Tesla shares slump after European sales fall
Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.
Slumping Tesla sales coincide with more Chinese cars in EU
January saw the number of Tesla vehicles newly registered within the EU decline by 50.3% compared to January 2024, according to industry association ACEA. Chinese manufacturer SAIC Motors saw a 76.5% plus in registrations during the same time period.
Tesla (TSLA) stock’s 4% rally today didn’t prevent Elon Musk’s electric vehicle-maker from logging its worst month ever, as ...
Data from the European Automobile Manufacturers’ Association (ACEA) revealed that Tesla sold just 9,945 cars in January 2025, ...
Elon Musk-led EV giant Tesla’s sales in the European Union (EU) is plummeting. The Cybertruck maker’s shares dipped below $1 ...
The Cybertruck has a cult following in the U.S., but safety issues such as excessive size and acceleration and sharp edges ...
3don MSN
While the new car market for EVs surged by 37% in January across Europe, Tesla’s share dwindled as sales dropped by almost ...
The backlash gets local In Washington state, where Tesla is the only EV-maker allowed to make direct, in-person sales to ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback