Tesla extends dismal run in Europe with 40% drop in February salesTesla Inc’s sales have fallen in 10 of the last 12 months in Europe, with the carmaker struggling mightily at the beginning of this year.
The Elon Musk-led company registered 16,888 new cars in February, down 40% from a year ago, according to the European Automobile Manufacturers’ Association. Tesla’s sales plunged 43% in the first two months of the year, deviating from the 31% rise in industry-wide electric vehicle registrations.