Tesla Sales Decline Continues in Europe Amid Musk's Controversies

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Source: Yahoo Finance
Tesla Sales Decline Continues in Europe Amid Musk's Controversies
Photo: Yahoo Finance
TL;DR

Tesla's sales in Europe have declined for five consecutive months, dropping 28% in May despite a growing EV market, partly due to regional political tensions and increased competition from Chinese automaker SAIC. This decline occurs as Tesla prepares to expand its driverless robotaxi service in the US, amid regulatory scrutiny and mixed reviews.

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