Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Tesla Faces Sharp Decline in Sales Across Key Markets, With 60% Drop in Germany

Daniel Kim Views  

Shutterstock
Shutterstock

Tesla’s global sales have been on a downward trend since the beginning of this year.

On Saturday, electric vehicle (EV) news outlet InsideEV reported that Tesla has been experiencing a decline in sales worldwide since the start of this year.

The California New Car Dealers Association (CADA) reported that EV sales in California have plateaued at 25.3% due to a significant drop in Tesla’s sales. Last year, the top brands in California’s market share were Toyota, Tesla, Honda, Ford, and Chevrolet, with Tesla’s Model Y leading in sales figures.

However, compared to 2023, Model 3 registrations plummeted by nearly 30,000 units last year. The Model Y performed slightly better but still saw a decrease of over 4,000 units. While the Cybertruck became California’s best-selling electric truck, it only registered 9,019 units.

The outlook is equally bleak in other markets. Last month, Tesla’s sales in Germany plunged 60% amid fierce competition from Volkswagen and BMW. Sales dropped 63% in France and 8% year-over-year in the UK. In China, which accounts for over a third of Tesla’s global sales, the company saw an 11.5% decrease.

InsideEV noted that Tesla once dominated the EV market, but the rise of new competitors and CEO Elon Musk’s political statements have contributed to declining sales. They added that support for Tesla among moderate consumers is waning, directly impacting sales figures.

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Honda’s S7 Electric SUV: A Major Player in the Race for EV Dominance
  • Lamborghini's First EV: A 2,000-Horsepower Beast Built for Speed and Emotion
  • Ford Revives Classic Design with the 2025 Bronco Heritage Edition
  • ID.EVERY1: Volkswagen's $21K Electric Vehicle Aims to Make Green Driving Accessible
  • Toyota’s bZ3X SUV Surges with 10,000 Pre-Orders: A New Era in EVs
  • Telo Trucks' MT1: A 500-HP Compact Pickup That Packs Big Punch in a Small Frame

You May Also Like

  • 1
    CagriSema Fails to Meet Expectations in Late-Stage Obesity Trial, but Still Beats Placebo

    LIFESTYLE 

  • 2
    Xiaomi’s Success vs. Apple’s Failure: What’s the Difference?

    DEBATE 

  • 3
    How to Make the Most of Frozen Bananas for Smoothies, Baking, and More

    LIFESTYLE 

  • 4
    Mole Removal: Laser vs. Surgical Excision – What You Need to Know

    LIFESTYLE 

  • 5
    Can Your Coffee and Supplements Mix? Understanding What Coffee Interferes With

    LIFESTYLE 

Popular Now

  • 1
    From Weight Management to Skincare: Why Cucumbers Are the Ultimate Health Booster

    LIFESTYLE 

  • 2
    Reducing Visceral Fat and Building Muscle May Be Key to Better Lung Health

    LIFESTYLE 

  • 3
    Trump Defends Tesla, Promises Action Against Violent Attacks

    DEBATE 

  • 4
    Ford's Bold Move: Will the Mustang Evolve into a Sedan with the Mach 4 Name?

    DEBATE 

  • 5
    How Apples Can Help You Lose Weight and Stay Healthy

    LIFESTYLE 

Must-Reads

  • 1
    CagriSema Fails to Meet Expectations in Late-Stage Obesity Trial, but Still Beats Placebo

    LIFESTYLE 

  • 2
    Xiaomi’s Success vs. Apple’s Failure: What’s the Difference?

    DEBATE 

  • 3
    How to Make the Most of Frozen Bananas for Smoothies, Baking, and More

    LIFESTYLE 

  • 4
    Mole Removal: Laser vs. Surgical Excision – What You Need to Know

    LIFESTYLE 

  • 5
    Can Your Coffee and Supplements Mix? Understanding What Coffee Interferes With

    LIFESTYLE 

Popular Now

  • 1
    From Weight Management to Skincare: Why Cucumbers Are the Ultimate Health Booster

    LIFESTYLE 

  • 2
    Reducing Visceral Fat and Building Muscle May Be Key to Better Lung Health

    LIFESTYLE 

  • 3
    Trump Defends Tesla, Promises Action Against Violent Attacks

    DEBATE 

  • 4
    Ford's Bold Move: Will the Mustang Evolve into a Sedan with the Mach 4 Name?

    DEBATE 

  • 5
    How Apples Can Help You Lose Weight and Stay Healthy

    LIFESTYLE 

Share it on...