Tesla's sales continue to decline in the European market.

In the largest electric car market in Europe, Tesla sales continue to plunge significantly. Data released on Tuesday showed that in Germany and the UK, the two leading countries in electric car registrations in Europe, Tesla's sales in July were down by more than half compared to the previous year. Last week in France, which is the third largest market in Europe in terms of electric car sales, the national automotive industry association revealed that Tesla's registrations in July had fallen by 27%, with a nearly 40% decline in cumulative registrations for the first 7 months of the year. Tesla's stock price fell by 1.2% at one point, with a cumulative decline of 23% so far this year.