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Tesla's Sales Slump for 7 Mths in Sweden, Denmark, France
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Tesla (TSLA.US) experienced a slump in new car sales for the seven straight months in July in Sweden, Denmark, and France, hijacked by CEO Elon Musk's political stance, regulatory challenges, and competition from European and Chinese brands. In July, Tesla's sales in Sweden slid by 86% YoY to 163 units, in Denmark by 52% to 336 units, and in France by 27% to 1,307 units. In the first half of the year, Tesla's sales in Europe sagged over 30%. AASTOCKS Financial News Website: www.aastocks.com |
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