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Why Is Tesla Stock (TSLA) Rising Despite a 53% Europe Sales Crash?
Tesla’s European sales may be imploding. But investors didn’t bat an eyelid. TSLA shares (TSLA) were up over 2.5% Tuesday morning, even after April data showed Tesla registrations in the EU fell a staggering 53% year over year — and 49% across all of Europe. That’s not a blip. It’s a full-on collapse. And yet, Tesla’s stock keeps rising.
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