After pursuing a leadership role in the so-called Department of Government Efficiency, Tesla CEO Elon Musk has spent much of the year focused on the carmakerβs robotics pursuits and winning shareholder approval for his $1 trillion pay package. In the meantime, the outlook for Tesla's main business β selling cars β continued to darken.
Tesla faces sales pressure in the worldβs three biggest car markets: Europe, China and the U.S. The electric-vehicle maker's sales fell 48.5% across Europe in October versus the same month last year, according to data released by the European Automobile Manufacturers' Association (ACEA) on Tuesday.
For the year, its sales are down about 30% in the region, while industrywide EV sales jumped 26%.
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