Elon's Red Ink: Tesla's Europe Sales Plummeted Almost 50% in January
Elon Musk's Tesla sales in Europe have taken a significant hit in the first month of 2025, with early figures showing a nearly 50 percent drop compared to the same period last year.
Elon has admitted long ago he released Tesla too early as the promised infrastructure was not there among other reasons. Imo he probably expected it to drop whether he got involved with politics or not.
European here. Many reasons. First; subsidies are gone. Second: devaluation is insane on EVs. Hardly anyone wants a second hand one. Hence no one wants a new one.
I don't think many people refuse to buy a Tesla because of Musk and not agreeing with him.
From the article,
Elon Musk’s Tesla sales in Europe have taken a significant hit in the first month of 2025, with early figures showing a nearly 50 percent drop compared to the same period last year.
Electrek reports that according to early sales numbers released by several European countries, Tesla’s sales in January 2025 have declined sharply compared to January 2024. Elon Musk’s EV juggernaut has suffered a drop in deliveries in every single market, with an overall 47.7 percent decrease across the eight countries that have reported their figures.
The UK, France, the Netherlands, Norway, Spain, Sweden, Denmark, and Portugal have all reported a substantial year-over-year decline in Tesla sales. The most significant drops were observed in Spain and France, where Tesla’s sales plummeted by 75.4 percent and 63.4 percent, respectively. In France, Tesla registrations dropped 63 percent last month, its lowest performance stretch since August 2022.
Recession and poorly made vehicles. Mix in media MAGA bias.
Also electricity rates in europe are insane since they sanctioned russia (no more cheap natural gas), have no oil, and shut down their nuclear reactors.
But hey, solar/wind will make up for it, right, right?