Overview
- Tesla's share of European EV sales fell to 7.7% in the first two months of 2025, a 58% decline compared to the same period in 2024.
- February 2025 saw Tesla's battery-electric vehicle registrations drop by 44%, with its market share hitting a five-year low of 9.6%.
- Volkswagen and BMW Group both outsold Tesla in February, while Chinese brands like BYD and Polestar collectively surpassed Tesla's sales in Europe.
- Elon Musk's public support for far-right parties, including Germany's Alternative for Germany (AfD), has fueled a consumer backlash, particularly in Germany.
- Tesla's challenges are compounded by the phasing out of its Model Y vehicle and a limited model lineup, leaving it vulnerable during product transitions.