Tesla, the world’s most valuable electric vehicle (EV) manufacturer, has reported its most significant year-on-year sales drop in a decade, signaling growing challenges in a once high-growth sector. Amid intensifying global competition, slowing demand in key markets, and ongoing logistical pressures, the company’s delivery volumes have taken a substantial hit. Analysts view this downturn as a critical inflection point for Tesla, which is now navigating a rapidly maturing EV landscape marked by price wars, evolving consumer sentiment, and regulatory shifts.