Tesla Sales Plunge 63% in EU’s Second-Biggest EV Market
www.bnnbloomberg.ca
Tesla Inc. registrations plummeted 63% last month in France, the European Union’s second-biggest market for battery-electric vehicles.

Summary

Tesla’s registrations in France dropped 63% in January, their lowest since August 2022, far outpacing the broader total EV sales’ 0.5% decline.

Tesla registrations across EU countries fell 13% last year, with Germany accounting for much of the decline.

Sales in Germany, Tesla’s biggest European market, also fell 41% last year due to an aging lineup, competition, and subsidy cuts.

CEO Elon Musk’s political involvement, including support for Germany’s far-right party, may be affecting demand.

  • wootfiebre1@lemmy.zipEnglish
    13·
    4 hours ago

    The product isn’t the cars. It’s all the data he’s vacuuming up from the rubes who keep buying them.

    • merc@sh.itjust.worksEnglish
      5·
      4 hours ago

      I’m sure Tesla gathers data, but pretending that a $50,000 car isn’t the actual product is pretty silly.