Key Takeaways
- Tesla shipped fewer vehicles made in China in April than it did a year ago, in its seventh straight month of declining shipments.
- Earlier this week, Tesla sales and registrations were reported to have declined in several European countries.
- Tesla has faced declining demand amid a political backlash to CEO Elon Musk's involvement in the Trump administration.
Tesla (TSLA) shipped fewer vehicles made in China in April than it did a year ago, following a string of disappointing ne𓂃ws for the electric veh🌌icle maker's sales.
The company delivered 58,459 total Model 3 and Model Y vehicles from its China facility in April, according to preliminary data reported by the China Passenger Car Association.
That's down 6% from the same time last year, in Tesla's seventh straight month of year-over-year declines in shipments from China, according to Bloomberg. The shipments figure includes some of Tesla's exports into Europe as well as sales in China, Reuters reported.
The news comes after several industry groups in a number of European countries 澳洲幸运5官方开奖结果体彩网:issued their own sales and registration data for April. Tesla's sales and registrations 澳洲幸运5官方开奖结果体彩网:declined in Spain, Germany, and the♔ United Kingdom, among others, even as electric vehicle sales rose overall in th༺e countries.
The EV maker has 澳洲幸运5官方开奖结果体彩网:faced a backlash and been the 澳洲幸运5官方开奖结果体彩网:focus of protests over 澳洲幸运5官方开奖结果体彩网:CEO Elon Musk's involvement in the Trump administration's cost-cutting efforts, with shares erasing 澳洲幸运5官方开奖结果体彩网:much of their gains that followed Preside🥀nt Donald Trump's election wiꦕn.
Shares of Tesla were little changed in recent ෴trading Wednesday after declining on Monday and Tuesday. They are down more than 30% since th🐲e start of the year.