Tesla's Europe Sales Crashing Despite New Model Y
Anis
5 hours ago
Tesla's been seeing a steady drop in European sales lately, and it looks like it's not just because of the temporary effect of the Model Y transition. For the fourth consecutive month, the electric vehicle company's figures are decreasing across key metrics, with particularly sharp drops this time.
Even with the updated Model Y out now, which was supposed to fix the slow Q1 sales, things are still going down in several significant European markets in Q2 2025.
The EV giant experienced a substantial 37% drop in European sales in Q1 2025. Initially, shareholders attributed this downturn to the introduction of the redesigned Model Y, a claim Tesla echoed by citing delivery adjustments.
However, contrary to expectations, sales have not rebounded post-Model Y launch. In fact, in five major European markets, their sales at the start of Q2 2025 are down about 50% compared to last year. That's even worse than the already low sales from Q1.
Reports indicate that car sales in France plummeted by 59.4% compared to the previous April, with a mere 863 units sold. Denmark also saw a significant drop of 67.2%, resulting in only 180 cars sold that month.
Reuters highlights Sweden as experiencing the most severe decline, with sales falling by 80.7% from 1,052 units last April to just 208 this year.
It's tough to say if Tesla will actually grab more of the European market with their new Model Y right now. One major factor contributing to Tesla's decline is the heightened competition from new Chinese EV automakers that are bringing attractive and frequently less expensive electric vehicles to the European market
In addition, Elon Musk's public comments on political issues haven't helped, and have turned some potential European buyers away.
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VPC3050
SELANGOR
BSE4893
JOHOR
JXW5984
PULAU PINANG
PRQ3954
PERAK
ANV4047
PAHANG
CFB6797
KEDAH
KGA4456
NEGERI SEMBILAN
NEF7363
KOTA KINABALU
SJK7621
KUCHING
QAB3180L
Last updated 05 May, 2025
Fuel Price
Petrol
RON 95
RM 2.05
RON 97
RM 3.18
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 2.88
EURO 5 B7
RM 3.08
Last updated 01 May, 2025
Related News
Tesla Halts New Orders For US-Made Model X And Model S In China
Tesla has halted new Model S and Model X orders in China, likely due to high tariffs on US-made cars.
15-04-2025
Report: RHD Tesla Cybertruck Mulled for Australia – Malaysia Included?
Tesla has reportedly confirmed that the right-hand drive version of the Cybertruck is being considered for Australia.
12-03-2025
Tesla Garners Controversial Presidential Nod From Trump
Trump turned the White House lawn into a Tesla showroom, praising Musk’s cars and promising to buy one himself.
12-03-2025
Launched: 2025 Tesla Model Y Juniper Facelift – From RM195,450
Face-lifted Tesla Model Y Juniper officially launched in Malaysia from RM195,450, local deliveries slated for April onwards.
18-02-2025
Report: Toyota Ranked as World’s Most Valuable Car Brand, Tesla Falls to Fourth
Toyota overtakes Tesla as the world’s most valuable car brand in 2024, with the EV marque dropping to fourth position.
22-01-2025
Tesla Issues First Recall Of The Year Over Rearview Camera Failure
Tesla issued its first recall for the calendar year 2025 recently, citing a problem with the rear-view camera.
15-01-2025
Tesla to Roll Out V4 Superchargers in China, Open to All EVs
Tesla’s V4 Superchargers to launch in China in 2025, open to all EVs - Malaysian network stays exclusive.
02-01-2025
Tesla Shanghai Megafactory Powers Up Ahead Of Q1 2025 Megapack Production
Tesla’s Shanghai Megafactory begins trial production, Megapack batteries mass production slated for Q1 2025.
31-12-2024
Latest News
Tesla's Europe Sales Crashing Despite New Model Y
Tesla's European sales are still falling, with key markets down about 50% YOY in early Q2 2025.
05-05-2025
Horse Powertrain Bets on Hybrid Future Amid EV Surge
Despite the EV boom, Horse Powertrain sees hybrids and ICE models playing a key role through 2040.
05-05-2025
PHEVs With Over 80 KM E-Range Get 5% Tax Break in Thailand
Thai PHEV excise tax will now be based on electric-only range, ending outdated fuel tank limits.
05-05-2025
Hyundai Sets Another Record-Breaking Sales Month
Hyundai Group achieved record April sales of 81,503 units, a 19% increase from 2024.
02-05-2025
New Aston Martin DBX S Gets Lighter and Faster Than the 707
The Aston Martin DBX super-SUV gains a new flagship S variant, featuring up to 717 HP and weighing 47 KG less.
30-04-2025
Ferrari 296 Speciale Unveiled as an 868 HP-Rated Super-PHEV
The Ferrari 296 gains two new Speciale variants, featuring tons of carbon fibre parts and up to 868 HP of power.
30-04-2025
Trump Administration Offers Relief On Auto Tariffs
Donald Trump signs an order that will exempt domestic auto makers from certain aspects of his massive tariff plan.
30-04-2025
Auto Shanghai 2025: Nissan Frontier Pro Debuts as Brand’s First PHEV
Silently making its global debut at Auto Shanghai 2025 is the new Nissan Frontier Pro—the brand’s first PHEV model.
29-04-2025
Show More
trending_flat