Tesla Stock Drops 8% As European Sales Fall, Elon Musk's Net Worth Goes Down $15 Billion
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Tesla's stock dropped over 8% due to a significant decline in European sales, impacting Elon Musk's net worth by $15 billion.
February 25, 2025 | 6:45 pm
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Tesla's stock price fell over 8% following a 45% drop in European sales, contrasting with increased demand for rival EV companies.
The significant drop in European sales directly impacts Tesla's revenue and market perception, leading to an 8% stock price decline. This is critical for investors as it indicates potential challenges in Tesla's market strategy in Europe.
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