Tesla’s EU sales slump continues as Chinese rivals thrive

Published 4 hours ago
Source: theguardian.com
Tesla’s EU sales slump continues as Chinese rivals thrive

Elon Musk’s brand sold 12,130 new cars across the EU last month, down from 18,430 in November 2024

Tesla continued a run of weak sales in the EU in November, with new car registrations of Elon Musk’s brand down a third, while Chinese carmakers’ sales soared.

Tesla sold 12,130 new cars across the EU last month, down from 18,430 in November 2024, shrinking its market share from 2.1% to 1.4%, according to data from the European Automobile Manufacturers’ Association (Acea), a lobby group.

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