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Source: 'Reuters - Business videos'
Description: Tesla's sales volume in Germany fell by 60% in June, the German road traffic agency KBA said on Tuesday, although sales of battery electric vehicles rose overall. Francis Maguire reports.
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Video Transcript:
Tesla's challenges in Germany showed no signs of slowing down on Thursday. Industry data saw the electric vehicle giant sales volume down 60% in the country in June. That was despite sales of battery EVs rising overall. The data was provided by German road traffic agency KBA. It said Tesla sold 1,860 cars in Germany last month, down 60% from a year earlier. It comes after the number of Teslas sold in the first half of the year dropped 58% compared with a year earlier. The KBA said the total number of newly registered EVs went up by close to 9% in June. Tesla's sales also dropped to a sixth straight month in France, Sweden, Denmark, and Italy. It shows the challenges the company faces as competitors with newer models gain market share. CEO Elon Musk's popularity has also declined with protests against him seen in Germany earlier this year. By contrast, the data show Chinese giant BYD saw sales jumped threefold to 1,675 units in June.