe pollution and generally have a smaller carbon footprint over their lifetimes than gas-powered cars, according to the Environmental Protection Agency.
Data from Japan showed that EV sales for all Japanese brands combined were less than Tesla during Q1. S&P global analyst Yoshiaki Kawano mentioned that Japanese automakers don't offer many EV options for local consumers, which pushes them toward other eco-friendly brands.
"There are few homegrown EV options, so in some cases people who want to buy EVs reluctantly choose imports," Kawano said.
Teslarati commenters agreed that the EV market in Japan could use some upgrades. "EV market in Japan is tiny," one wrote.
While demand for Tesla vehicles is up in Japan, the automaker is facing significant challenges elsewhere. Tesla revealed plunging profits in Q1, announcing that revenue dipped 9% and auto revenue dropped 20%. In addition, the automaker's net income was down 71% from last year.
According to CNN, Tesla CEO Elon Musk told investors he would scale back his role with the Department of Government Efficiency to focus on the auto company. Musk's political involvement has drawn significant backlash in recent months. Some analysts even called the brand damage "irreversible."
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Tesla to fight California's claim it overhypes autopilot
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Stock market today: Dow, S&P 500, Nasdaq rise to start busy week of Big Tech-dominated earnings
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Elon Musk now wants you to eat at a Tesla Diner, and it opens today
Elon Musk now wants you to eat at a Tesla Diner, and it opens today

Digital Trends

time31 minutes ago

  • Digital Trends

Elon Musk now wants you to eat at a Tesla Diner, and it opens today

What's happened? Elon Musk, Tesla CEO and owner of X, has taken to his social media platform to show off a new restaurant concept in Hollywood, California which he says will be 'an island of good food, good vibes & entertainment, all while Supercharging.' What's Musk said? Things kicked off on July 20 when Musk re-posted a short video clip showing a drone shot of the Tesla diner at 7001 Santa Monica Blvd, Hollywood, California. Recommended Videos The futuristic-looking building appears to have al-fresco seating on its roof and two huge screens in its parking lot, which itself is lined with Tesla superchargers. Musk followed up the teaser video on July 21, with a more information – confirming that the 'retro futuristic diner' has the potential to expand to cities around the world if the initial location proves popular. If our retro-futuristic diner turns out well, which I think it will, @Tesla will establish these in major cities around the world, as well as at Supercharger sites on long distance routes. An island of good food, good vibes & entertainment, all while Supercharging! — Elon Musk (@elonmusk) July 21, 2025 This is important because: Today, July 21, is opening day for the Tesla Diner – the first of its kind dining and charging location from an auto manufacturer. It potentially sets a blueprint for future charging locations, not only from Tesla, but possibly the wider EV market. The diner has been at least four years in the making, as we first reported on trademark filings for a Tesla restaurant back in 2021. The auto maker had to wait until 2023 before the City of LA granted approval for the first diner to be built, and two years on it's finally ready to open its doors. According to Sawyer Merritt, the Tesla Diner features two 45-foot LED movie screens for patrons to enjoy a drive-in movie, 80 Tesla Superchargers (V4), and a menu which includes burgers, wings, hot dogs, fries, milkshakes and more. Why should I care? Tesla has invested heavily in the EV charging ecosystem, with 30,000 superchargers across 2,500 locations stretching through all 50 states. Yet, range anxiety and worries over charger availability remain for both current EV owners and those considering the switch. Continued investment in charging locations, not only by increasing the number of charges available, but by also creating spaces which are enjoyable to spend 20 to 30 minutes of your day, is only a positive thing for EV owners. The arrival of the Tesla Diner also introduces some new in-car features for Tesla owners too. Drive up to the restaurant and you'll be able to sync the audio and video from the giant screens to the speakers and screens in your Tesla. Plus you'll be able to order your food directly from your Tesla's infotainment display. Ok, so what's next? As Musk suggested in his post, depending on how the Tesla Diner performs, the company might look to roll out the concept to more countries around the world.

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