Tesla sales plunge 63% in EU’s second-biggest EV market

www.bnnbloomberg.ca

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Tesla sales plunge 63% in EU’s second-biggest EV market

www.bnnbloomberg.ca

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World NewsEnglish • 8 hours ago

Tesla Sales Plunge 63% in EU’s Second-Biggest EV Market

www.bnnbloomberg.ca

Tesla Inc. registrations plummeted 63% last month in France, the European Union’s second-biggest market for battery-electric vehicles.

Summary

Tesla’s registrations in France dropped 63% in January, their lowest since August 2022, far outpacing the broader total EV sales’ 0.5% decline.

Tesla registrations across EU countries fell 13% last year, with Germany accounting for much of the decline.

Sales in Germany, Tesla’s biggest European market, also fell 41% last year due to an aging lineup, competition, and subsidy cuts.

CEO Elon Musk’s political involvement, including support for Germany’s far-right party, may be affecting demand.

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Atelopus-zeteki
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6•8 hours ago
Agreed!

Are you a Sheik?
- @[email protected]
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  7•7 hours ago
  Sheik Sheik Sheik, Sheik Yerbouti!! It’s been a real long time since anyone mention the reference, cheers!
  - Atelopus-zeteki
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    3•5 hours ago
    I better listen to some Zappa. It has been a long time.
    - @[email protected]
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      2•4 hours ago
      Just remember, don’t eat the yellow snow.

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