European car market sees a general rise, while Tesla declines: Musk's remarks contradicted by data
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Tesla CEO Elon Musk has made a significant misjudgment about the European automotive market, claiming that the sales decline is consistent across all manufacturers. However, the latest data shows that Tesla's sales have dropped by 39.7% year-on-year, making it the worst performer among major brands. Despite the increased production capacity of the new Model Y, it has failed to reverse the downturn, with a significant loss of market share. Musk attributes the poor sales to the weak European economy, but data shows that new car registrations in the EU have increased by 13.7% year-on-year
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