Tesla Sales Crash in Europe
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1don MSN
Tesla’s sales plummeted by more than half across the European Union last month even as the bloc’s overall electric car market grew.
As per ACEA data, sales of Tesla vehicles in 32 European countries plunged 49 per cent to 7,261 last month from 14,228 in the same period a year ago.
Comprehensive new data for all 31 countries across the continent shows EV volumes rose 28% while Tesla's sales collapsed 49% last month.
China's EV giant BYD has overtaken Tesla in monthly sales across Europe for the first time, marking a pivotal shift in the region's automotive landscape and highlighting the growing clout of Chinese automakers on the global stage.
Chinese automaker BYD has overtaken Elon Musk's Tesla in electric vehicle sales in Europe for the first time. According to a report, BYD sold more electric cars in Europe than Tesla. In April, BYD sold 7,
A group of Tesla investors is urging Elon Musk to commit at least 40 hours a week to running the electric vehicle company, arguing his undivided attention is needed to repair Tesla’s faltering sales and stock price volatility.