Tesla's rebound momentum in Europe continued in April
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Golden Ten Data reported on May 4th that in April, Tesla (TSLA.O) continued its recovery trend in new car registrations across several European markets: registrations more than doubled in Sweden, France, and Denmark; they also increased in the Netherlands. However, there was a significant decline in Norway and Spain. After two consecutive years of annual declines, Tesla has seen a strong rebound in sales across Europe so far this year. This is attributed to a lower base effect and the growing consumer interest in alternatives to fuel vehicles, following the surge in gasoline prices caused by the Iran war.
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