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.

  • Tar_Alcaran@sh.itjust.worksEnglish
    1·
    11 hours ago

    They usually compare it to cars of a similar size, instead of similar price. and yeah, when you’re buying a car of the same size that’s 5k cheaper, you’re getting less car.