13
Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple (www.cnbc.com)
submitted 1 year ago by to c/BoycottUnitedStates@europe.pub
3 comments fedilink hide all child comments
 

KEY POINTS

New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.

BYD recorded 13,503 new registrations in July, up 225% annually.

Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.

all 3 comments

sorted by: hot top controversial new old
[–] 2 points 1 year ago

"Plummet! Plummet! Plummet!"

  • permalink
  • fedilink
  • source
    •
    [–] 1 point 1 year ago (1 child)

    Tesla stock is up 70% for the last 12 months, and that’s not even the peak. How the hell does it do that?

  • permalink
  • fedilink
  • source
  • hideshow 1 child comment
    •
    • 194 comments in c/world@lemmy.world view that post
    167 comments in c/technology@lemmy.world view that post
    4 comments in c/economy@lemmy.world view that post