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Tesla sales fall 40% in Europe as Chinese EV rival BYD's triple
CNBC Televisionยท2025-08-28 11:22

Welcome back. Sales of Tesla vehicles in Europe plunging in July. The European Automobile Manufacturers Association saying the company's new car registrations total just 8800 last month, down 40% year-over-year.It was Tesla's seventh consecutive month of European sales declines, even as the industry data showed overall sales of battery electric cars rose. China's BYD saw a 225% surge in new European registrations in the same time period. So BYYD clearly picking up a lot of share and then some it seems like ...