Tesla Sales Crash 49% in Europe Even as EV Market Surges
From Yahoo Finance: 2025-05-27 15:46:00
In April, Tesla’s European sales plummeted by 49% to 7,261 vehicles, marking the fourth consecutive month of decline. This decline comes amidst a 27.8% growth in the broader electric vehicle market, signaling increased competition for Tesla in the region.
Despite a slight dip in total car sales across Europe, Tesla’s specific decline raises concerns about the company’s pricing strategy and competition. However, the Model 3 and Model Y remain strong performers in the European EV market, highlighting Tesla’s continued relevance in the region.
While Tesla faces challenges in the European market, the company remains a key player. Investors may want to consider other AI stocks with higher potential returns and less downside risk than TSLA. Check out the report on the cheapest AI stock with significant upside potential for more information.
Read more: Tesla Sales Crash 49% in Europe Even as EV Market Surges