Tesla’s (TSLA) stock dropped on Tuesday as a new report shows demand woes are picking up in Europe, with sales dropping a precipitous 45% in January. Only 9,945 Tesla EVs were registered in Europe, down from 18,161 a year ago in January, per the European Automobile Manufacturers’ Association. Meanwhile, overall electric vehicle sales jumped 37.3%, indicating that EV demand was strong but just not for Tesla. Germany, the UK, and the Netherlands saw the biggest gains in EV sales. Tesla stock closed down 8.4% on Tuesday, with shares down 25% year to date, and the company's market cap sank below...
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