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Tesla’s EU sales plunge as Musk takes flak

  • Tesla experienced a significant decline in European electric vehicle sales during the first quarter of 2025.
  • This drop occurred amidst surging electric vehicle sales across Europe, attributed partly to Model Y production changes and demand issues.
  • Volkswagen surpassed Tesla in battery electric vehicle sales in Europe over the first three months of the year.
  • Tesla's registrations fell by 38% year-over-year, the steepest drop among top brands, while Volkswagen's registrations rose 157%.
  • The sales plunge contributed to a significant drop in first-quarter profits and signals intensifying market competition.
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finanzmarktwelt.de broke the news in on Tuesday, April 22, 2025.
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