Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.

KEY POINTS

New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.

BYD recorded 13,503 new registrations in July, up 225% annually.

Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.

  • herseycokguzelolacak@lemmy.mlEnglish
    1·
    13 hours ago

    Europe will not win because European elites are unimaginative idiots who can not see a future that does not involve sucking up to Americans.

    von der Leyen basically caved to Trump in a trade deal despite having a very good hand.

    • Tja@programming.devEnglish
      1·
      12 hours ago

      Or maybe she agreed to impossibles just to placate the idiot, because TACO. It’s not over, we’ll see how it ends.