Tesla Had Another Bad Month in Europe
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3 Articles
Tesla has for a long time symbolized the rise in power of the electric car. But while Elon Musk devotes much of his year to his robot projects and has validated a new compensation plan at 1,000 billion dollars (about 920 billion euros), the visionaries of his core business – selling cars – go to dark orange. The manufacturer is under pressure in the three largest car markets in the world: Europe, China and the United States. In Europe, his sales…
Tesla Had Another Bad Month in Europe
Tesla’s European sales almost halved last month, undermining hopes that the revamped Model Y will revive the company’s fortunes in the region. The electric-vehicle maker sold 6,964 cars in Europe in October, down from 13,519 in the same month last year, according to data released Tuesday by local trade body ACEA. That gave it a [...]
In the meantime, European car brands are also meeting the tastes of European customers in electric cars, which is becoming increasingly a problem for Tesla. Once again, Skoda and Renault were able to refer the once popular SUV from Tesla to the rear seats. While Skoda Elroq took first place, the Renault 5 followed second place, the Model Y followed only eighth place in October. But in the first ten months the Model Y is still ahead, Autonews not…
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