Tesla sales continue their steep decline in European markets.
Sales of Tesla fell 33% in Jan-July 2025 compared to Jan-July 2024, sales of China's BYD rose 290% during the same period. BYD sold more vehicles in July than Tesla.
BYD's advantage over Tesla include price, technological advancements and EV + Hybrid portfolio.
"A January survey showed 60% of respondents were actively put off buying a Tesla owing to Musk’s behavior."
https://finance.yahoo.com/news/tesla-europe-problem-just-got-121358812.html
https://www.acea.auto/files/Press_release_car_registrations_July_2025.pdf
#EV #FAFO
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