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Tesla pre-market down 2.6%; new registrations in Norway and France in February down 88% and 14.7% year-over-year
Tesla (TSLA.US) pre-market down 2.6% at $392. According to reports, the Norwegian Road Federation (OFV) stated that Tesla’s registrations in Norway in February decreased by 88% year-over-year; in France, new car registrations in February fell 14.70% year-over-year to 120,764 units. Analysts pointed out that these latest figures pose significant short-term bearish pressure on Tesla and reinforce market concerns about a slowdown in mid-term growth. These are not isolated incidents in just two countries but reveal a crisis Tesla is facing in Europe and globally. (Gelonghui)
(Editor: He Chong)