<p>作者：William Gavin</p>
<p>特斯拉在多个欧洲市场的新车注册量在一月份出现大幅下滑</p>
<p>特斯拉在欧盟、英国和欧洲自由贸易协会的四个国家的销售在 2025 年下降了近 29%。</p>
<p>特斯拉的股价在周一下跌，因为新的数据显示该公司在欧洲的销售持续低迷。</p>
<p>根据官方数据，该汽车制造商一月份的电动车注册量（销售的替代指标）在挪威下降了 88%，在法国下降了 42%，在荷兰下降了近 67%，与去年同期相比。一月份对特斯拉在丹麦的销售情况较为积极，销售增长了 3%，在瑞士的注册量同比增长了 26%。</p>
<p>挪威的下降是可以预见的，因为该国今年结束了大部分电动车的激励措施。这导致上个季度交付量激增。但来自欧洲的结果显示，特斯拉的电动车业务仍然面临压力，几乎没有缓解。</p>
<p>根据行业数据，特斯拉在欧盟、英国和包括挪威在内的欧洲自由贸易协会的四个国家的注册量在 2025 年下降了近 29%。仅在欧盟，2025 年的销售同比下降了近 38%，欧洲汽车制造商协会表示。</p>
<p>周一早上，特斯拉的股价一度下跌 3.7%，但随后有所回升，中午时分下跌幅度缩小至 2.7%。</p>
<p>尽管特斯拉努力扭转在欧洲的颓势，包括推出一些车型的更便宜版本，但分析师，包括德意志银行的 Edison Yu，预计今年不会有实质性改善。该公司的全球销售也出现下滑，特斯拉正试图通过更大程度地强调人工智能来超越其核心业务。</p>
<p>“在我们看来，特斯拉隐含地发出了销量下降的信号，” Yu 在上周给投资者的报告中表示，指的是该公司决定停产 Model S 和 Model X，以准备制造类人机器人。</p>
<p>与此同时，中国竞争对手，如比亚迪（CN:002594），预计将继续在欧洲市场取得进展，并瞄准北美。加拿大最近表示将允许每年 49,000 辆中国电动车进入其市场。</p>
<p>见：为什么埃隆·马斯克通过停产特斯拉的 Model S 和 Model X 做出了明智的决定</p>
<p>福特汽车公司（F）和小米（HK:1810），后者在中国制造与特斯拉竞争的电动车，也在探索在美国合资制造汽车的可能性，金融时报报道。两家公司均否认了这一报道，福特发言人称其为 “完全错误”。</p>
<p>上个月，吉利汽车控股（GELHY）的高管表示，该汽车制造商计划最终在美国销售其汽车，但不会很快实现。吉利的全球传播负责人 Ash Sutcliffe 告诉 Autoline Network，关于美国扩张的公告可能会在两到三年内发布。</p>
<p>根据彭博社的报道，马斯克的 SpaceX 与 xAI 之间的潜在合并可能会在本周内宣布。马斯克及其高管们也曾提出将 SpaceX 与特斯拉合并的想法，但这可能会被搁置。</p>
<p>阅读：随着 SpaceX 准备进行首次公开募股，埃隆·马斯克的帝国可能会更加交织在一起</p>
<p>特斯拉上周表示计划向 xAI 投资 20 亿美元，后者还拥有社交媒体平台 X。特斯拉已经将 xAI 的 Grok 作为其汽车和类人机器人的语音助手，并向这家人工智能初创公司销售 Megapack 电池。</p>
<p>-William Gavin</p>
<p>此内容由 MarketWatch 创建，MarketWatch 由道琼斯公司运营。MarketWatch 独立于道琼斯新闻通讯和华尔街日报发布。</p>
<p>（完）道琼斯新闻通讯</p>
<p>02-02-26 1222ET</p>

TESL

2 倍做多特斯拉 ETF - Leverage Shares

特斯拉

2 倍做空特斯拉 ETF - Tradr

2 倍做多 TSLA ETF - GraniteShares

1.25 倍做多特斯拉 ETF - GraniteShares

2 倍做空特斯拉 ETF - GraniteShares

2 倍做多 TSLA ETF - T-Rex

2 倍做多特斯拉 ETF - Direxion

<p>特斯拉的股票因 2025 年 1 月欧洲新车注册量下降近 29% 而大幅下跌，挪威、法国和荷兰的降幅尤为显著。尽管丹麦和瑞士有所增长，但欧盟整体销售同比下降近 38%。分析师预测特斯拉将继续面临挑战，尤其是来自中国电动车制造商的竞争日益加剧。该公司还在将重点转向人工智能，停止生产 Model S 和 Model X，并计划在 xAI 上投资 20 亿美元</p>

<p>By William Gavin</p>
<div class="lb-trans"><p>作者：William Gavin</p>
</div><p>Tesla saw sharp January declines in new-vehicle registrations in several European markets</p>
<div class="lb-trans"><p>特斯拉在多个欧洲市场的新车注册量在一月份出现大幅下滑</p>
</div><p>Tesla's sales across the European Union, the United Kingdom and the European Free Trade Association's four countries dropped almost 29% in 2025.</p>
<div class="lb-trans"><p>特斯拉在欧盟、英国和欧洲自由贸易协会的四个国家的销售在 2025 年下降了近 29%。</p>
</div><p>Tesla shares are trading lower Monday as new figures underscore the company's sustained sales woes in Europe.</p>
<div class="lb-trans"><p>特斯拉的股价在周一下跌，因为新的数据显示该公司在欧洲的销售持续低迷。</p>
</div><p>The automaker's January electric-vehicle registrations, a proxy for sales, fell 88% in Norway, 42% in France and almost 67% in the Netherlands compared with a year earlier, according to official data. January was more positive for (TSLA) in Denmark, where sales nudged up 3%, and Switzerland, where the company's registrations grew 26% compared with a year earlier.</p>
<div class="lb-trans"><p>根据官方数据，该汽车制造商一月份的电动车注册量（销售的替代指标）在挪威下降了 88%，在法国下降了 42%，在荷兰下降了近 67%，与去年同期相比。一月份对特斯拉在丹麦的销售情况较为积极，销售增长了 3%，在瑞士的注册量同比增长了 26%。</p>
</div><p>A decline in Norway was expected after the country ended most of its incentives for EVs this year. That caused a surge of deliveries last quarter. But the results from Europe show little relief for Tesla's EV business, which has been under pressure.</p>
<div class="lb-trans"><p>挪威的下降是可以预见的，因为该国今年结束了大部分电动车的激励措施。这导致上个季度交付量激增。但来自欧洲的结果显示，特斯拉的电动车业务仍然面临压力，几乎没有缓解。</p>
</div><p>Tesla's registrations across the European Union, United Kingdom and the European Free Trade Association's four countries - including Norway - dropped almost 29% in 2025, according to industry data. Sales in the E.U. alone in 2025 fell nearly 38% year-over-year, the European Automobile Manufacturers' Association said.</p>
<div class="lb-trans"><p>根据行业数据，特斯拉在欧盟、英国和包括挪威在内的欧洲自由贸易协会的四个国家的注册量在 2025 年下降了近 29%。仅在欧盟，2025 年的销售同比下降了近 38%，欧洲汽车制造商协会表示。</p>
</div><p>Tesla shares were down as much as 3.7% on Monday morning, but had pared losses and were off 2.7% around noon.</p>
<div class="lb-trans"><p>周一早上，特斯拉的股价一度下跌 3.7%，但随后有所回升，中午时分下跌幅度缩小至 2.7%。</p>
</div><p>Although Tesla has made an effort to turn the tide in Europe, including by releasing cheaper versions of some cars, analysts, including Deutsche Bank's Edison Yu, don't expect material improvement this year. Global sales also fell for the company, which is trying to shift beyond its core business through a greater emphasis on artificial intelligence.</p>
<div class="lb-trans"><p>尽管特斯拉努力扭转在欧洲的颓势，包括推出一些车型的更便宜版本，但分析师，包括德意志银行的 Edison Yu，预计今年不会有实质性改善。该公司的全球销售也出现下滑，特斯拉正试图通过更大程度地强调人工智能来超越其核心业务。</p>
</div><p>&#34;Tesla is implicitly signaling a volume decline in our view,&#34; Yu said in a note to investors last week, pointing to the company's decision to discontinue the Model S and Model X vehicles in favor of preparing to build humanoid robots.</p>
<div class="lb-trans"><p>“在我们看来，特斯拉隐含地发出了销量下降的信号，” Yu 在上周给投资者的报告中表示，指的是该公司决定停产 Model S 和 Model X，以准备制造类人机器人。</p>
</div><p>Meanwhile, Chinese rivals, such as BYD (CN:002594), are expected to continue making inroads in Europe and target North America. Canada recently said it would allow 49,000 Chinese EVs into its market annually.</p>
<div class="lb-trans"><p>与此同时，中国竞争对手，如比亚迪（CN:002594），预计将继续在欧洲市场取得进展，并瞄准北美。加拿大最近表示将允许每年 49,000 辆中国电动车进入其市场。</p>
</div><p>See: Why Elon Musk is making a smart move by killing off Tesla's Model S and Model X</p>
<div class="lb-trans"><p>见：为什么埃隆·马斯克通过停产特斯拉的 Model S 和 Model X 做出了明智的决定</p>
</div><p>Ford Motor Co. (F) and Xiaomi (HK:1810), which makes EVs designed to rival Tesla in China, are also exploring a joint venture to make cars in the U.S., according to the Financial Times. Both companies have denied that report, with a Ford spokesperson calling it &#34;completely false.&#34;</p>
<div class="lb-trans"><p>福特汽车公司（F）和小米（HK:1810），后者在中国制造与特斯拉竞争的电动车，也在探索在美国合资制造汽车的可能性，金融时报报道。两家公司均否认了这一报道，福特发言人称其为 “完全错误”。</p>
</div><p>Last month, executives at Geely Automobile Holdings (GELHY) said that the automaker plans to eventually sell its cars in the U.S. - but not for a while. Ash Sutcliffe, Geely's global communications chief, told Autoline Network that an announcement about a U.S. expansion would likely be made within two to three years.</p>
<div class="lb-trans"><p>上个月，吉利汽车控股（GELHY）的高管表示，该汽车制造商计划最终在美国销售其汽车，但不会很快实现。吉利的全球传播负责人 Ash Sutcliffe 告诉 Autoline Network，关于美国扩张的公告可能会在两到三年内发布。</p>
</div><p>A potential merger between Musk's SpaceX and xAI could also be announced as soon as this week, according to Bloomberg News. Combining SpaceX and Tesla was also reportedly floated by Musk and his executives - but that could be put on the back burner.</p>
<div class="lb-trans"><p>根据彭博社的报道，马斯克的 SpaceX 与 xAI 之间的潜在合并可能会在本周内宣布。马斯克及其高管们也曾提出将 SpaceX 与特斯拉合并的想法，但这可能会被搁置。</p>
</div><p>Read: As SpaceX prepares for its IPO, Elon Musk's empire could get even more intertwined</p>
<div class="lb-trans"><p>阅读：随着 SpaceX 准备进行首次公开募股，埃隆·马斯克的帝国可能会更加交织在一起</p>
</div><p>Tesla last week said it plans to invest $2 billion in xAI, which also owns the social-media platform X. Tesla already uses xAI's Grok as a voice assistant for its cars and humanoid robots and sells Megapack batteries to the artificial-intelligence startup.</p>
<div class="lb-trans"><p>特斯拉上周表示计划向 xAI 投资 20 亿美元，后者还拥有社交媒体平台 X。特斯拉已经将 xAI 的 Grok 作为其汽车和类人机器人的语音助手，并向这家人工智能初创公司销售 Megapack 电池。</p>
</div><p>-William Gavin</p>
<div class="lb-trans"><p>-William Gavin</p>
</div><p>This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.</p>
<div class="lb-trans"><p>此内容由 MarketWatch 创建，MarketWatch 由道琼斯公司运营。MarketWatch 独立于道琼斯新闻通讯和华尔街日报发布。</p>
</div><p>(END) Dow Jones Newswires</p>
<div class="lb-trans"><p>（完）道琼斯新闻通讯</p>
</div><p>02-02-26 1222ET</p>
<div class="lb-trans"><p>02-02-26 1222ET</p>
</div>

Tesla's stock falls as bleak new sales figures signal more pain for beleaguered EV business

- 特斯拉在欧洲市场新车注册量大幅下降。  
- 2025 年特斯拉在欧盟及相关国家的销量下降近 29%。  
- 持续的销售疲软加剧公司股价下跌，分析师对此表示担忧。

特斯拉股价下跌，新的销售数据表明其陷入困境的电动汽车业务将面临更多挑战