Tesla's sales rout in some European markets continues for eighth month | AI News Digest
Tesla's sales in several European markets have continued to decline for the eighth consecutive month, with registrations in Sweden plummeting by 84% in August. This downturn reflects ongoing challenges for the electric vehicle manufacturer in the region. The company has also made price adjustments for its Model 3 in China, indicating a strategic response to market pressures. Investors are increasingly concerned about executive pay plans across European firms, adding to the economic climate affecting automotive sales. The situation highlights the competitive landscape Tesla faces as it navigates fluctuating demand and pricing strategies.
