Overview
- Tesla's EU sales dropped 36% year-over-year in March 2025, marking the largest decline among major automakers.
- First-quarter Tesla registrations in the EU fell 45% compared to 2024, totaling 36,167 vehicles, down from 65,774.
- CEO Elon Musk's ties to Donald Trump have triggered protests, boycotts, and vandalism, impacting Tesla's brand perception.
- Hybrid vehicles accounted for 35.5% of EU car registrations in Q1 2025, outpacing electric vehicles, which grew to a 15.2% market share.
- Tesla's Q1 revenue declined 9% to $19.3 billion, as political sensitivities and an aging product lineup further strained demand.