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Tesla Sales Plunge 45% in Europe as Stock Drops 8%

Tesla sales in Europe, the UK, and EFTA dropped by more than 45%, with sales under 10,000 units last month, representing a significant decline from a year earlier.
Russ Mould, an investment director at AJ Bell, indicated that increasing competition is likely a main factor in the January sales slump.
Tesla's market capitalization fell below $1 trillion, largely due to a decline in vehicle registrations in Europe in January and February.
Tesla's stock faced pressures from U.S. Tariffs proposed by President Donald Trump on goods from Canada, Mexico, and China.

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telex.hu

Musk may already feel that European customers are punishing Tesla

The biggest decline in the European Union car market was caused by Opel and other Stellantis brands at the beginning of the year, while Volkswagen was a big winner. But how did BYD and other Chinese manufacturers start?

2 hours ago

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Le Monde

Tesla stocks plunge, signaling end of markets' Trump euphoria

Elon Musk's company valuation fell below the $1 trillion mark on Tuesday, and its share price is down. While Donald Trump's election had been followed by a surge in the stock market, signs of concern are now emerging.

5 hours ago·Paris, France

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GB News

Elon Musk blamed as Tesla sales plummet 45% across Europe with drivers put off from buying EVs

Elon Musk's Tesla has seen sales plummet by 45 per cent across European markets in the first month of the year, causing shares in the automaker to drop by almost 10 per cent

5 hours ago·London, United Kingdom

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Seeking Alpha

Tesla's market cap falls below $1 trillion as European sales drop (TSLA:NASDAQ)

U.S. electric vehicle giant Tesla’s (TSL) shares tumbled overnight, pushing its market cap below $1 trillion, for the first time since November 2024.

6 hours ago·United States

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ecoticias.com

Is this Tesla's despair so much, or is it something else?

In the process of decarbonization, a Tesla has appeared on the scene that could change everything. Elon Musk’s company is far from the time when it was one of Wall Street’s favorite companies. They are already part of the past those days when its market valuation exceeded billion dollars by the end of 2021 and all seemed to indicate that we were facing an invincible corporation. Then, it broke any record of production and delivery, while its sha…

7 hours ago

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India Today

Tesla shares tumble nearly 9%, market value dips below $1 trillion. Here's why

Tesla share price: The decline followed data from the European Automobile Manufacturers Association, which reported Tesla’s sales in Europe fell 45% in January.

8 hours ago·India

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