Tesla Sees Third Straight Month of Sales Decline in Europe

Published 3 hours agoTSLA

Tesla Sees Third Straight Month of Sales Decline in Europe

Tesla's woes in the European market continue as the company reported a 36% drop in new car registrations for March compared to the same month last year. This marks the third consecutive month of declining sales in the EU, with the figure standing at 18,224 vehicles, according to relevant reports.

The company's performance in the first quarter of 2025 paints a challenging picture, with sales across Europe plummeting by 38%. Notably, even as the general electric vehicle market experiences growth, Tesla's sales have declined significantly in key countries such as the Netherlands, Sweden, Denmark, France, and Austria.

According to Insider Monkey, Tesla's sales struggles may be attributed to increased competition, particularly from Volkswagen, which is gaining a strong foothold in the electric vehicle segment in Europe. Additionally, factors such as CEO Elon Musk's political statements and consumer anticipation for the new Model Y might be contributing to the decline as potential buyers delay their purchases.

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