Musk company
Minus 45 percent: Tesla’s descent on EU car market stops
New quarterly figures show that for the US car maker Tesla it will continue to go downhill in Europe in 2025. The number of admission drops dramatically.
For the US car maker Tesla, the EU car market continues to go downhill. In the first quarter of 2025, according to the European manufacturer Association ACEA, admission figures decreased by 45 percent compared to the same period last year.
This continues the negative trend for the company of US billionaire Elon Musk, but a little slower than at the beginning of the year. Between January and February, admission figures decreased by 49 percent compared to the same period last year.
The Volkswagen Group had a slight plus of almost five percent. The BMW group hardly moved with an increase of 0.4 percent and Mercedes-Benz had to accept a decline of 6.2 percent.
Overall, the number of admission for new cars in the EU decreased by 1.9 percent in the first quarter, but pure electric cars have an increase of 23.9 percent. You have a market share of 15.2 percent.
dpa
Source: Stern
