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Tesla shares are trading lower Monday as new figures underscore the company’s sustained sales woes in Europe.
The automaker’s January electric-vehicle registrations, a proxy for sales, fell 88% in
Norway, 42% in France and almost 67% in the Netherlands compared with a year earlier, according to official data. January was more positive for Tesla TSLA in Denmark, where sales nudged up 3%, and Switzerland, where the company’s registrations grew 26% compared with a year earlier.