Tesla’s EU sales slump continues as Chinese rivals thrive

Elon Musk’s brand sold 12,130 new cars across the EU last month, down from 18,430 in November 2024Business live – latest updatesTesla continued a run of weak sales in the EU in November, with new car registrations of Elon Musk’s brand down a third, while Chinese carmakers’ sales soared.Tesla sold 12,130 new cars across the EU last month, down from 18,430 in November 2024, shrinking its market share from 2.1% to 1.4%, according to data from the European Automobile Manufacturers’ Association (Acea), a lobby group. Continue reading...