Business

Tesla Faces Steep 65% Sales Drop in Denmark Amid Global Challenges

Sharp Decline in Tesla's Danish Market

Tesla's new car sales in Denmark plummeted by 65.6% in March compared to the previous year, as reported by Mobility Denmark. This significant downturn highlights the electric vehicle giant's growing challenges in maintaining its market dominance.

Global Struggles Intensify

With only 593 cars sold in March, Tesla's performance reflects broader issues, including economic pressures and controversies surrounding CEO Elon Musk's political stance. These factors are contributing to a turbulent period for the company.

Additional Setbacks

Further compounding Tesla's difficulties, a fire at a dealership in Rome resulted in the destruction of 17 vehicles. The company's stock has also suffered, dropping 11% this month and 35% year-to-date, signaling investor concern.