Tesla registrations in Europe rocket to exceed 2022 full-year total
Tesla’s car registrations in Europe have gone way up, surpassing the total for the entire year of 2022. This happened because Tesla made some smart moves to compete with other companies.
As of August 2023, Tesla has registered 237,556 cars in Europe, more than the 233,800 in all of 2022.
Germany leads with 47,189 cars, France is next with 35,262, and the UK follows with 33,302 Teslas.
Other car companies are also selling more electric cars in Europe because they’ve fixed some problems with making cars. A report says that in early 2023, over a million electric cars were registered in Europe.
Now, Tesla is also selling more because they lowered their prices and made more cars in their Berlin factory.
But, this also makes people wonder if big car companies like Volkswagen and Mercedes-Benz will start selling more electric cars to compete with Tesla.
This is good news for Tesla’s stock market value, which has gone up by 10% in a week in September.
On the downside, Tesla is being investigated for a secret project, and this might affect their stock too.
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