Tesla loses market share in Europe for sixth straight month as competition grows
Publishing timestamp: 2025-07-24 05:04:21
Summary
Tesla lost market share in Europe for the sixth straight month in June, with new car registrations declining and facing tough competition. European auto giants are struggling with challenges including competition from Chinese car brands and U.S. import tariffs. Tesla's struggles come as Musk warns of rough quarters ahead due to higher tariff costs and expiration of federal EV tax credits in the U.S.
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Tickers: RNO-FR, TSLA, STLA, VOW3-DE,
Keywords: volkswagen ag, stellantis nv, business news, technology, transportation, renault sa, business, autos, tesla inc, elon musk,