Tesla sales almost halved in Europe last month and were surpassed by a Chinese rival
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Tesla's European sales dropped by 45% in January, falling behind China's SAIC Motor despite an overall rise in EV sales in Europe.
February 25, 2025 | 11:45 am
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Tesla's European sales dropped by 45% in January, falling behind China's SAIC Motor despite an overall rise in EV sales in Europe.
The significant drop in Tesla's European sales, despite a growing EV market, suggests competitive pressures and potential market share loss to rivals like SAIC Motor. This could negatively impact Tesla's stock price in the short term.
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