Tesla’s Europe sales drop nearly 45% amid row over Musk’s Trump links
US carmaker’s European market share falls as Chinese rival BYD overtakes it on global revenue, topping $100bn
Sales of new Tesla cars slumped in Europe last month in the latest indication of a potential buyer backlash over Elon Musk’s high profile and controversial behaviour since becoming a leading figure in Donald Trump’s administration.
The Texas-based electric carmaker sold less than 16,000 vehicles across Europe last month, down 44% on average across 25 countries in the EU, the UK, Norway and Switzerland, according to data compiled by the research platform Jato Dynamics.
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Tesla sales fall by 49% in Europe even as the electric vehicle market grows
European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grewABC News - 10h -
Tesla sales fall in Europe despite upswing in EV market
Falling market share comes in wake of Elon Musk’s intervention in region’s politics and carmaker’s ageing portfolioFinancial Times - 14h -
Chinese electric carmaker BYD sales beat Tesla
The Shenzhen-based firm says revenue for last year came in at $107bn, boosted by sales of its hybrid vehicles.BBC News - 20h -
This could be Tesla’s next plan to recoup China market share
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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
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Tesla’s EU sales almost halve this year; Hyundai announces $21bn US investment to avoid tariffs – business live
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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.CNBC - 9h -
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What’s Driving Tesla’s Woes?
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