Tesla continued to decrease in Europe in February: 70 %decline in Germany draws attention

The decline in Tesla's European sales continued in February. The company's sales decreased by 43.5 %compared to the same month last year. This attracts attention as the reflection of the decline in Tesla's global sales to Europe. Tesla's sales in the European market were limited to 12,153 vehicles.
 
 
Great decline in Germany
Especially in Germany, Tesla's sales received a big blow. The company, which delivered more than 6,000 vehicles in Germany in February last year, was able to deliver only 1,429 vehicles this year. This means a 70 %decrease. This serious decrease in Tesla's sales in Germany stands out as one of the biggest obstacles in the European market.
 
Increase in the United Kingdom
However, Tesla's only increase in Europe was the United Kingdom. Tesla delivered 3,851 vehicles here in February and provided a 7.7 %increase compared to the same period last year. This shows that the company has a stable performance in the United Kingdom, while the company faces difficulties in several markets.
 
Model Y's Effect
One of the reasons for the decline in Tesla's sales is the fall of demand for the Old Model Y. With the new model Y's on sale in Europe in January, there was a decrease in interest in the old model. However, the sales of the new model Y is expected to recover in the coming months.
 
Elon Musk's ENGLISH EFFECT
Another negative impact of Tesla's European sales is Elon Musk's statements on European politics and its support to far -right parties. This seems to have caused the brand to be negatively perceived by some consumers in Europe. In addition, sales of Model 3 decreases by 40 %in Germany and 60 %in France.
 
 
 
Source: Cumha - Cumhur News Agency