Tesla Inc.’s (TSLA) sales of electric vehicles manufactured in China dropped for the seventh consecutive month in April. The company, led by Elon Musk, is facing growing competition along with turmoil in Europe.
According to a Reuters report, sales of the EV company’s China-produced Model 3 and Model Y decreased by 6% YoY in April, as stated by the China Passenger Car Association (CPCA). These models are distributed in both China and Europe.
In total, Tesla sold 58,459 units of the Model 3 and Model Y in April, marking a decrease of 6% compared to last year and 25.8% lower than sales figures for March.
This occurs as Tesla has been facing challenges in the European market, where sales have been struggling.
having tumbled
In locations like the U.K., Germany, and Spain during April.
In April, Tesla experienced a significant decline in sales with a 62% drop YoY in the U.K., a 46% decrease in Germany, and an observed fall of 36% in Spain for the same period.
This starkly differs from the sales performance of battery electric vehicles (EVs) in those regions. In April, while BEV sales increased by 8.1% in the U.K., they grew by an impressive 53.50% in Germany, and skyrocketed by 54% in Spain over the same timeframe.
In total, Tesla’s share of the market within the European Union, European Free Trade Association, and the U.K. remains significant.
shrank to
2% in March 2025 from 2.9% during the year-ago period.
In the initial four months of 2025, Tesla’s sales in Germany dropped by 60% when compared to the corresponding period last year, whereas sales in Spain saw a decline of 36%.
The firm has faced increasing competition from Chinese companies such as BYD, and both its dealerships and facilities have encountered acts of vandalism and protests due to Musk’s political views.
Tesla’s stock
It has dropped about 32% so far this year, whereas its performance over the past year has risen by 54.70%.
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