Tesla Inc. is facing steep declines in sales across Europe, particularly in Germany and the UK, where July sales fell by more than half compared to last year. In contrast, BYD Co. has experienced a remarkable rise, quadrupling its registrations in both countries. Additionally, Tesla's registrations in France dropped by 27% in July and nearly 40% for the first seven months of the year. Manufacturing disruptions and concerns over Tesla's CEO's public persona are factors contributing to the company's struggles, allowing competitors like BYD to gain traction in the market.
Tesla Inc. is experiencing significant sales declines in Europe, with July sales dropping over half in Germany and the UK compared to the previous year.
BYD Co. has quadrupled EV registrations in Germany and the UK, while Tesla's sales continue to slump, reporting a 27% drop in France for July.
Collection
[
|
...
]