Tesla shares slump after European sales fall
Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.
1don MSN
To be clear, despite its relative youth and its recent struggles, Tesla is among the 10 most profitable car makers in the ...
Overall EV sales in Europe surged 34% in January, while Tesla saw its sales across the continent plummet by a staggering 45%.
As a rout in Tesla ’s stock goes from bad to worse, some investors are bracing for more downside ahead.
Tesla is positioning itself to challenge the ride-hailing industry's established players through recent regulatory moves in ...
5don MSN
While the new car market for EVs surged by 37% in January across Europe, Tesla’s share dwindled as sales dropped by almost ...
Tesla followed up its worst sales month in years in France with another weak showing in Feb, prolonging its early-year slump ...
EVs saw their market share boosted by 37% last month in Europe, with VW taking the crown from Tesla and the Model Y ...
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