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Tesla continues to slide in the EU.
October sales are down 48.5 percent across Europe compared to 2024, according to data released by the European Automobile Manufacturers’ Association on Tuesday. For the year, Tesla’s sales are down about 30 percent in the region, while industrywide EV sales jumped 26 percent. While the company’s car business struggled, Elon Musk was focused on robots and winning shareholder approval for his newly minted $1 trillion pay package.
New car registrations: +1.4% in October 2025 year-to-date; battery-electric 16.4% market share
[ACEA - European Automobile Manufacturers' Association]
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