Elon Musk's Tesla Defies European Slump With Norway Sales Growth In May: Model Y Comes To The Rescue

Benzinga
2025.06.03 05:56
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Tesla Inc. experienced a remarkable 213% increase in sales in Norway during May, driven primarily by the Model Y, with over 2,346 units sold. This surge contrasts sharply with declining sales across Europe, including a 67% drop in France. Despite challenges in major markets, CEO Elon Musk maintains that there is no demand problem. Tesla's performance metrics indicate strong momentum and growth, although value remains a concern.