Financial News

Why Tesla Could Be Losing Dominance in Europe, US Markets


For years now, Tesla Inc. (NASDAQ: TSLA) has been synonymous with electric vehicle (EV) innovation and market dominance. However, this is about to change. The company’s dominance is being challenged in various countries across Europe and the United States even after a stellar performance last year.

A recent report from JATO Dynamics revealed how the American multinational automotive company is experiencing declining sales and market share amid growing competition. The data showed that in the first half of 2024, Tesla sales dropped by 8% and 13% in the…

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