Tesla Sales Decline in Major European Markets Ahead of New Model Y Launch

Reported 2 days ago

In May, Tesla's sales decreased for the fifth consecutive month in key European markets like Britain, Germany, and Italy, attributed to strong competition from Chinese EVs and CEO Elon Musk's political controversies. However, the upcoming deliveries of the new Model Y are expected to boost sales in June. Despite the struggles, Norway has seen an uptick in sales due to early deliveries of the revamped Model Y, while overall demand for electric vehicles in Germany and the UK remains high.

Source: YAHOO

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