Tesla New Car Sales Hit 2-Year Low In UK, Germany As European Woes Continue

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Tesla New Car Sales Hit 2-Year Low In UK, Germany As European Woes Continue - Benzinga

Quick Summary:

What Happened: Sales for the company's vehicles fell by over 62% in the UK compared to last year and declined 46% YoY in Germany, according to a report published by Reuters on Tuesday.

Tesla Inc.’s (NASDAQ:TSLA) European woes continue to pose a problem for Elon Musk’s EV giant as sales in the UK and Germany hit new lows.

This decline in sales follows a trend for the company in Europe, with sales plunging in some other markets within the region.