Tesla fell more than 2% as its European sales continued to decline significantly
According to foreign media reports, Tesla (TSLA.US) saw a significant decline in car sales in several European markets, including Sweden and Portugal, in May, marking the fifth consecutive month of decline. Tesla's stock price fell more than 2% on Monday.
In Sweden, Tesla's new car sales in May decreased by 53.7% compared to the same period last year, while in Portugal, the drop was even steeper at 68%. Sales in Denmark also fell by 30.5%, and in the Netherlands, there was a decline of 36%.
However, data from Norway shows that overall Tesla sales surged by 213% in May, driven by the launch of the new Model Y
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