Tesla experienced a significant downturn in German sales, plummeting 76% in February, according to Reuters. This sharp decline raises concerns about the company’s competitiveness in the European electric vehicle market amid increasing local competition.
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Tesla’s sales in Germany plummeted 76% amid Elon Musk’s controversial political campaigning efforts. The sharp decline raises questions about the impact of Musk’s distractions on the automaker’s performance in key European markets.
Tesla’s sales in Europe and the UK plummeted by 45% in January, reflecting the intensifying competition in the electric vehicle market. Analysts suggest that rival brands are gaining ground, posing new challenges for the once-dominant automaker.