Tesla’s sales in the European Union plunged for the third consecutive month in March, a setback for Elon Musk’s electric-vehicle maker even as demand for battery-electric vehicles grew in the bloc.
New-car registrations for Tesla models, a reflection of sales, logged a 36% slump in March to 18,224 vehicles, according to the European Automobile Manufacturers’ Association, an industry body. The March contraction came after Tesla recorded a 47% slump in February registrations and a 50% drop in January.
