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Tesla starts 2025 with sharp drop in sales in Europe

Tesla sales in Europe, the UK, and EFTA dropped by more than 45%, with sales under 10,000 units last month, representing a significant decline from a year earlier.
Russ Mould, an investment director at AJ Bell, indicated that increasing competition is likely a main factor in the January sales slump.
Tesla's market capitalization fell below $1 trillion, largely due to a decline in vehicle registrations in Europe in January and February.
Tesla's stock faced pressures from U.S. Tariffs proposed by President Donald Trump on goods from Canada, Mexico, and China.

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Tesla derails in Europe. The US manufacturer of electric vehicles has seen its sales plummet in January and February by 49% in the EU, up to 19,046 units, according to data published this Tuesday by ACEA, the Community employer of car manufacturers. Its sharp decline contrasts with the increase of 28.4% of the registrations of electric vehicles in Europe, up to 255,489 vehicles. If it includes the United Kingdom, Switzerland, Norway and Iceland,…

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The Atlantic

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