Tesla’s sales have plummeted across Europe, according to recent data. The company’s struggles are part of a larger trend in the automotive industry, with many manufacturers facing challenges due to global supply chain disruptions and increasing competition. Tesla’s financial reports show a significant decline in revenue, citing decreased demand for its electric vehicles. As the company navigates these challenges, investors will be watching closely to see how Tesla responds and whether it can regain its market momentum.
Source: https://www.ft.com/content/ea2329e4-b4bc-4e2d-be34-e9a8ea31129c