Re: Short news
By: Bj”rn Felten to Joseph Pereira on Sat May 24 2025 00:44:56
Hi Björn,
Joseph Pereira -> All skrev 2025-05-23 13:05:
Tesla's revenue in Europe has literally halved compared to a year ago.
Who told you that? Tesla has been holding production in the Berlin factory for two weeks while they upgraded their factory to the new, refreshed
Model Y, so obviously they couldn't *deliver* as many cars as the comparable time last year, but their revenue is not, and has never been, "halved".
Maybe it's not "revenue" in a strict financial accounting sense, but sales in Europe have dropped significantly since last year.
Here are some links and quotes:
https://www.jato.com/resources/media-and-press-releases/byd-outsells-tesla-in-europe-for-the-first-time-as-registrations-surge-in-april
"Tesla reported another monthly drop in April, with total volumes down 49% year on year."
Carscoops (May 7, 2025): "Tesla's European sales are, to put it lightly, in freefall... In April, the company sold just 885 vehicles in [Germany], down a staggering 45.9% compared to the same month last year. So far this year, Tesla has sold 5,820 vehicles in Germany, marking a 60.4% drop from 2024." It also notes a 62% drop in the UK.
Politico.eu (March 3, 2025), citing ACEA data: "The company's sales in Europe declined 50 percent in January year-over-year."
ArenaEV (May 3, 2025): "Across five key European markets that provide daily car registration updates, Tesla's sales are down approximately 50% so far compared to the start of the second quarter of 2024." It also notes that Tesla's Q1 2025 European sales plummeted by 37%.
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