Elon Musk's Tesla Loses Ground In Europe — Sales Down 23% Even As EV Market Grows
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Tesla's sales in Europe fell by 22.9% in June 2025, with 34,781 units sold, down from 45,087 last year, despite a 14.5% increase in overall EV sales in the region. The European automotive market saw a 5.1% decline in new car registrations. Tesla's market share dropped to 2.8%. This decline follows a trend of decreasing sales in the U.S. and a reported 12% drop in revenue for Q2. Meanwhile, BYD plans to expand into Europe with new sub-brands next year.
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