Tesla’s sales in Germany fell below 1,000 cars last month, signaling a significant challenge for the electric car manufacturer. This decline is the latest in a series of bad news for Tesla’s stock.

For the first time in nearly a decade, Tesla has reported an annual decline in sales. Despite offering incentives like 0% financing and free charging, the electric car manufacturer saw a 1.1% drop in deliveries for 2024 compared to the previous year.