US EditionTesla’s monthly sales slump 40% across Europe, new data shows
- Tesla's sales in Europe fell by 40% in February, totaling 16,888 new cars, according to the European Automobile Manufacturers' Association.
- In the first two months of the year, Tesla's sales dropped 43%, while industrywide electric vehicle registrations rose by 31%.
- Production changes for the new Model Y affected Tesla's output, resulting in lost or deferred sales due to factory pauses.
- Intense competition from European and Chinese automakers is increasing pressure on Tesla amid a decline in consumer confidence due to economic uncertainty.
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Shouldn't we be boycotting Amazon & Meta too?
It’s fun to watch Tesla’s combination of declining sales, bad press, and tumbling stock price. Given the organic nature of the disdain for Musk in multiple countries, a brand so interconnected with its founder, and whose existing customer base are so...
·United States
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The flight of capital from the US is real. But for experts the real cause is not Trump | Tesla, a new crash in Europe: -40% in February
What is happening on the markets is a structural rebalancing linked to older and deeper reasons: America had gained an exaggerated weight and even the weight of Big Tech was in turn disproportionate
·Italy
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Coverage Details
Total News Sources28
Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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