Zinger Key Points Tesla deliveries for Model 3 and Model Y vehicles made in China drop 15% year-over-year in May to 61,662. Tesla's sales across Britain, Germany and Italy also fall in May for the fifth straight month. shares are trading lower Wednesday following reports suggesting declining sales in China and European markets. What To Know: Tesla has seen sales declines on its China-made vehicles for seven straight months. That trend reportedly continued into May after the company’s deliveries for Model 3 and Model Y vehicles made in China dropped 15% year-over-year to 61,662, according to Reuters. Despite the year-over-year declines, the report indicates that China-made vehicle deliveries were up 5.5% from April. Investors still appear to be concerned as competition ramps up in the region. BYD sales reportedly rose 14.1% year-over-year in May, and other China-based EV companies also saw gains in China. Reuters also reported that Tesla continues to see demand weakness across Europe related to Musk’s political activity. Tesla’s sales across Britain, Germany and Italy fell for the fifth straight month in May. A spokesperson for Tesla in Britain reportedly attributed the declines to the transition from the company’s older Model Y vehicles to the updated version being made in Berlin. The spokesperson said the company expects to see an increase in sales in the region next month.