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Barchart
Barchart
Ebube Jones

Tesla Is Falling Behind in the European EV Race. Should You Buy, Sell, or Hold TSLA Stock Before It Accelerates Again?

Tesla Inc. Europe BYD Elon Musk

The battle for electric vehicle supremacy is heating up across Europe, and this year the headlines have taken a dramatic turn. BYD (BYDDY), a Chinese electric vehicle manufacturer, has seen its sales surge sixfold to leap past Tesla (TSLA) in the UK, while German figures show Tesla’s grip on the region is slipping as BYD closes in fast.

These shocks come even as Tesla pivots beyond cars, pursuing a future blended with automation, robotics, and what CEO Elon Musk calls “sustainable abundance.” Even with this strategic shift, Tesla pushed its revenue to $28.10 billion last quarter. Meanwhile, TSLA stock has jumped 44% over the past year, trading at about $433 today.

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