Electric vehicle sales in Europe surged in April, but Tesla's sales plummeted by 49% against the trend

Reuters
2025.05.27 04:00
portai
I'm PortAI, I can summarize articles.

In April, electric vehicle sales in Europe grew by 27.8%, but Tesla's sales plummeted by 49% year-on-year. Despite overall car sales remaining basically flat, Tesla's brand image failed to improve due to the Model Y upgrade, leading to a continued decline in sales and a market share drop to 0.7%. Intensified competition and consumer aversion to Musk's political views have resulted in a four-month consecutive decline in Tesla's sales. The overall registration of electric vehicles accounted for 59.2% of passenger car registrations, up from 47.7% in the same period last year