Tesla's new car sales in Europe dropped 28.2% in March from a year earlier, even as overall battery electric vehicle sales rose 23.6% in the month, according to data from the European Automobile Manufacturers Association (ACEA).

Tesla (TSLA) continued to face challenges in the European Union in March as new car registrations declined 36% to 18,224 vehicles. Importantly,

Sales plunged for the third consecutive month, a setback for Elon Musk’s EV maker even as demand for battery-electric vehicles grew in the bloc.