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The Independent UK
The Independent UK
Business
Karl Matchett

Tesla warned of three big issues amid falling sales - despite share price climbing 25% in a month

Elon Musk and Tesla have been warned by a former car manufacturer chief executive of three key problems facing them at present as sales continue to slide - with the electric vehicle manufacturer’s own boss being one of them.

Tesla sales across Europe fell by almost half (49 per cent) last month compared to a year ago, to just over 7,000 vehicles, despite EV sales as a whole continuing to rise. Tesla now have just a 0.7 per cent share of the market in Europe according to European Automobile Manufacturers Association data.

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