Tesla Europe sales tumble 17% in January as China's BYD soars [Yahoo! Finance Canada]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance Canada
According to the European Automobile Manufacturers' Association (ACEA), Tesla electric vehicle registrations (a proxy for sales) in Europe fell to just 8,075 units in January, a 17% drop compared to a year ago. Meanwhile, total EV registrations in the region, which includes the UK and the European Free Trade Association, rose 13.9% in January, while overall registrations regardless of powertrain were down 3.5%. January marked the 13th straight month of sales declines for Tesla. It follows a brutal year for the EV maker on the continent, with Tesla sales tumbling 27% in 2025. Meanwhile, Tesla's Chinese competitor BYD, which sells a mix of pure EVs and hybrids, reported sales in Europe jumped 165% to 18,242 units. Tesla, Inc. (TSLA) BYD's sales in Europe have soared every month since ACEA began including the company in its data last summer, per the Wall Street Journal While EV sales have slumped somewhat in the US, cheap EVs and hybrids are flourishing in the EU, especially f
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- TSLA's page on the SEC website