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2d ago

Tesla Sees Norway Registrations Jump 212.5% in May While Dutch Sales Drop 36%

Price cuts coupled with zero-interest financing highlight Tesla’s bid to offset mounting EV competition across Europe.

A general view of a Tesla store in Porsgrunn, Norway, December 24, 2021. REUTERS/Victoria Klesty/File Photo
A Tesla electric vehicle is parked at a Tesla dealership, after Tesla, Inc. released its financial results for the first quarter of 2025, in Berlin, Germany April 23, 2025. REUTERS/Annegret Hilse/File Photo
Norwegians have flocked back to Tesla as it offered zero-interest loans and a new Model Y

Overview

  • Norway registrations soared 212.5% to 2,600 vehicles in May, marking Tesla’s best month of the year.
  • Refreshed Model Y led the surge with 2,346 sales, up 240% year-on-year and securing the top-selling spot.
  • Tesla’s market share in Norway climbed to 18.1%, rising 639 basis points above its three-month trailing average.
  • Registrations in the Netherlands fell 36% year-on-year in May with competition from Chinese and European EV makers intensifying.
  • Cumulative Tesla deliveries in Norway climbed 8.3% to 7,381 units through May.