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Tesla sales crash in Europe, dropping 45% in Jan as EV competition heats up

Business Standard LogoBusiness Standard6h ago

Tesla sales crash in Europe, dropping 45% in Jan as EV competition heats up - Business Standard

Quick Summary:

Meanwhile, in the UK, Tesla’s sales fell by nearly 8 per cent in a market that saw EV sales surge by 42 per cent.

Tesla’s declining performance in Europe comes amid increasing competition from legacy automakers such as Volkswagen, Stellantis, and Renault, which are under increasing regulatory pressure to expand their EV offerings.

In France, sales plummeted by 63 per cent, marking Tesla’s worst performance there since August 2022.

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 13:26:14 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 509 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26427134

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 289 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://chronographically.beamstart.com/news/tesla-sales-crash-in-europe-17404711335959

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