Here’s How Tesla’s Sales Have Been Hit Around the World
Looking at Germany, the largest market for EVs in the E.U., the country saw a 30% year-over-year rise in electric vehicle sales in February, but Tesla sales were down more than 70% compared to last year—less than 1,500 new Teslas were registered in the country in February.
Controversy surrounding Tesla’s CEO Elon Musk has tied the brand image heavily to the global political upheaval from the U.S.
2hon MSN
Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla.
A survey of over 100,000 Germans revealed that 94% won’t buy a Tesla vehicle. It doesn’t bode well for the automaker, whose sales had already been falling off a cliff in the important European market.
Europe had been banking on a United States that wanted to make a deal on tariffs and trade. With little progress in that ...
Wells Fargo analyst Colin Langan lowered the firm’s price target on Tesla (TSLA) to $130 from $135 and keeps an Underweight rating on the ...
Musk Rallies the Far Right in Europe. Tesla Is Paying the Price LONDON (Reuters) - For the past two months, tech ...
The Cool Down on MSN2h
Tesla acquires assets of ailing German engineering firm: 'We are gaining qualified employees with a high level of expertise'"We are very pleased to be realizing future innovations there." Tesla acquires assets of ailing German engineering firm: 'We ...
While Europe boycotts Tesla over chief executive Elon Musk’s political activities, the electric vehicle company appears to ...
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