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 had been down year-over-year for the primary time in a decade final 12 months, and if issues proceed, will probably be even worse in 2025.
The injury is very vital in Europe. Now we have been monitoring gross sales, and final month, Tesla’s deliveries had 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 had 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 accordance with native registration information, Tesla delivered just one,429 new vehicles 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 greatest European market:
Nations | 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% |
Complete | 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 buyers are holding on to the concept gross sales are principally down due to the Mannequin Y changeover that’s taking place this quarter. Nonetheless, the info recommend in any other case.
For instance, in Germany, Mannequin 3 gross sales are down 40% to date this 12 months, regardless of Tesla’s being in the course of a Mannequin 3 changeover round this time final 12 months.
The state of affairs is even worse in France, the place Mannequin 3 gross sales are down 60%.
Subsequently, it’s clear that Tesla’s downside in Europe is far more vital than folks ready for the brand new Mannequin Y.