Tesla’s sales rout in some European markets extends to eighth month

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Tesla‘s sales rout this year in several European markets continued in August amid fierce competition from EV rivals and a backlash against CEO Elon Musk, although Norway and Spain bucked the trend.

Data from France on Monday showed registrations for Tesla cars fell 47.3% in August versus the same month in 2024, while the overall car market grew nearly 2.2%.

Tesla registrations fell more than 84% in Sweden – where electric vehicle sales were flat and the market overall was up 6% – and dropped 42% in Denmark. Tesla registrations in the Netherlands were…



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Tesla’s sales rout in some European markets extends to eighth month



Tesla‘s sales rout this year in several European markets continued in August amid fierce competition from EV rivals and a backlash against CEO Elon Musk, although Norway and Spain bucked the trend.

Data from France on Monday showed registrations for Tesla cars fell 47.3% in August versus the same month in 2024, while the overall car market grew nearly 2.2%.

Tesla registrations fell more than 84% in Sweden – where electric vehicle sales were flat and the market overall was up 6% – and dropped 42% in Denmark. Tesla registrations in the Netherlands were…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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