Tesla's European Sales Decline as BYD Surpasses in Market
TL;DR Summary
Tesla's electric vehicle sales in Europe dropped by over 50% in April compared to the previous year, marking the fourth consecutive month of decline amid growing competition from Chinese EV makers like BYD and backlash against CEO Elon Musk's political stances, despite the overall growth in the European EV market.
- Tesla has a Europe problem CNN
- Tesla's Europe sales plunge 49% on brand damage, rising competition CNBC
- Tesla's monthly sales in Europe plunge by almost 50% amid protests and backlash against Elon Musk CBS News
- Tesla misses out on European EV growth as Model Y fails to revive sales Yahoo Finance
- China's BYD outsells Tesla in Europe for first time, report says Reuters
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