Tesla Is Outpacing Rivals in Europe. Price Cuts Are Paying Off.

Tesla


price cuts seem to be helping its sales in Europe. The electric-vehicle maker’s European sales grew faster than those of any other car manufacturer in February, according to data released on Tuesday. 

European Union registrations of

Tesla


(ticker: TSLA) cars, which reflect sales, rose to 19,249 this February from 12,860 in the same month the previous year, according to the European Automobile Manufacturers’ Association. 

Source: https://www.barrons.com/articles/tesla-stock-europe-sales-elon-musk-b4db6599?siteid=yhoof2&yptr=yahoo