Tesla Continues European Surge As Sales In France Triple, Denmark Showcases Growth

Tesla Inc. (NASDAQ: TSLA) reported a significant increase in vehicle registrations in Europe, with France seeing a 203% year-over-year rise to 9,569 new vehicles in March. Other countries also showed growth, including Norway with 6,150 registrations (up 178%), Sweden with 1,447 (up 144%), and Denmark with 1,784 (up 96%). Additionally, Elon Musk announced the end of production for the Model S and X, marking a strategic shift in Tesla's vehicle lineup, which now focuses on the Model 3, Model Y, and the upcoming Cybertruck. Following these developments, TSLA shares rose 4.64% to $371.75 at market close and continued to increase in pre-market trading.