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1 day ago
Tesla’s October Sales Drop Sharply in Key European Markets
Tesla’s European sales took a major hit in October, with registrations plunging up to 89% in Nordic markets and over 30% in Spain. Despite retaining dominance in Norway, the automaker faces mounting competition from Chinese EV brands like BYD and Zeekr, whose affordable models are gaining traction. Analysts say Tesla’s aging lineup, rising political backlash, and broader industry diversification signal a turning point for Europe’s electric vehicle landscape.
Source: HackerNoon →