Tesla's European sales fell sharply last month, dropping 49%, based on data from the European Automobile Manufacturers' Association.

Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.

Data from JATO Dynamics shows that BYD’s Europe volumes rose 359% in April from last year as the company continues its global expansion efforts.

Chinese EV giant BYD sold more electric models than Tesla in Europe for the first time in April, as consumer interest in Elon Musk's automaker collapsed.

The world’s leading electric vehicle (EV) maker is rapidly expanding overseas. After taking control of vehicle sales in Germany

According to the European Automobile Manufacturers' Association, registrations for new Tesla EVs in Europe plunged 49% in April compared to last year. That came despite a 34% surge in overall battery electric car sales there.

Shares of Chinese electric-vehicle (EV) firm BYD fell sharply on Monday following a series of price cuts across its model lineup, triggering investor concerns over rising competition and the prospect of a wider price war.