Tesla Registrations Rise In EU In September But Not Enough To Make Up For Drop Through Year

Quick Summary:

American EV giant Tesla Inc.(NASDAQ:TSLA) witnessed a 31% jump in new car registrations in September in the European Union, marking a comeback from the drop in registrations throughout the year, according to data from the European Automobile Manufacturers Association (ACEA) released on Tuesday.

What Happened: The auto industry body said that 31,555 new Tesla cars were registered in the EU, marking a growth of 31% from the corresponding period last year, thereby increasing the company’s market share to 3.9%.

The rise in registrations, though significant, is not yet sufficient to make up for ...

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United StatesFranceGermanyItaly

Topics: Global Electric vehicles Tech Benzinga EVs European Union US88160R1014 Mobility News TSLA

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 11:06:13 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 306 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23199608

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