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.
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
Saving the planet by selling cars that cost >1.5 median yearly income, pretax was always a joke.