Tesla plummets in key European markets in November but new car sales jump in Norway
Tesla's sales in Norway rose 34.6% amid buyers rushing to beat tax incentive changes while European sales dropped 30% due to competition and political controversies.
- Tesla has sold more cars in Norway in 11 months than any brand does in a full year, while Norwegian Road Federation data show a strong local surge unlike broader European declines.
- Competition from Chinese car manufacturers has intensified and surveys from Escalent show 38 percent say Tesla lost its novelty, while Elon Musk's political stances spurred boycotts in European markets.
- Norwegian buyers rush to buy before VAT threshold drops from 500,000 to 300,000 kroner next year, OFV's Stokke said, 'The uncertainty surrounding the proposed VAT change from 2026 is... contributing to many people pushing their car purchases forward.'
- Registrations nearly tripled to 6,215 units, and Tesla now holds 31.2 percent of the Norwegian car market, showing strong short-term growth last month.
- European data show Tesla lost about 30 percent of European sales while more than 150 electric models and rivals Volkswagen and BYD intensify competition.
47 Articles
47 Articles
In contrast to Europe, Tesla sets sales records in Norway
Tesla has sold more cars in Norway in 11 months than any other brand in a whole year, according to statistics published on Monday, in contrast to the rest of Europe where the electric car brand run by Elon Musk…
Tesla's new registrations fell sharply in November in several major European markets compared to the previous year. However, one country made an exception ... Sales in France, Sweden and Denmark fell by about half, as reported by data from Monday.The overall market share of Tesla in Europe fell from 2.4 percent in the same period last year to 1.6 percent in the period January to October.Also cheaper variant did not succeedThe market launch of a …
In contrast to its performance in other European countries, the manufacturer dominates the Norwegian automotive market, which is already largely electrified.
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