00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Tesla's European sales dropped 49% year over year in the past two months,
00:06even as overall EV sales rose, according to ABC News.
00:09Tesla faces criticism over its aging vehicle lineup and CEO Elon Musk's political ties,
00:14including backlashing Europe for his endorsement of Germany's far-right party.
00:18Tesla is under pressure for rising EV competition, especially for China's BYD,
00:22which is growing rapidly and introducing fast-charging technology.
00:26Musk's support for the alternative Germany party and his ties to Trump have drawn sharp
00:30criticism from German leaders and sparked protests targeting Tesla in both the U.S. and in Europe.
00:35For all things money, visit Benzinga.com.
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