Market context
Follow the story. See which markets it affects. Explore the context.
Tesla faces declining EV sales and market share losses globally, with Chinese rival BYD set to surpass it as the largest EV seller amid intensifying competition and shifting subsidy landscapes.
Tesla priced the new standard Model Y SUV at about $41,714 in Norway, reflecting a strategic move in the European electric vehicle market.
Tesla's Spain registrations rose 3.4% in September to 2,992 units; year-to-date sales up 9.5% while overall electrified vehicle registrations surged 98%, per ANFAC data.
Tesla's EU registrations plunged 36.6% in August as BYD's sales surged, cutting Tesla's market share to 1.2%; overall EU car sales rose, led by BEV and PHEV growth that benefited Chinese brands and s…
Tesla's European sales plunged 40.2% in July, cutting its market share to 0.8% as BYD surged 225%. EU EV registrations rose sharply, aided by German incentives amid broader industry competition and r…