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Transportation

Tesla Sales Plummet Across Europe Even as Model Y Ramps Up

Elon Musk’s 100-Day Bet

Takeaways NEW

Tesla Inc. sales kept sliding across Europe’s biggest electric-car markets in April, despite the company rolling out an updated version of its most popular vehicle.

The company registered only 512 new vehicles last month in the UK, the Society of Motor Manufacturers and Traders said Tuesday, down 62% from a year earlier. Tesla’s plunge was even more pronounced in Denmark, the Netherlands and Sweden, with sales dropping by at least two-thirds in each country.