Absolute numbers and even YoY comparison should always be compared with the growth or decline of the total EV market.

Tesla's market share in Europe is shrinking (to 1.2% now) and BYD has overtaken Tesla in Europe (1.3% market share).

The markets in Europe see an increase in EV's last month which is larger than the increase of  Tesla.

It's the same for the stock price, compare it against the S&P performance to get a real, fair evaluation!

Tesla's Sales Rise in Several European Markets; France and Denmark Return to Growth

Tesla's September sales up 2.7% in France, up 20.5% in DenmarkIts sales continued to rise in Norway, Spain, and fall in SwedenCompany struggling with rising competition, backlash vs MuskTesla's sales...
Tesla's Sales Rise in Several European Markets; France and Denmark Return to Growth

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  • Jo Betsy
    ·10-02
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    Tesla’s Europe share drop stings, but its margin’s way higher than BYD’s!
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    • a4xrbj1
      Both companies get heavy subsidies (at least until 30/9). Take Tesla’s Carbon credit sales out and they make a loss. The profit isn’t from selling cars or energy storage products
      10-02
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  • Ron Anne
    ·10-02
    TSLA’s stock lags S&P—will margin cuts to win share fix that?
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  • Comparing TSLA to S&P makes sense—EV sector’s underperforming the index.
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