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Tesla sales continued to go down in Europe in the first half of the year. The American EV maker recorded a 33% year-over-year drop in sales from January to June. Meanwhile, traditional automakers ...
Tesla is facing another drop in European sales, as the refreshed Model Y fails to reverse the trend amid growing competition and shifting consumer needs.
Tesla has stopped taking new orders for its flagship Model S and Model X vehicles in Europe. It’s not the first time it happened, but it still raises questions. Following the 2021 Model S/X ...
Tesla’s struggles in Europe are becoming harder to ignore and the outlook doesn’t appear to be improving anytime soon. A combination of factors, including Elon Musk’s polarizing public image ...
Elon Musk's Tesla lost market share in Europe for the sixth straight month in June, according to according to the European Automobile Manufacturers Association.
It wasn’t just Tesla that reported a drop in new car registrations in June, however. Europe’s four best-selling automakers all sold fewer cars.
Tesla remains the leading EV brand in the U.S., where Chinese manufacturers are effectively blocked by tariffs of more than 100%. But globally, BYD is racing ahead of its competitors.
Tesla faces declining sales, contracting margins, and brand damage, with increased competition eroding its market share in Europe and California.
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