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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[–] 67 points 1 year ago (1 child)

Elon is a BYD marketing asset

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  • [–] 8 points 1 year ago (2 children)

    I kinda wish Elon was a Chinese agent and Trump was really a Russian agent. It would make more sense at least.

    But instead we have two people making the exact same decisions that a state agent would do to sabotage the US and it's industries but it's all because of their absolute incompetence instead. Which is far less exciting and far more pathetic.

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