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.

  • _stranger_@lemmy.worldEnglish
    3·
    14 hours ago

    As an American, I think the only path forward for a stable world is a stable Europe, if only because the EU is the biggest non malfunctional, non antagonistic multi country body right now.