Reported 3 days ago
Tesla faces significant challenges in Europe, with sales down 40.1% in February due to intense competition and internal changes. Nonetheless, RBC analyst Tom Narayan remains positive, suggesting that upcoming models like the refreshed Model Y and a new affordable EV could mitigate these losses. Despite concerns over CEO Elon Musk's declining popularity affecting buyer interest, Narayan highlights the overall growth potential for EV sales in a still underdeveloped market.
Source: YAHOO