Tesla loses market share in Europe for sixth straight month as competition grows
It wasn't just Tesla that reported a drop in new car registrations in June. The four best-selling automakers in Europe all sold fewer cars last month. Tesla's new car registrations, meanwhile, declined to 34,781 units in June, down 22.9% from the same month in 2024. Registrations at Volkswagen and Jeep maker Stellantis reported a year-on-year fall of 6.1% and 12.3%, respectively, while Renault and Hyundai also posted a drop in sales. The figures reaffirm a downward regional trend for the company, which cont ...