Tesla sales in France fall to three-year low

Sales Tesla in Europe show no signs of recovery at the start of the new year. Car registrations fell sharply in the region's two key markets for electric vehicles. About this reports Bloomberg.

In France, Tesla sold just 661 cars last month, down 42% from January 2025, the lowest figure in more than three years. In Norway, the only European market where Tesla saw growth in 2025, car registrations plunged 88% in January.

Demand for the company's products fell sharply across much of the continent in 2025. Experts attribute this to the negative reaction to participation Elon Musk in the administration Trump and his support for right-wing politicians in Germany and the UK.

At the same time, Tesla faces increasing competition from European manufacturers led by Volkswagen AG and Stellantis NV, as well as Chinese companies, including BYD.

France has the third-largest number of electric vehicle registrations in Europe after Germany and the UK. In January, Tesla sold fewer cars there than Volkswagen's Cupra or Stellantis' Jeep brands.

Norway was an exception to the European trend last year, with Tesla registrations up 41%. This is partly because consumers rushed to buy before tax policy changes. Last month, the government tightened VAT exemption rules, causing overall sales in the industry to fall 76% in January.

According to the European Automobile Manufacturers Association, Tesla sales fell by 27% across Europe in 2025. At the same time, registrations of battery electric vehicles in the industry as a whole increased by 30%.

• For the second quarter of 2025, Tesla earned a net profit of $1.17 billion on revenue of $22.5 billion. This is 12% less than in the second quarter of 2024. year, when revenues were $25.5 billion.