Why are Tesla stocks rising amid massive plunge in Europe sales? Know the secret behind
May 27, 2025 07:46 PM IST
Tesla’s sales in Europe fell by almost 50% in April, prompting Elon Musk to blame market weakness rather than diminished demand.
Elon Musk is not ready to admit that the demand for Tesla cars overall is going down in Europe, and is instead blaming a “weak market” for the tanking of sales.
Tesla’s European sales fell by nearly 50% in April, even as overall EV sales on the continent grew, according to the company’s recent sales reports.
Musk denies Europe is shying away from Tesla
However, Musk is claiming that the sudden drop in sales this time is mainly due to the weakening market conditions in Europe. During the recent Qatar Economic…
