-3.6 C
Ottawa
Friday, December 19, 2025

Tesla’s European Sales Slump Continues Into August

Date:

Tesla’s European Sales Slump Continues Into August

Model Y cars during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via Reuters/File Photo

Tesla’s sales slump in Europe extended into August, with sharp declines in key markets underscoring the U.S. electric-vehicle maker’s struggles against rising Chinese competition and a consumer backlash against CEO Elon Musk.

Fresh data from France’s car industry group Plateforme automobile showed Tesla registrations down 47.3 percent year over year in August, while the overall French passenger car market rose by 2.2 percent to 87,850 vehicles. Over the first eight months of 2025, French new-car registrations were down by 7.1 percent, though Tesla’s 39.4 percent drop far outpaced the market.

About the author: Tom Ozimek
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinese Researcher Charged With Smuggling E. Coli Into the US

A lab technician holds a bacteria culture that shows...

Wall Street Review: Stocks End Week Mixed Amid Bulls-Bears Tug of War

Traders work on the floor of the New York...

Visa, Mastercard to Pay $167.5 Million to Settle ATM User Fee Lawsuit

Several Visa and Mastercard credit cards are shown in...

Las Vegas Locals Say Hidden Fees, Less Value Are Driving Away Tourists

|December 19, 2025Updated:December 19, 2025LAS VEGAS—Lately, Andy Zimmerman has...