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Tesla's European sales keep collapsing even as the EV market grows

  • Tesla's European sales dropped by nearly 50% in April despite overall EV sales growth in the continent.
  • The backlash against CEO Elon Musk's actions, including endorsing the German far-right party, has led to protests and impacted Tesla's sales globally.
  • Competitors like BYD have overtaken Tesla in Europe, posing a new challenge alongside the increasing competition in the EV market.
  • Tesla's brand crisis in Europe is deepening, with sales decline pointing towards ongoing challenges despite the release of the updated Model Y.

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