Tesla sales plunge in Europe, with no sign of boost from new model

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Tesla sales plunge in Europe, with no sign of boost from new model

STORY: Tesla’s sales in Europe fell 49% in April from a year earlier, even as overall battery-electric sales rose almost 28%.

The U.S. EV maker’s upgrade of its Model Y is showing little sign of improving the brand’s tarnished image in the region.

Its sales dropped for a fourth month in a row and its share of the total market nearly halved to 0.7% from 1.3% a year ago.

The firm’s flagging sales in Europe reflect a shift away from the brand.

That’s as ******** competition strengthens and some protest against boss Elon Musk’s political views.

Total car sales in Europe remained roughly consistent with last year, falling just 0.3%.

The strongest sales growth came from electric and plug-in hybrid cars.

European carmakers are trying to cut domestic costs and tackle competition amid U.S. tariffs on auto imports and a slowing global economy.

Uncertainty also continues to overshadow the industry’s

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despite eased U.S.-China trade tensions.

April sales in the EU, Britain and the European Free Trade Association fell to 1.07 million cars, following 2.8% growth a month before.

In big movers, registrations at ******** state-owned automaker SAIC Motor and Mitsubishi grew by over 24% and 22% respectively, while they fell by 24.5% at Mazda.

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