Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

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Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

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World NewsEnglish · 4 months ago

228

Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.

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.

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fittedsyllabi
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4 months ago
Did he really think Europe would like his Elon Hitler salute?
- SaveTheTuaHawk@lemmy.ca
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  4 months ago
  That’s only a part of the reason. Europe now has 12 models of EVs at €25,000 that by every measure, are better.
  - msage@programming.dev
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    4 months ago
    Which ones? I know about Dacia, but most others I’ve heard of start at 30k

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