Tesla sales decline in Europe extends to the eighth month

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Tesla has seen a continuous decrease in sales across many European markets in August, which represents a decrease in the eighth month in a row of years on an annual basis.

Tesla faces intense competition from the Chinese BYD and dealing with the repercussions Reuters.

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In France, the data showed that new Tesla car recordings decreased by 47.3 % compared to the same month in the previous year, even when the total car market witnessed a growth of about 2.2 %.

Sweden witnessed a more dramatic decrease, as Tesla records fell more than 84 %, while Denmark reported a 42 % decrease.

The Netherlands and Italy also witnessed 50 % and 4.4 % decreases, respectively.

Norway, a stronghold of the company where EVS dominates the market, has seen 21.3 % increase in Tesla records.

Nevertheless, the BYD witnessed an increase, as the recordings jump by 218 %, according to publication.

Portugal market provided a silver lining of Tasla, an increase of 28.7 % in August records.

Spain recorded a 161 % increase in Tesla sales, supported by EV to $ 8,200.

Relatively, the BYD sales of Spain witnessed a 675 % increase on an annual basis, while Tesla’s growth reaches 11.6 % to 9303 vehicles.

European sales decrease in part is attributed to a set of models limited in Tesla and the absence of a new group market model since the Y in 2020.

On the contrary, Chinese competitors and traditional auto companies offer a variety of new market models.

Earlier this year, European Tesla representatives suggested that the decline in sales is primarily due to a transformation in production to an updated version of the Y, which was the best -selling car in Europe in 2023.

Despite the start of delivery operations in June, the Y. Slippers witnessed significant discounts in Denmark and Sweden in August.

Tesla sold 384122 cars in the second quarter, Lower 60,000 cars, or 13.5 % Of the total sales a year ago, on the occasion of the largest annual sales of the company so far.

This complicated Tesla’s competitive position, as Musk’s political activities, including US President Donald Trump and the European extremist right -wing parties, have led to a violent reaction to consumers.

In addition, Tesla has According to what was reported, it decreased The price of the rear wheel wheel version in China is 3.7 % to 259,500 yuan (36,278.99 dollars).

In August, Musk indicated that the Six -seat Y, was recently presented in China, It may not be produced For the United States Market.

The “Tesla Sales in Europe to the Eighth Month” was created and published originally and published in the first place Only carsThe brand owned by Globaldata.


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