Tesla (TSLA) continued to face challenges in the European Union in March as new car registrations declined 36% to 18,224 vehicles. Importantly,

Tesla's new car sales in Europe dropped 28.2% in March from a year earlier, even as overall battery electric vehicle sales rose 23.6% in the month, according to data from the European Automobile Manufacturers Association (ACEA).

Demand for new Tesla models has slumped across Europe, with more motorists choosing models from traditional brands and Chinese newcomers.