The recently released Ford Mustang Mach-E is turning out to be something of a success. And rival Tesla (TSLA) is feeling the brunt of that increased competition — on the showroom floor.
Looking at recent February auto sales data, analysts at Morgan Stanley discovered an interesting nugget. While battery electric vehicle (BEV) sales outpaced the total vehicle market by nearly 40% in February, Tesla’s BEV market share declined to 69% of the market, vs. 81% a year ago. Morgan Stanley…
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