Tesla’s Europe Sales Plunge 49%

2023 Getty Images / Getty Images News via Getty Images As part of a slide that has gone on for months, Tesla’s (NASDAQ: TSLA) EU, UK, and EFTA registrations (the proxy for sales) dropped 49% in October to 6,964. Registrations of its arch-rival, China-based BYD, jumped 207% to 17,470. Tesla has lost a large share of the EV market in the region, and it may not regain it. Aside from BYD, every one of the region's largest legacy car companies is pressing to sell EVs. The data comes from the Automobile Manufac ...