Reported 1 day ago
Tesla's sales in Europe have plummeted, with UK registrations falling 62% to just 512 vehicles in April. This decline mirrors similar downturns in Germany, France, Denmark, and Sweden, where competition from companies like BYD has intensified. CEO Elon Musk's polarizing actions and shifting company focus have also contributed to the brand's struggles, prompting potential leadership changes. As a result, Tesla's shares have declined significantly, posing challenges for the company's future in the European market.
Source: YAHOO