Tesla’s 62% Sales Plunge Opens Gap for German Carmakers to Fill

Tesla Inc.’s sales plummeted 62% last quarter in Germany, a development the outgoing economy minister sees as an opening for the nation’s beleaguered carmakers.

The US manufacturer registered 4,935 new vehicles during the first three months, just over a third of what it sold early last year, according to Germany’s Federal Motor Transport Authority. Sales plunged 43% in March after steeper declines in February in January.

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