The latest Seeking Alpha report on Tesla discusses the opportunities for the company in Europe, concluding that they are many and strong. In the first half of 2015, EV sales in Europe increased 78% YoY, driven by demand from UK, Germany, and the France. Now, Tesla is among the leaders in EV sales in the continent, so it looks well-placed to tap the increasing European demand for EVs. More importantly, Tesla does not face any real competition from luxury car makers in Europe because the majority of them are working on hybrids rather than pure electrics. Thus, investors can expect Tesla to continue doing well in Europe and this will have a positive influence on its financials.
The latest Seeking Alpha report on Tesla discusses the opportunities for the company in Europe, concluding that they are many and strong. In the first half of 2015, EV sales in Europe increased 78% YoY, driven by demand from France, Germany, and the UK. Now, Tesla is among the leaders in EV sales in the continent, so it looks well-placed to tap the increasing European demand for EVs. More importantly, Tesla does not face any real competition from luxury car makers in Europe because the majority of them are working on hybrids rather than pure electrics. Thus, investors can expect Tesla to continue doing well in Europe and this will have a positive influence on its financials.