Reported 1 day ago
Tesla's sales continue to decline significantly in important European markets, with March registrations showing drastic drops in countries like France, Norway, and Denmark. In the first quarter of 2025, overall registrations fell by over 40% in several regions, raising concerns about the company's performance as CEO Elon Musk's political endorsements may be alienating potential buyers. With the newly updated Model Y failing to boost sales, Tesla's stock saw its worst quarterly performance in over two years.
Source: YAHOO