World News@lemmy.worldEnglish · 2 days ago

Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

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technology@lemmy.world

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Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

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World News@lemmy.worldEnglish · 2 days ago

229

cross-posted to:
technology@lemmy.world

Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.

KEY POINTS

New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.

BYD recorded 13,503 new registrations in July, up 225% annually.

Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.

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Yes your point is valid, only the remote cameras part is cheaper than what Google asks for the nest cameras… And in that case it’s using your home WiFi

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