Tesla Faces Steep Sales Contraction Across Key European Markets

Feb 3, 2026 (18 hr ago)

Negative

Tesla Faces Steep Sales Contraction Across Key European Markets

Tesla experienced severe drops in European EV sales last month, significantly underperforming the growing regional market.

Sharp Contraction in Core European EV Sales

Tesla's sales volume in France plummeted 42% last month, reaching only 661 cars, the lowest figure in over three years1
Registrations in the Norwegian market experienced an even more dramatic contraction, dropping nearly 90% over the same reporting period1
Despite these localized issues, Tesla's overall sales across the entire European region fell by 27% last year1

Competitive Pressure Intensifies in France

Tesla's reduced volume allowed several competitors to surpass its sales figures in the French market during January1
Specifically, Volkswagen AG's Cupra and Stellantis NV's Jeep brands sold more vehicles than Tesla in France last month1

Underperformance Against Regional Market Growth

This significant sales decline occurred while the broader European battery-electric vehicle (BEV) segment demonstrated robust expansion1
Industrywide BEV registrations across Europe jumped by 30% during the same period, highlighting Tesla's specific operational challenges1

B
What's Going On With Tesla Stock? - Tesla (NASDAQ:TSLA) - Benzinga
Benzinga

Download Our App

Stay up-to-date with the market and manage your portfolio on the go

Tesla Faces Steep Sales Contraction Across Key European Markets | Foxly Invest