Tesla sales in the EU slumped for a fourth consecutive month as Musk’s EV maker struggled to cash in on a growing market in ...

Tesla’s sales plummeted by more than half across the European Union last month even as the bloc’s overall electric car market grew.

Tesla sales fell by up to 81% in some European EV markets in April, compared to last year. It comes as rivals are putting pressure on the company.

Norway and Switzerland — sales cratered by 49% that same month compared to last year, the data showed. It marks the fourth consecutive month of declining annual sales for Tesla in Europe and ...

Car registration figures for France, Sweden, the Netherlands, Switzerland, Portugal, and Denmark, revealed double-digit declines for Tesla sales, Reuters reported. Many of these are high-income ...

Whether it’s France or Sweden, the Netherlands or Switzerland, registrations of new Tesla vehicles—which lag retail sales slightly—continued to plummet at high double-digit rates.

Tesla shares jumped Friday, extending Thursday’s gains amid trade deal optimism after President Trump announced a trade agreement with the U.K. and suggested more deals are on the way.

In 2024, Chinese automaker BYD dethroned Tesla (NASDAQ:TSLA) for the first time to become the world’s leading manufacturer of electric cars. BYD is now conquering Europe and Switzerland.