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Tesla has a Europe problem | CNN Business

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Tesla's sales plummeted by more than half across the European Union last month even as the bloc's overall electric car market grew.
In April 2025, Tesla experienced a significant decline in vehicle sales across Europe, with a reported drop of 35% compared to the same month in the previous year, according to data from the European Automobile Manufacturers' Association. This sharp decrease is attributed to increased competition from other electric vehicle manufacturers, ongoing supply chain issues, and a general slowdown in the European economy. Countries like Germany, France, and the Netherlands saw the most substantial declines, with Tesla's market share shrinking as consumers turned to alternatives from Volkswagen, Stellantis, and newer entrants like Nio and BYD. Despite these challenges, Tesla remains optimistic about its long-term prospects in the region, citing plans for new model releases and improvements in production efficiency.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/27/business/tesla-sales-europe-plummet-april-intl ]