Recently, Tesla $TSLA has been making headlines across global financial markets. The much-anticipated plan to introduce an affordable version of the popular electric SUV Model Y – manufactured in the USA – has sparked discussions. Although the company initially promised a release in the first half of the year, several confidential sources have revealed to Reuters that production has been postponed.
The month of February 2025 marked another challenging time for Tesla Inc. $TSLA in France. Following the worst month for sales in years, the company continues to experience a downturn in one of the major European markets for electric vehicles. An analysis of the situation reveals several factors contributing to this gradual decline.
Tesla's $TSLA 45% drop in European sales this past January has captured attention in the global automotive industry. Despite the overall growth in electric vehicle (EV) sales across the region, the company faces significant challenges.