Tesla's German car sales continue their decline in February
1. Tesla's sales volume in Germany fell over 75% in February. 2. Overall electric vehicle sales increased, contrasting Tesla's decline.
FAQ
Why Bearish?
The sharp decline in sales can indicate weakening demand, reminiscent of past sales dips impacting TSLA stock.
How important is it?
The significant decline in market share in Germany raises concerns about TSLA's competitiveness.
Why Short Term?
Sales trends can quickly affect quarterly results and investor sentiment, as history shows.