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Tesla (TSLA) shares saw a modest rise of 1% in morning trading following the release of September registration data showing increased deliveries in several European markets, including France, Sweden, and Spain.
Registrations of new Tesla cars rose across several European markets in September, extending a rebound in the US electric vehicle maker's regional sales. Tesla registrations jumped 61.9% in France, 38.4% in Sweden and 24.8% in Spain from a year ago.
Tesla car registrations in Sweden increased by 38.4% in September compared to the previous year, reaching 2,388 vehicles, according to data from Mobility Sweden.