Tesla Faces 60% Sales Decline in the UK as BYD Gains Market Share
Tesla faces a steep challenge in the UK. New car sales dropped nearly 60% to 987 units in July. This shrank its market share to just 0.7%, shaking its stock market value. Meanwhile, BYD, a Chinese electric vehicle maker, sold 3,184 cars in the same month. Its market share hit 2.3%, showing strong growth. These…