Tesla Stock Falls. BYD Outsells Elon Musk’s EV Maker In the EU.
1. Tesla's EU sales dropped 37% year-over-year in August. 2. Global sales fell by 13%, totaling 721,000 cars in H1 2023. 3. BYD's EU market sales surged while Tesla lagged behind. 4. Strong stock performance earlier this year now faces pressure from declining sales. 5. Investors anticipate Tesla's upcoming earnings amid disappointing sales results.