Data published by the U.K.’s Society of Motor Manufacturers and Traders (SMMT) showed Tesla’s new car sales dropped by nearly 60% to 987 units last month, down from 2,462 a year ago.
BYD sold 3,184 units in the U.K. in July, more than quadrupling its sales from a year ago. The company enjoyed similar success in Germany, notching a year-on-year sales uptick of nearly 390%.
They were always going to lose some market share once viable competitors started rising, but those are huge numbers
Yeah people are turning this into a team sport but I’m just happy that Tesla created a whole new segment and spurred MASSIVE competition. This is a huge win for consumers and the environment. We have more choices with better technology which costs less.
Not just viable but obviously Superior competition.