Overview

• Tesla’s US sales dropped 10.6% in May to 46,150 units; UK and German registrations fell by roughly 45% and 36%, respectively.
• Political backlash against Musk’s activism has weighed on Tesla’s European demand; Shanghai factory shipments declined 15% year over year in May.
• The refreshed Model Y delivered triple-digit growth in Norway (213%) and Australia (122.5%) last month.
• Chinese rival BYD saw German registrations soar 824% to 1,857 units and reported a global record-high of 382,476 May deliveries.
• Nio forecasts June shipments of 24,869–27,869 units and plans to enter seven additional European markets by the end of 2026.