Among the reasons for this decline, obsolete models of the company, growing competition and political disputes around its owner Ilon Mask has been called.
Despite increasing the popularity of electric cars (EV) in Europe, Tesla sales fell strongly, regulating a reduction of more than 40% compared to last year. The Financial Times reported this on Tuesday, March 25.
According to the European Association of Car Manufacturers, the company sold 16,888 cars in Europe in February, 40% less than 28 182 sold in the same month of 2024.
Among the reasons for this decline, obsolete models of the company, growing competition and political disputes around its owner Ilon Mask has been called.
In February 2025, Tesla’s share of the European market fell 1.8% against 2.8% a year before.
Experts note that sales are also affected by the Mask of Ultra -right groups in Europe and its connection to Donald Trump’s administration, which improves politics. At the same time, Tesla’s boycott movement in Europe, as well as serious problems in the stock market with a sharp collapse in the company’s shares, is growing.
Tesla sales collapse occurred against the rear of 26% of the growth of electric vehicles compared to last year. In particular, demand for electric cars in the European Union, Great Britain, Iceland, Liechtenstein, Norway and Switzerland have increased.
Tesla is faced with rising difficulties around the world. Political views of the mask and his proximity to Donald Trump bring a wave of criticism.
Earlier it was reported that Tesla sales in France and Scandinavian countries dropped sharply in February, which was shown in the company market. At the same time, demand for competitors’ electric cars is growing, in particular Volkswagen and Toyota.
Remember, Tesla announced the collapse of annual sales. This happened for the first time in nine years. In 2024, Tesla delivered 1,789,226 cars worldwide, less than 1,808,581 cars in 2023.
In Germany, Tesla sales collapsed 76%
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.