Tesla shares slump after European sales fall
Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.
Tesla (TSLA) stock’s 4% rally today didn’t prevent Elon Musk’s electric vehicle-maker from logging its worst month ever, as ...
January saw the number of Tesla vehicles newly registered within the EU decline by 50.3% compared to January 2024, according to industry association ACEA. Chinese manufacturer SAIC Motors saw a ...
Sales of Tesla vehicles tumbled 45% in Europe last month, even as the overall EV market picked up in the region. The stock ...
The Cybertruck has a cult following in the U.S., but safety issues such as excessive size and acceleration and sharp edges ...
Tesla, with relatively shallow vehicle sales growth, if any. Read why I continue to rate TSLA stock as a Hold.
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