• 18/05/2025 22:41

The market value of Tesla fell below $ 1 trillion against the background of a decline in sales in Europe

ByNazar Bogudan

Feb 25, 2025

Due to the rapid drop in Tesla shares, the market capitalization of the electric vehicle manufacturer on Tuesday sank below the level of $ 1 trillion, which occurred against the background of reports about a sharp slowdown in cars in Europe. It is reported by Bloomberg.

The market value of Tesla fell below $ 1 trillion amid the decline in Europe

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shares of Ilona Mask fell by 6.2% – up to $ 310, 01 as of 10:05 am in New York. In total, for four trading sessions in a row, Tesla stocks lost 14%.

Recall

“The Ministry of Finance” wrote that in January 2025, sales of Tesla cars in Europe fell by 45%. < /p>

According to the European Association of Car manufacturers, Tesla registered only 9,945 cars in January Compared to January 18 161, 2024.

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