Tesla’s sales collapse in Europe, -45%

Tesla sales in Europe have almost halved in January, demonstrating a drop in demand for vehicles of the US car manufacturer. Many analysts connect the collapse to its political exposure. According to data from the European car manufacturers (ACEA) association, Tesla has sold 9,945 vehicles in Europe in January, down 45% compared to 18,161 last year. Tesla’s market share dropped from 1.8% to 1%. Musk’s repeated interventions in European political affairs and his leading role in the administration of Donald Trump, support many observers, are causing a negative reaction from consumers. The South African billionaire, a narrow councilor of the President of the United States, has become, in recent months, a strong supporter of the far -right Afd party in Germany describing the movement, recalls The Guardian, as the “best hope for the future” in Germany. Yesterday, Musk called the leader of the Alice Weidel party to congratulate her for the results obtained in the German elections.

According to Reuters, Tesla’s sales In Germany 59.5% fell to Januarywith only 1,277 new registrations, while the entire German car market recorded a slight flexion of 2.8%, with over 207,000 vehicles sold. Even in France and Great Britain, the main European markets after Germany, Tesla saw a clear fall in sales. Those in France collapsed by 63%, the worst performance in the country since August 2022.

The company has registered, for the first time, less vehicles in the United Kingdom than its Chinese competitor as an electric cars byd. Tesla sales decreased by almost 8% in an EV market that grew by 42% last month. According to the Acea data, the collapse took place while the European battery electric car market grew by 34%, reaching 124,341 united and conquering a 15% share of the total automotive market.