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Tesla sales are rapidly reduced in Europe

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Experts believe that a reduction in sales is a result of consumer’s negative reaction to European policy mask intervention.

In many major European markets, sales of Tesla’s electric vehicles have been strictly reduced against the rear of consumers’ negative reaction to Ilon’s intervention in regional policy. This has been reported by the Financial Times.

Thus, the world’s largest vehicle manufacturer in January only registered with 1277 new cars in Germany, 59% less than the same month of 2023. The country was the only Tesla plant in Europe.

Last year, sales of electric vehicles in Germany and France strictly slowed down after the reduction of state subsidies, but recently began to continue demand.

It is noted that the collapse of Tesla sales took place against the fact that the German vehicle market in January grew more than 50% in the annual Calculus, as a result of which its share of the market dropped from 14 to 4%.

Note that in France Tesla sales in January fell 63%, and the number of Tesla cars registering in Norway decreased by 38%. In the UK, the number of registrations was reduced by 8% compared to 2023.

According to Matthias Schmidt Automotive Analyst, one of the factors in reducing Tesla sales in Germany is that consumers may be waiting for an updated model Y, the output of which is scheduled for the first half of 2025. Other experts see that the reduction in sales is the result of the negative reaction of consumers to the Ilon Mask intervention on European policy.

In the first time in nine years, sales fell to Tesla

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Source: korrespondent

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