Tesla Sales Plunge 40% In Europe As Chinese EV Rival BYD’S Triple
Reuters2025-08-28
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Tesla's dismay sales trend continues. As they lose more market shares to Chinese EV's, especially BYD, one has to wonder how much more can Tesla absorbs as EV cars are their mainstay in revenue and profit. What is worst is in theIr main market, the US, they start to lose tax credits, which makes their cars more expensive to customers, as well as carbon credit contribution, which is pure profit from other organisations which needs to shore up their "green" statements.
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