Tesla's European Sales Plummet — Except in This Nation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2025
0mins
Source: Business Insider
Tesla's Success in Norway: Tesla is thriving in Norway, where electric vehicles accounted for 97% of new car sales in August, leading to a 22% year-over-year sales increase for the company in the country.
Challenges in Europe: Despite success in Norway, Tesla's overall sales in Europe have dropped significantly, with a 40% decline year-over-year in July, facing stiff competition from Chinese automakers like BYD, which have gained market share with affordable electric models.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
