In January, new registrations for Tesla cars dropped sharply across Europe, with Germany reporting a nearly 60% decline and France a 63% drop year-over-year. Other countries like the UK and the Netherlands also experienced declines, with Spain seeing a staggering 75% drop. However, the market for battery electric vehicles (BEVs) grew in the UK and Germany, showcasing a shift in consumer preferences amid rising competition, particularly from Chinese EV manufacturers. Factors affecting Tesla's performance include ongoing strikes, protests against its European operations, and negative sentiment towards Elon Musk.
Tesla's EV registrations fell nearly 60% in January across Europe, particularly in Germany and France, while BEV sales overall saw increases in these markets.
Despite the drop in Tesla registrations, the market for battery electric vehicles is growing, with significant increases reported in the UK and Germany.
Collection
[
|
...
]