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.

  • Kühlschrank@lemmy.worldEnglish
    24·
    8 hours ago

    It is an incredible self-own for the USA that won’t really be felt for a few years at least. To abandon research and future markets tech like electric vehicles and green energy, and to abandon them at the exact time China goes all in on it? Are they trying to put themselves in a position of irrelevance? Because that’s exactly what I’d do if that’s what I wanted.

    • Tuukka R@sopuli.xyzEnglish
      4·
      7 hours ago

      I guess they really are. Much of the decisions are based on what TikTok tells people to think. Facebook allows for Russian influence, TikTok is steered from Beijing.

      The idea of “USA shouldn’t make electric cars” dies come from China, and exists precisely in order to put USA into disadvantage.