Tesla's (TSLA) Europe woes are only getting worse.
According to the European Automobile Manufacturers' **** ociation (ACEA), Tesla electric vehicle registrations (a proxy for sales) in Europe fell to just 6,964 units in October, a 48.5% drop compared to a year ago. Meanwhile, total EV registrations in the region, which includes the UK and the European Free Trade **** ociation, rose 32.9% in October, with overall registrations regardless of powertrain up 4.9%.
October's total marks the 10th straight month of declining Tesla sales in Europe. Meanwhile, the overall market share of EVs in the br