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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Tesla Sales Crash 49% in Europe Even as EV Market Surges

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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81% Informative

Tesla, Inc. (NASDAQ:TSLA) saw a steep drop in its European sales for April , delivering just 7,261 vehicles.

This marks the fourth straight month of declining sales for the EV maker in the region.

Europe ’s broader battery-electric vehicle market grew by 27.8% in April .

The decline suggests company-specific headwinds such as pricing strategy, growing competition, and potentially a lack of fresh product offerings.