World News@lemmy.worldEnglish · 2 days ago

Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

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cross-posted to:
technology@lemmy.world

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Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

MicroWave@lemmy.world to

World News@lemmy.worldEnglish · 2 days ago

230

cross-posted to:
technology@lemmy.world

Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.

KEY POINTS

New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.

BYD recorded 13,503 new registrations in July, up 225% annually.

Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.

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dependencyinjection@discuss.tchncs.de
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19 hours ago
What specifically is Tesla doing better than the other choices?
- vga@sopuli.xyz
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  Simplicity, TCO, performance.
  - dependencyinjection@discuss.tchncs.de
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    7 hours ago
    Performance as in speed and torque or MPG?
    
    My Merc will give me 88mpg. I could buy an AMG which will shit on your performance.

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