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@ Yahoo! Finance - by layer3.news
2025-05-28 10:28:40
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✍️ Tesla's sales in the European Union have declined for the fourth consecutive month, down 49% year on year, due to increasing competition and a backlash against CEO Elon Musk's political views.
👉 Tesla's sales in the EU have declined for the fourth consecutive month
👉 49% year-on-year drop in April 2025
👉 Backlash against CEO Elon Musk's political views
👉 Lukewarm response to the new Model Y
👉 Increasing competition from European and Chinese manufacturers
👉 Overall rise in battery-electric vehicle sales across Europe increased by 27.8%
👉 Tesla's market share has halved from 1.3% to 0.7% over the past year
#ElonMusk #EuropeanUnion #Europe #Britain #Spain #Italy #France #Germany #business
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