European car sales decrease in Tesla, where customers turn to Chinese EVS

Timing New car sales in Europe fell for a fifth consecutive month in May, according to Data From the European Automobile Manufacturers Association, or ACEA, where customers burn the cheapest Chinese electric cars.

The data published by ACEA found that the sales of Tesla cars in the European Union, Britain and the European Free Trade Association decreased to 13863 units in May, a decrease of 27.9 % on an annual basis.

The European market share in Tesla also decreased to 1.2 % from 1.8 % in May 2024.

Tesla shares fell about 5 % on Wednesday morning. The stock has decreased more than 18 % years to date.

Total car sales in Europe

The numbers reinforce the declining regional trend of the American electric maker, which has suffered partial and auditory damage due to the CEO Elon MuskThe burning and political rhetorical activity.

Musk spent nearly $ 300 million to help the US President Donald Trump To a second term, then led a loud initiative to reduce federal agencies. The protests erupted in Tesla agents throughout Europe in response.

Since then, the CEO of Tesla has left the Trump administration, in the center of A. Bitter online With the American president.

Tesla continues to fight the increasing competition from traditional car manufacturers, as well as Chinese players. For example, the BYD car giant registered nearly the number of cars like Tesla in May yet Tip Musk for the first time in April.

It was believed that the Tesla Model Y Compact Sport Atility could help provide a transformation in the company’s fortunes – the SUVs were recently Find To play a fundamental role in providing a recovery in new car sales in Norway.

Chinese car manufacturers sold 65,808 units last month and more than twice their share in the market in the region to 5.9 %, according to Data Posted on Tuesday by Jato Dynamics.

“Although the European Union imposed on definitions on Chinese electric cars, its cars trade brands continue to spread strong growth throughout Europe,” Felipe Monoz, global analyst at Jato Dynamics, said in a statement.

“Their momentum is partially due to their decision to pay alternative energy generation stores, such as the fully component hybrid, to the region,” he added.