LONDON: Tesla Inc got off to a sluggish start to the second quarter in Europe, where chief executive officer Elon Musk was expecting a much better showing than the first few months of the year.
The carmaker registered just 13,951 vehicles in April, the European Automobile Manufacturers’ Association said yesterday, down 2.3% from a year ago and its worst tally since January 2023.
Tesla was an exception in an otherwise encouraging month for battery-electric vehicles, which rose 14% industrywide.
Tesla similarly reported a downturn in shipments from its Shanghai factory for the month, in contrast with strong growth for China’s broader plug-in car industry.
Musk told investors on April 23 that the company expected to bounce back from several issues. — Bloomberg