Tesla (TSLA) stock’s 4% rally today didn’t prevent Elon Musk’s electric vehicle-maker from logging its worst month ever, as the post-election rally disappears and the automakers’s market value holds below $1 trillion.
Elon Musk-led EV giant Tesla’s sales in the European Union (EU) is plummeting. The Cybertruck maker’s shares dipped below $1 trillion amid a sales slump in Europe.
The Cybertruck has a cult following in the U.S., but safety issues such as excessive size and acceleration and sharp edges make the Tesla illegal on U.K. roads.