World News@lemmy.worldEnglish · 11 hours ago

Tesla's European car sales nosedive for fifth month as customers switch to Chinese EVs

www.cnbc.com

cross-posted to:
technology@lemmy.world

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Tesla's European car sales nosedive for fifth month as customers switch to Chinese EVs

www.cnbc.com

babysandpiper@sopuli.xyz to

World News@lemmy.worldEnglish · 11 hours ago

cross-posted to:
technology@lemmy.world

The U.S. EV maker has sustained brand and reputational damage in part due to CEO Elon Musk's incendiary rhetoric and political activity.

KEY POINTS

Tesla new car sales in Europe fell 27.9% year-on-year. in May.

The U.S. EV maker has sustained brand and reputational damage in part due to CEO Elon Musk’s incendiary rhetoric and political activity.

Chinese manufacturers, meanwhile, maintained their strong momentum in Europe’s new car market last month.

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