The Wall Street Journal

Tesla Misses Out on European EV Market Growth as Sales Halved Last Month

BYD sold more electric vehicles in Europe than Tesla for the first time in April

Tesla’s European headquarters in Amsterdam. New-car registrations for Tesla models fell nearly 53% across the EU last month.
Tesla’s European headquarters in Amsterdam. New-car registrations for Tesla models fell nearly 53% across the EU last month. Photo: ramon van flymen/Agence France-Presse/Getty Images

Tesla’s sales in the European Union slumped for a fourth consecutive month as Elon Musk’s electric-vehicle maker struggles to cash in on a growing EV market in the bloc where Chinese rivals are expanding.

New-car registrations for Tesla models, a reflection of sales, plunged nearly 53% to 5,475 vehicles across the EU last month, according to the European Automobile Manufacturers’ Association, an industry body also known as ACEA. When including the U.K., Iceland, Liechtenstein, Norway and Switzerland, sales fell 49% to 7,261 vehicles.

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