Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January.
The drop in Tesla shares took the company’s valuation back below $1trn for the first time since November 2024.
Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.
In addition, Tesla owner Elon Musk has been making controversial political waves on both sides of the Atlantic, an analyst said.
Tesla sales in January bucked European electric car sale trends, which grew by more than a third in the month, according to trade body Acea.
Instead, Tesla sales across the EU, EFTA and the UK fell more that 45%, and more than 50% in the EU alone.
Det här med dickpicks – funkar det?
Ursäkta en dum fråga från en man som levt med samma kvinna i drygt 50 år, och jag är en lycklig man ty det hävdar hon, det här med dickpicks, funkar det? Jag är genuint nyfiken, inte för att prova…
