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- For months, the EV industry has sensed a slowdown taking shape.
- While EV sales are continuing to grow, they are doing so at a slower pace, research shows.
- It appears Tesla is in the grips of that slowdown in growth.
Tesla just confirmed the market for electric vehicles really is slowing down.
Elon Musk warned a slowdown in sales growth was coming when Tesla reported earnings on Wednesday. Or, as the EV maker tried to dress it up to investors, the company is now "between two major growth waves."