Musk effect
Tesla sales in Europe continue to slump
Tesla recorded a drop in sales in five European countries in January. There were losses in the UK, France, Sweden, Norway and the Netherlands.
Tesla's sales in the UK fell by almost twelve percent, although monthly registrations of electric cars in Europe's largest market for battery electric vehicles rose to a record level, according to data from the research organization New AutoMotive.
In France, Tesla sales slumped by 63 percent in the month under review, in Sweden and Norway by 44 percent and 38 percent respectively and in the Netherlands by 42 percent.
In California, the largest US car market with more than 1.7 million vehicle registrations in 2024, Tesla sales also fell by twelve percent in January.
Loss of image
In addition to tough competition and high interest rates, Tesla CEO Elon Musk's role in the US elections is likely to have exacerbated the decline in sales. Musk also caused controversy with his vocal support for far-right parties in the UK and Germany on his X social media platform.
Last year, Tesla's global deliveries fell for the first time due to high borrowing costs and competition from Chinese and European car manufacturers.
This article has been automatically translated,
read the original article here.
Liebe Leserin, lieber Leser,
die Kommentarfunktion steht Ihnen ab 6 Uhr wieder wie gewohnt zur Verfügung.
Mit freundlichen Grüßen
das krone.at-Team
