<div id="readability-page-1"><p>Tesla's (TSLA) European sales declined in November, losing ground to Chinese rival BYD (BYDDF), which posted strong year-over-year growth. The latest data highlights the intense competition for Tesla in the European EV market, as BYD steadily gains market share.</p><h3>Claim 70% Off TipRanks This Holiday Season</h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  for smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  and maximize your portfolio's potential</li></ul> <h2><strong>Let's Look at the Numbers in Detail</strong></h2> <p>According to data from the European Automobile Manufacturers' Association (ACEA), Tesla's sales across the European Union, the European Free Trade Association, and the UK fell 11.8% year over year to 22,801 vehicles in November. In contrast, BYD's November sales surged 221.8% year-on-year to 21,133 units.</p> <p>Additionally, Tesla's market share fell to 2.1% from 2.5% the previous year, although it improved from a weak 0.6% in the prior month. On the other hand, BYD's market share rose to 2% from 0.6% a year ago. BYD's share also increased from 1.6% in October.</p> <p>Overall, new vehicle registrations in Europe rose 2.4% year over year to 1.08 million units, according to ACEA data. The increase was mainly driven by stronger sales of battery and hybrid electric vehicles, with hybrids holding the largest share of the European market at 34.6%.</p> <h2><strong>Tesla Continues to Struggle in Europe</strong></h2> <p>Although Tesla's sales in the region fell less sharply in November than in earlier months, they still point to an ongoing slowdown as the company faces tougher competition from both European and Chinese rivals. Tesla is also working to rebuild its brand after CEO Elon Musk's political moves earlier this year turned away some customers.</p> <p>Tesla also lags in hybrid offerings in Europe. BYD has a clear advantage because it sells popular hybrid models, which are increasingly favored by cost-conscious buyers unwilling to pay the higher prices of fully electric vehicles.</p> <h2><strong>Is Tesla a Buy, Sell, or Hold?</strong></h2> <p>On Wall Street, analysts have maintained a neutral stance on Tesla stock. According to TipRanks, TSLA stock has received a Hold consensus rating, with 11 Buys, 12 Holds, and nine Sells assigned in the last three months. The average price target for Tesla shares is $382.87, suggesting a downside of 22% from the current level.</p></div>

<p>Tesla's European sales fell 11.8% in November, losing market share to BYD, whose sales surged 221.8%. Tesla's market share dropped to 2.1%, while BYD's rose to 2%. Analysts maintain a neutral stance on Tesla stock, with a Hold consensus and an average price target suggesting a 22% downside.</p>

- Tesla's European sales decreased by 11.8% year-over-year in November, totaling 22,801 vehicles, as competition from BYD intensified.  
- BYD's sales surged 221.8% year-over-year to 21,133 units, leading to a rise in its market share to 2%, while Tesla's market share fell to 2.1%.  
- The overall vehicle registrations in Europe increased by 2.4% year-over-year, with hybrids becoming the most popular segment in the market.

TSLA vs. BYD: Tesla Loses Ground in Europe as BYD Sales Surge in November