Tesla's Europe Slump Continues Apace in January
By Reuters | 02 Feb, 2026
January sales fell 88% in Norway and 42% in France after sales on the continent fell 27% in 2025.
Registrations of new Tesla cars in some of its largest European markets showed little signs of recovery in January, one of the lowest-volume months, rising in Sweden and Denmark but falling in France and Norway.
Elon Musk's full-electric brand, whose market in the continent shrank 27% last year, registered 26% more cars in Sweden and 3% more in Denmark in January than in the same month of 2025, with 512 and 458 cars sold respectively, official data showed on Monday.
Its registrations, a proxy for sales, fell 88% to 83 vehicles in Norway, one of the most brand-loyal countries in Europe which has been at the forefront of EV adoption, and by 42% to 661 in France.
Tesla last year unveiled cheaper versions of its Model Y and Model 3 in the United States and Europe, partly to address concerns around an ageing lineup and intensifying competition from brands such as China's BYD.
But despite a pickup in overall battery-electric car sales in Europe, the U.S. brand has struggled to recover market share since its CEO Musk -- who led U.S. President Donald Trump's Department of Government Efficiency (DOGE) -- backed European far-right figures.
(Reporting by Stine Jacobsen, Anna Ringstrom, Terje Solsvik, Camille Raynaud and Alessandro Parodi, editing by Bernadette Baum)
Recent Articles
- Misuse of Anthropic's Mythos Vulnerability Detector Exposes Platforms to Cybersecurity Risk
- S. Korea March Producer Prices Rose at Fastest Pace in Over 3 Years
- Virginians Passes Democratic Redistricting to Target 4 GOP Congressional Seats
- SpaceX Holds Option to Buy AI Coding Startup Cursor for $60 Billion
- OpenAI Probed for ChatGPT's Tips to Shooter in Deadly Florida University Shooting
- Vingroup's Vinfast EV Unit to Break Even in 2027
- Trump Extends Ceasefire Unilaterally
- Anterior to the Heart
- Meta to Capture Employee Mouse Movements, Keystrokes for AI Training
- Judge Blocks Trump Policies Stymying Solar, Wind Projects
