Tesla loses market share in Europe for sixth straight month as competition grows
1. Tesla's European market share fell to 2.8% in June, down from 3.4%. 2. New car registrations dropped 22.9% compared to June 2024. 3. Chinese car brands' market share in Europe nearly doubled, now at 5.1%. 4. Competition from BYD and VW is hindering Tesla's sales growth. 5. Musk cautioned about potential rough quarters ahead for the company.