Electric Vehicles

The poll shows that the number of Americans who are open to buying an electric vehicle has dropped to 51 percent in early 2025, down from 59 percent in 2023.

This is a complex question to ask. Q1 sales are down more than expected, even before the tariffs were announced. People just aren't spending their money, because they're either scared, poor, or both.

Now that ridiculous tariffs are in place, cars are going to get even more expensive across the board, so if somebody asked me right now if I was thinking about buying a new car soon, I'd say no. It's not that I never will, but I'm going to hold onto my money and drive my clunker until it's safer to upgrade. I would suspect that at least some of those polled are in that same boat.

And as the article alludes, politics has likely played a roll in all of this. 18-34yos and Democrats and Independents dropped the most in interest. There's other EVs besides Teslas, but they might not be accessible to everyone depending upon cost or locale.

It's not as simple as "Americans are losing interest," and the market is still growing, just might be a little slower than before.