Tesla: Major Drop in Revenue Figures in Europe Again!

In several key markets, registrations fell significantly compared to the same month last year. Sweden recorded a decrease of 81%, the Netherlands 74%, and Denmark 67%. Only Norway and Italy had small bright spots. In Norway, the number of vehicles sold increased by 11.8%, and in Italy, 446 units were sold, representing a 29% increase in electric cars. Chinese car manufacturers are pushing into the European market Several factors are responsible for Tesla's losses. Tesla faces increasing competition in its segment: In particular, Chinese manufacturers...