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Tesla Returns to Growth in Europe. The Stock Is Dropping.

Tesla Returns to Growth in Europe. The Stock Is Dropping.

Tesla’s April sales volume in Europe showed something important: Growth. Tesla stock was down 2.6% in early trading Wednesday at $181.72, while the was little changed and the was down 0.1%. The drop comes after news the electric vehicle maker sold 11,254 cars in the European Union last month, up about 3% year over year, according to the European Automobile Manufacturers’ Association.