Part 2/11:

Despite sensational headlines, Tesla reported its best-ever quarter in global terms, with record-breaking sales figures, especially in the United States. The third quarter saw nearly a 30% jump in US sales, fueled partly by buyers rushing to purchase before the impending phase-out of federal electric vehicle incentives. Yet, the story is not as straightforward when looking beyond the US.

In Europe, the sales figures tell a different story—one marked by steep declines. Data from the European Auto Manufacturers Association reveals that Tesla sales in Europe plummeted nearly 50% in October compared to the previous year. This stark contrast raises questions: Is Tesla truly facing a massive sales problem or are there underlying factors influencing these numbers?