Tesla Sales Plummet 40% in Europe as BYD Surges Ahead
Tesla's sales in Europe experienced a significant decline of 40% in July compared to the previous year, primarily due to increased competition from Chinese automaker BYD, which saw its new car registrations more than triple. This shift marks a worrying trend for Tesla as BYD outperformed it in the European market, raising concerns about Tesla's future competitiveness in the region.
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