Tesla shares slump after European sales fall
Source: BBC
Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January.The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024.Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.In addition, Tesla owner Elon Musk has been making controversial political waves on both…
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