Business

Tesla is outpacing its European rivals. The price drop is paying off.



Tesla

Discounts seem to be helping its sales in Europe. The electric car maker’s European sales grew faster than any other automaker in February, according to data released Tuesday.

Registered European Union of

Tesla

(ticker: TSLA), which reflects sales, rose to 19,249 this February from 12,860 in the same month a year ago, according to the European Automobile Manufacturers Association.

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