Tesla stock sinks as Europe sales tank on rival offerings, Musk blowback
Only 9,945 Tesla EVs were registered in Europe, down from 18,161 a year ago in January, per the European Automobile Manufacturers’ Association (ACEA). Meanwhile, overall EV sales jumped 37.3%, indicating that EV demand was strong, but just not for Tesla. Germany, the UK, and the Netherlands saw the biggest gains in EV sales.
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This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get latest news ...
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KEY TAKEAWAYS Tesla shares are extending this year’s declines, dropping more than 8% Tuesday, as the company recorded a 45% ...
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