Reported 2 days ago
Tesla's shares fell significantly on Wednesday, continuing a downward trend as sales data from several key markets revealed year-over-year declines in May. Sales decreased in Germany, Italy, and the U.K., despite rising in Australia and Norway. The electric vehicle manufacturer has struggled this year partly due to controversies surrounding CEO Elon Musk's political involvement. Investors are awaiting potential improvements in sales with the introduction of the revamped Model Y in the U.K.
Source: YAHOO