Tesla Inc. (NASDAQ:TSLA) sales fell 49% YoY in Europe for April as Elon Musk‘s EV giant continues to grapple with global challenges.
What Happened: The company sold 7,261 units in Europe for April, almost half of the 14,228 units it sold last year during the same time, ACEA data showed on Tuesday.
Tesla’s market share also shrank from 1.3% to a minuscule 0.7% in the region, as the Battery Electric Vehicles or BEVs experienced a surge in market share from 12% last year to over 15.3% this year, the data suggests.
However, the region continues to prefer …
Full story available on Benzinga.com
Tesla Inc. (NASDAQ:TSLA) sales fell 49% YoY in Europe for April as Elon Musk‘s EV giant continues to grapple with global challenges.
What Happened: The company sold 7,261 units in Europe for April, almost half of the 14,228 units it sold last year during the same time, ACEA data showed on Tuesday.
Tesla’s market share also shrank from 1.3% to a minuscule 0.7% in the region, as the Battery Electric Vehicles or BEVs experienced a surge in market share from 12% last year to over 15.3% this year, the data suggests.
However, the region continues to prefer …
Full story available on Benzinga.com
Tesla Inc. (NASDAQ:TSLA) sales fell 49% YoY in Europe for April as Elon Musk’s EV giant continues to grapple with global challenges.
What Happened: The company sold 7,261 units in Europe for April, almost half of the 14,228 units it sold last year during the same time, ACEA data showed on Tuesday.
Tesla’s market share also shrank from 1.3% to a minuscule 0.7% in the region, as the Battery Electric Vehicles or BEVs experienced a surge in market share from 12% last year to over 15.3% this year, the data suggests.
However, the region continues to prefer …Full story available on Benzinga.com Read MoreBYDDY, Consumer Tech, electric vehicles, Elon Musk, EV sales, mobility, News, TSLA, Eurozone, Markets, TSLA, US88160R1014, BYDDY, News, Eurozone, Markets, Benzinga Markets
