1. Tesla's registrations in Germany fell 76% in February. 2. Overall EV sales in Germany rose 31% year-over-year. 3. January saw a 45% drop in Tesla sales across Europe. 4. Elon Musk's political support may harm Tesla's image in Germany. 5. Orders for the new Model Y are now being accepted in Europe.
The significant drop in vehicle registrations suggests potential market share loss. Historical data indicates that sustained declines in sales can lead to decreased investor confidence.
The article discusses severe sales decline, impacting future growth prospects. The relevance of Tesla's performance in major markets like Germany is crucial for investor outlook.
The immediate sales drop is affecting sentiment and price. Recent sales figures can influence trading in the near term.