Tesla is reporting alarming sales declines in major European markets, with January data revealing a staggering 63% drop in France, as total car sales only fell 6%. Germany showed a 59% decrease in Tesla sales this January, following a 41% decline across 2024. The UK presented a slightly better picture with only a 12% drop in sales, but Tesla's market share is decreasing as battery EV sales overall increased by 35%. This trend signals major challenges for Tesla amidst broader market growth.
Tesla's sales dropped around 13 percent across Europe in 2024, with a notable 63 percent decrease in France, amid overall market stability.
In Germany, Tesla faced a significant 59 percent drop in sales for January, following a 41 percent decline throughout 2024.
While overall EV sales in the UK rose 35 percent, Tesla's sales fell by 12 percent, indicating a shrinking market share.
The sharp declines in key European markets present a challenging landscape for Tesla, compounding financial difficulties and market competitiveness.
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