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Tesla’s Sales in Europe Plummet

Insider on MSN · 9h

European drivers can't get enough hybrids and EVs — but that's still not helping Tesla

EV and hybrid sales are booming in Europe, but Tesla's market share is shrinking fast.Tesla's EU sales dropped 45% as political backlash and rising competition hit the brand.Chinese rival BYD outsold Tesla in Europe for the first time,

The Associated Press on MSN · 1d

Tesla sales drop in Europe for fifth month in a row

Tesla sales in Europe plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now

New York Post on MSN · 1d

Tesla’s Europe sales plunge for 5th straight month over lingering Musk brand damage

Tesla’s new car sales plummeted 27.9% in May from the year before, according to data from the European Automobile Manufacturers Association.

Elon Musk finds his Tesla 'scapegoat'

New York Post on MSN · 2h

Elon Musk reportedly fires longtime ‘fixer’ Omead Afshar as Tesla sales slump

Elon Musk has reportedly fired Omead Afshar, the head of Tesla’s North American and Europe operations and a longtime top ally, after a prolonged sales slump across the two regions.

Elon Musk fires Tesla’s head of operations Omead Afshar amid plunging sales

Omead Afshar exits Tesla amid falling EV sales, market share losses, and rising safety concerns over robotaxi rollout.

Financial Times · 29m

Tesla parts ways with top executive and fixer for Elon Musk

Afshar has worked for Tesla since 2017, starting in the office of the CEO, before overseeing the construction of its vast “Giga Texas” manufacturing plant in Austin from 2020.

3hon MSN

Tesla fires head of N. American, European operations - report

CEO Elon Musk has reportedly fired the head of the carmaker’s North American and European operations over dissatisfaction ...

Tesla fires Musk’s chief of staff who became head of North America and Europe

Tesla has reportedly fired its head of operations for North America and Europe, a controversial employee who rose to ...

Despite Elon Musk’s Return from Washington, Tesla’s Struggle in Europe Continues

Despite Elon Musk’s renewed focus, Tesla’s European market share shrinks as Chinese EVs surge and Model Y refresh falls flat.

22h

Chinese Automakers Speed Past Tesla in Europe; Stock Drops

Tesla sold just 13,863 vehicles in Europe last month, down 28% from a year earlier. The vacuum is being filled by BYD, SAIC ...

5hon MSN

Tesla stock in the red: what analysts expect from the EV major’s Q2 deliveries

Baird maintains a Neutral rating on the stock with a $320 price target. UBS has also lowered its estimate for Tesla’s ...

The Cool Down on MSN5d

Tesla faces uncharacteristic crisis as its European empire crumbles: 'The European car market is quite weak'

This news follows global trends of declining Tesla sales. Tesla faces uncharacteristic crisis as its European empire crumbles ...

3hon MSN

Longtime Musk Aide and Fixer Omead Afshar Leaves Tesla

The departure of Afshar, who oversaw sales and manufacturing in North America and Europe, comes as Tesla struggles with ...

1d

Why Tesla shares are sliding 5% on Wednesday

Tesla stock is under the pump on Wednesday as the EV major's sales in Europe continue to disappoint investors.

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