Reported 2 days ago
In March, Tesla experienced a significant sales drop of 28.2% in Europe while overall new car sales rose by 2.8%, thanks to a surge in demand for battery electric vehicles (BEVs). Competitors like Volkswagen and Renault saw sales increases, contrasting with Tesla's declining market share, which fell from 2.9% to 2%. Amid growing competition and geopolitical tensions impacting the automotive industry, the future outlook remains uncertain.
Source: YAHOO