Reuters reports that, in October, Tesla sales cratered by massive proportions from the preceding month. The outlet says that car registrations, which it describes as a “proxy” for sales, dropped 89 percent in Sweden,

Tesla stock climbed more than 3% to $470.38 in early trading on Monday, placing it within 4% of its all-time high of $488.54 reached in December 2024.

Tesla Inc. has appointed a country head in India, marking a shift in its approach to the market after a muted start to sales in the world’s most-populous nation.

Sales of all-electric cars in China were strong in October, but there were signs of weakness for Tesla investors to note.