InsideEVs: Tesla Sales Are Tanking Across The World
In recent days, full-year and January sales results from various markets around the world indicate a bleak picture for the Elon Musk-led electric vehicle company. Even as it added the Cybertruck to its lineup in large volumes last year—which should have unlocked more buyers in America’s expansive pickup truck field—Tesla is seeing serious declines in places where it once had a near-lock on electric sales. Let’s take a look at some of the areas taking the hardest hits.
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The story gets worse in other parts of the world. In Germany, where Tesla was the longtime EV sales leader even as new entries from Volkswagen, BMW, Audi and various Chinese brands started showing up, sales declined a whole 60% in January–just 1,277 registrations in Europe’s biggest car market, according to Fortune. Tesla’s sales were also down 63% in France in January, another large car market, from a year earlier. They also dropped 8% in the UK year-over-year in January even as all-electric vehicle sales rose to 21% of the British new car market, a seven-point increase from 2024. “No Tesla cracked the UK’s top 10 best-seller list last month, something that has regularly happened in the past,” Ars Technica reported this week.
Last Updated: 08.Feb.2025 23:23 EST