Tesla shares drop on plunging European sales, concerns about Trump's tariffs
1. TSLA shares dropped 6% amid slowing European sales and tariff concerns. 2. ACEA reported a 40% decline in Tesla registrations; overall EV sales increased. 3. Analysts suggest the drop may not reflect true demand for Tesla vehicles. 4. Political influence and competition are impacting Tesla's brand perception. 5. Production of the redesigned Model Y SUV is expected to ramp up soon.