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Tesla Finally Breaks Its 13-Month Sales Losing Streak in Europe [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla has finally stopped its year-long sales loss in Europe. Last month, the American car company recorded its first uptick in registrations in 13 months. Overall, the European car market grew by 1.7%, while EV sales went up 15.8%. Tesla has ended its 13-month-long sales losing streak in Europe, recording a significant uptick in year-over-year registrations, which are considered a proxy for sales. Last month, the American car company sold 13,740 cars in the European Union, the United Kingdom, and the European Free Trade Association (EFTA) countries, a 29.1% increase over the same month last year. In January and February combined, the Elon Musk-led company sold 20,941 EVs, up 16.7% over the same period last year, when 17,947 Tesla models were registered in Europe, according to the European Automobile Manufacturers' Association (ACEA). By comparison, Tesla sold 32,123 cars in the United States in January , down 26% year-over-year. The Tesla Model Y is the company's best-sell
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