Tesla’s European sales dropped 49 percent year on year in January and February, despite rising registrations of electric vehicles (EVs).
New Tesla registrations in the European Union fell to 19,046 in the first two months of the year from at least 37,000 in the same period of 2024, according to a report published by the European Automobile Manufacturers’ Association (ACEA) on Tuesday.
The lobby group noted that the United States-based EV manufacturer is struggling to keep pace with competitors while the political controversy around owner Elon Musk is also affecting sales.
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