Sales of new Tesla cars have almost halved in Europe since the start of the year.
The US electric vehicle maker sold 9,945 vehicles in Europe in January, down 45% from last year’s 18,161, according to data from the European Automobile Manufacturers’ Association (ACEA).
Shares in Tesla have fell by more than 9% on the news, taking the Texas-based company’s valuation back below $1 trillion for the first time since November 2024.
A major factor in the downturn of Tesla sales in...
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