Electric Vehicle
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Tesla’s Losing Ground in Europe as EV Competition Heats Up
Key Takeaway: Tesla (TSLA.O) is loosing ground in Europe. Despite electric vehicle (EV) sales picking up across the continent, the company’s market share is shrinking fast. New data shows that Tesla’s sales have taken a huge hit, dropping 42.6% so far this year. While more Europeans are buying EVs, they’re not necessarily choosing Tesla. Tesla’s…