Tesla’s (TSLA) gross sales crash continues in Europe, with extra nations reporting February numbers, together with Germany, down 70%.
World gross sales of the automaker have been down year-over-year for the primary time in a decade final 12 months, and if issues proceed, it will likely be even worse in 2025.
The injury is particularly important in Europe. We have now been monitoring gross sales, and final month, Tesla’s deliveries have been down roughly 50% in comparison with final 12 months.
Earlier this week, we reported on the primary few European markets reporting February gross sales, and once more, Tesla deliveries have been down considerably in France, Norway, Denmark, and Sweden.
Now, numbers are coming from extra markets, together with Germany, the place Tesla is having a really robust time.
In line with native registration information, Tesla delivered only one,429 new automobiles in February in Germany – down 76% in comparison with the greater than 6,000 automobiles it delivered in February 2024.
Tesla is now down 70% in deliveries this 12 months in Germany, which was its largest European market:
| International locations | Feb-25 | Feb-24 | Jan-25 | Jan-24 | YoY change |
| Germany | 1,429 | 6,038 | 1,277 | 3,150 | -70.6% |
| UK | 3,851 | 3,192 | 1,293 | 1,581 | +7.7% |
| France | 2,395 | 3,244 | 1,141 | 3,118 | -44.4% |
| Netherlands | 983 | 1,287 | 926 | 1,610 | -34.1% |
| Norway | 917 | 1,777 | 663 | 1,109 | -45.3% |
| Spain | 909 | 1,020 | 269 | 1,094 | -44.4% |
| Sweden | 613 | 1,064 | 394 | 730 | -43.9% |
| Denmark | 509 | 1,086 | 451 | 763 | -48.1% |
| Portugal | 547 | 1,155 | 380 | 551 | -45.0% |
| Whole | 12,153 | 19,863 | 6,794 | 13,706 | -43.5% |
The Netherlands and Portugal have additionally now reported their numbers for February. The previous is down once more, however much less so than in January, whereas Tesla deliveries have slowed even additional in Portugal – down to simply 547 deliveries in February.
Tesla has additionally regained some floor in Spain in comparison with the primary month of the 12 months, however it’s nonetheless down 44% year-to-date versus 2024.
The one silver lining for Tesla in Europe is the UK, the place after being down 18% in January, it recovered in February and is now up 7% 12 months over 12 months.
Tesla followers and traders are holding on to the concept that gross sales are principally down due to the Mannequin Y changeover that’s taking place this quarter. Nevertheless, the information recommend in any other case.
For instance, in Germany, Mannequin 3 gross sales are down 40% to this point this 12 months, regardless of Tesla’s being in the midst of a Mannequin 3 changeover round this time final 12 months.
The scenario is even worse in France, the place Mannequin 3 gross sales are down 60%.
Due to this fact, it’s clear that Tesla’s drawback in Europe is far more necessary than individuals ready for the brand new Mannequin Y.
FTC: We use earnings incomes auto affiliate hyperlinks. Extra.
