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Tesla’s Dismal Run in Europe Continues With 40% Drop in February
Tesla’s Dismal Run in Europe Continues With 40% Drop in February
www.bloomberg.com
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Tesla Inc.’s sales have fallen in 10 of the last 12 months in Europe, with the carmaker struggling mightily at the beginning of this year.
The Elon Musk-led company registered 16,888 new cars in February, down 40% from a year ago, according to the European Automobile Manufacturers’ Association. Tesla’s sales plunged 43% in the first two months of the year, deviating from the 31% rise in industrywide EV registrations.