Tesla sales drop over 60% in Sweden and Denmark
July 1 (Reuters) - Tesla's TSLA.O sales dropped for a sixth straight month in Sweden and Denmark in June, underscoring the challenges the EV-maker faces as competitors gain market share and CEO Elon Musk's popularity declines.
In Sweden, Tesla's registrations, which are a measure of sales, fell 64.4% in June from a year earlier.
Tesla's sales were also down 61.6% in Denmark, where the U.S. EV maker's revised Model Y sales fell 31.2% compared with last year to 1,155 cars, showing no signs of reviving the brand's fortunes.
The publication of Tesla's monthly car registration figures coincided with a renewal of a dispute between Musk and U.S. President Donald Trump regarding a sweeping tax-cut and spending bill.
Frankfurt listed shares of Tesla were down 5.6% at 0730 GMT.
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