Tesla The Only Automaker Seeing Sales Growth In Germany This Year: Report

Tesla Inc (NASDAQ: TSLA) is the only automaker in Germany experiencing growth so far this year, Electrek reported Monday.What Happened: The Elon Musk-led company is charting ahead of its domestic and foreign rivals in the European country.In the period after Sept. 2019, the Palo Alto, California-based automaker registered 9,000 deliveries, an increase of 24% year-over-year.Data from Electrek indicates that every other automaker in Germany had deliveries shrink in a similar period including giants like Toyota Motor Corporation (NYSE: TM), Bayerische Motoren Werke AG (OTC: BMWYY), and Volkswagen AG (OTC: VWAGY).The electric vehicle maker enjoyed a record quarter in Germany with …read more

Source:: Yahoo Finance

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