Tesla’s Europe sales crash 40% in July as rivals surge
Tesla's European sales plunged 40% YoY in July, with registrations dropping to 8,837, cutting market share to 0.8%. Deliveries are down 34% YTD, even as the region's EV market grew 24%. BYD, Volkswagen, and Hyundai-Kia gained sharply. Analysts warn of rough quarters ahead as Musk's political ties and rising competition erode Tesla's European momentum.