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Wajeeh Khan

Tesla Sales Just Plunged 49% in Europe. How Should You Play TSLA Stock Here?

Tesla Inc. UBS Europe ACEA Barchart

Tesla (TSLA) shares are in focus today after data from the European Automobile Manufacturers’ Association (ACEA) confirmed the EV maker’s regional sales declined an alarming 49% in April.

Tesla’s billionaire chief executive has already announced plans of stepping back from politics, but the ACEA data suggests the related reputational damage continues to pressure its sales momentum. 

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