Tesla's European Sales Plunge 62% in April Amid Production Halts

Generated by AI AgentWord on the Street
Tuesday, May 6, 2025 1:01 pm ET1min read

Tesla's sales in Europe have significantly declined in April, despite the launch of the upgraded Model Y. The company registered only 512 new cars in the UK, a 62% decrease compared to the same period last year. The decline was even more pronounced in Denmark, the Netherlands, and Sweden, with sales dropping by as much as two-thirds.

Despite the commencement of deliveries for the redesigned Model Y SUV, Tesla's sales in eight out of the top ten European electric vehicle markets continued to plummet. The production line adjustments at global assembly plants, including those in Germany, resulted in a loss of several weeks of production at the beginning of the year, leading to the company's worst quarterly sales since 2022.

This downward trend persisted into April, indicating that while

has optimized its product line, the untimely actions of its CEO, Elon Musk, and his involvement with the U.S. government are negatively impacting sales. Musk has been serving as a senior advisor to the U.S. government, which has initiated global trade wars and is reassessing its role in alliances such as NATO.

Since the return of Donald Trump to the White House, Musk has made headlines with significant organizational cuts, leading to legal disputes. However, the government's efficiency department has not fully delivered on its promises, and Tesla has become an unintended casualty.

Following the sharp decline in April sales, Tesla's total sales for the first four months of the year decreased by 1%.

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