Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.

KEY POINTS

New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.

BYD recorded 13,503 new registrations in July, up 225% annually.

Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.

    • @[email protected]English
      8•23 days ago

      I kinda wish Elon was a Chinese agent and Trump was really a Russian agent. It would make more sense at least.

      But instead we have two people making the exact same decisions that a state agent would do to sabotage the US and it’s industries but it’s all because of their absolute incompetence instead. Which is far less exciting and far more pathetic.

      • @[email protected]English
        2•22 days ago

        I kinda wish Elon was a Chinese agent and Trump was really a Russian agent.

        Instead of them both being Saudi agents? JK these guys have many owners.