Lates News

In April, Tesla's electric car sales in the European market plummeted significantly. The latest data shows that Tesla's sales in Sweden in that month dropped by 81% year-on-year, and in Germany, the largest car market in Europe, sales fell by 46% year-on-year, while in the UK, sales reached their lowest point in two years. Analysis indicates that besides Elon Musk's political stance facing resistance from European consumers, Tesla is also facing more competition pressure from other car companies in overseas markets. As a result, Tesla's stock price fell by 1.75% on Tuesday, ranking last among the top seven technology giants in the US stock market.