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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[–] 17 points 1 year ago (1 child)

Gee do you need to be a wizard to figure out aligning yourself with idiot right wingers wasn't a good business decision when your entire business appeal is about being a good person and saving the planet

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