Overview
- ACEA’s EU-only data show Tesla registrations fell 36.6% in August to 8,220 vehicles as BYD reached 9,130, marking a second consecutive monthly lead for the Chinese brand.
- In the broader Europe tally (EU + EFTA + UK), Tesla logged 14,831 August registrations versus BYD’s 11,455, a gap that fueled a public rebuke of Reuters by Elon Musk over dataset scope.
- Electrified models gained share across the EU, with BEV registrations up 30.2%, PHEVs up 54.5%, and hybrids up 14.1%, together comprising 62.2% of new-car registrations.
- Chinese automakers expanded rapidly in Europe, with Jato Dynamics reporting Chinese-brand sales up 121% year over year to 43,500 units, taking 5.5% market share.
- Investor reaction was swift as Tesla shares fell more than 4% Thursday, even as Deutsche Bank and others raised price targets and projected Q3 global deliveries around 456,000–461,000.