Tesla Extends Losses in Europe With 40% Drop in February
Tesla's sales in Europe have fallen in 10 of the last 12 months, with a 40% drop in February compared to the same month last year. The company's sales declined 43% in the first two months of this year, despite a 31% rise in industrywide EV registrations. Tesla is counting on its redesigned Model Y to boost sales, which were impacted by production pauses at factories around the world early this year. Bloomberg's Steve Man reports. (Source: Bloomberg)
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