Tesla Falls 1.28% Amid Declining EU Sales and FSD Delay on Cybertruck

+2.70%

Tesla Motors, Inc.

TSLA

458.96

+2.70%

Shares of Tesla Motors, Inc.(TSLA.US) dropped 1.28% to US$220.42.

According to data compiled by consultancy Jato Dynamics, Tesla's electric vehicle sales in the EU fell 16% in July to 14,561 units. During the same period, BMW's pure electric vehicle sales surged about one-third to 14,869 units.

Additionally, Tesla's Autopilot Software Director Ashok Elluswamy announced that the company's Full Self-Driving (FSD) technology is expected to roll out on the Cybertruck in September, a delay from the timeline previously promised by CEO Elon Musk.

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