Publisher: Maaal International Media Company
License: 465734
Tuesday, 3 June 2025
Tesla shares lose $50 billion in two days
Tesla shares fell 1.1%, marking its second consecutive daily loss, and the company lost $50 billion in market value in two days.
These losses came after it announced a decline in its sales in May in France, Portugal, Denmark, and Sweden.
The American electric car company sold only 721 vehicles in France in May, a 67% year-on-year decline, marking its lowest level since July 2022.
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