Tesla shares slump after European sales fall
Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.
The EV giant’s shares fell to their lowest level since November as competitors gain ground and the boss’s political ...
Overall EV sales in Europe surged 34% in January, while Tesla saw its sales across the continent plummet by a staggering 45%.
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EVs saw their market share boosted by 37% last month in Europe, with VW taking the crown from Tesla and the Model Y ...
Tesla’s stock dropped on Tuesday as a new report shows demand woes are picking up in Europe, with sales dropping a ...
Tesla Inc.’s stock on Tuesday hovered at its lowest level since November on the heels of lower sales in Europe, pushing the ...
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