الیکٹرک گاڑیاں بنانے والی چینی کمپنیوں نے ایلون مسک کی نیندیں اڑا دی
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00:00Assalam-o-Alaikum, I am Mirza Sobhan Baig with Daily Pakistan.
00:03Dear viewers, Elon Musk's company Tesla is facing a lot of problems in the European market.
00:10In this market, Tesla used to be the only ferris supplier of electric cars.
00:15With the recent figures, it is clear that Tesla's sales in the European market have fallen by 45%.
00:24In other words, Tesla's sales in the European market have fallen by about 0.5%.
00:28The main reasons for this decline in Europe are the entry of Chinese car company BYD and other European manufacturers.
00:38According to the European Automobile Manufacturers Association,
00:41in January 2025, Tesla's sales in Europe fell by 45%.
00:48In this month, Tesla's registrations were limited to 9945.
00:53Last year, Tesla's car registrations were 18,161.
01:00This decline in sales is certainly a source of concern for Elon Musk.
01:05It is also a concern for him that during this period, the demand for European electric cars has increased.
01:14During this period, the total market share of local electric cars in Europe increased by 37%.
01:20Tesla's market share has fallen by 1.8% to 1%.
01:27This American company is facing difficulties due to the increasing competition in the EV market.
01:33The biggest reason for the decline in Tesla's European market is the increasing competition between Chinese car manufacturer BYD and European brands Focus Wagon and Renault.
01:45Chinese automotive company BYD has established its position in the European market by introducing less expensive electric cars than modern technology.
01:55In this market, the sales of BYD have increased by 37%.
02:01Now, in the European EV market, the control of Chinese BYD is 2.3%, which is much higher than Tesla.
02:10European car manufacturers have also increased the range of their electric cars.
02:15Focus Wagon has increased its EV product line, which recorded an increase of 15% in the sales of its electric cars in January.
02:25Renault has also brought improvements to its cars.
02:28Because of this, Tesla's market share has been limited.
02:32The prices of cheap EV manufacturers are much lower than Tesla.
02:37In addition, Tesla's brand is very strong and it has been manufacturing cars for decades.
02:44On the one hand, Tesla is already facing business difficulties.
02:47On the other hand, the competition in the European market has also created new challenges for it.
02:54Elon Musk's political statements and his active political role have also affected the lack of Tesla sales in Europe.
03:01Some European experts have expressed a lack of interest in buying Tesla cars due to the rising political tensions in America.
03:10Because of this, the value of Tesla's stock has also dropped significantly.
03:14On December 31, 2024, Tesla's share price was $ 400.
03:21Now it has dropped to $ 260.
03:24According to Deepwater Ice Management, Tesla's stock price dropped by 25% in January.
03:30According to the fundamental reasons for this decrease, we have to review the 2025 delivery date.
03:39Because Tesla is facing difficulties in delivering cars on time.
03:43The company has revised its delivery dates, which has increased the pressure on the stock.
03:48At the moment, Tesla is facing serious difficulties in maintaining its position in the European market.
03:55Tesla has faced losses in the markets of France, Italy and Germany.
04:01During this time, the sales of battery-powered electric vehicles increased by 40%.
04:06In comparison to last year, the market share of battery vehicles has reached 15%.
04:11The demand for electric vehicles is increasing, but Tesla seems to be tired in this race.
04:17The market is changing rapidly and Tesla is facing difficulties in maintaining its position.
04:23Last year, there was a shortage in Tesla's delivery.
04:26Along with this, the fierce war of prices with Chinese companies has also increased Tesla's problems.
04:33Tesla's failure in Europe is a wake-up call for the company.
04:37A sharp decline in sales, increasing competition and the problems of the brand's stock force Tesla to look at its practical wisdom in the European market.
04:49The success of rivals like BYD and the strength of European car companies indicate that Tesla needs to pay attention to toughness, difference in price and brand management.
05:03Tesla will have to overcome its brand image to face these challenges.
05:07It will have to face competitive pressure.
05:10And it will have to meet the needs of the market.
05:15How fast the company faces these changing conditions.
05:19And the confidence of its customers will determine its European future.
05:25That's all for now. Stay connected with Daily Pakistan for more interesting videos.