Tesla's sales in Europe continue to decline

Despite the launch of the upgraded Model Y, Tesla's sales in major European markets are deteriorating at an accelerating pace. In Germany, sales fell 55.1% year-over-year to just 1,110 vehicles in July. Sales in the UK plummeted 60% to 987 vehicles from 2,462 in the same period last year. Tesla registrations in France fell 27% to 1,307 vehicles in July, plummeted 86% to 163 vehicles in Sweden, and dropped 58% to 460 vehicles in Belgium.