Tesla's shares have fallen 3.55% this Wednesday at Wall Street after a New sales of sales in May in some of the main markets in Europeso the American manufacturer of electric vehicles still does not lift the head in the old continent, where its turnover has been down since the beginning of the year. According to 'Reuters', the firm has seen strong declines in sales of Italy, Germany and the United Kingdom. In the German market, the fall was 36.2% compared to the figures of the same period of 2024, to 1,210 vehicles, while its Chinese rival Byd saw how their deliveries multiplied by nine in the period. In Italy, Tesla sales have fallen 20% Despite the greater penetration of the electric vehicle in the country, since the registration of this type of cars grew by 40.8% in the same month, a combination of data that represents a hard setback for the company's market share in the country. While, Sales in the United Kingdom chained four months of fallalthough the company expects the arrival to the country of the new version of Model and, scheduled for June of this year, will help to reverse this downward trend. A company spokesman has assured that Tesla has been «comfortably receiving orders from customers» for the new model and, «with an expected increase» in its June sales. These data bind to those known this week over other European markets, which have not been positive. In Sweden, for example, Tesla's new cars deliveries have dropped 53.7% in May compared to the previous yearwhile in Portugal they have retreated 68%. Tesla sales have also fallen 30.5% in Denmark, 36% in the Netherlands and 19% in Spain, while in France they have shown a decrease of 67%. The firm has seen its popularity fall in Europe so far this year as the presence of competition grows, especially through China Byd, who has already surpassed Tesla in the old continent.
Specifically, Byd sales in Europe fired 169% in April, until reaching 7,231 registrationa figure that has allowed him to overcome Tesla for the first time in the old continent, according to Jato Dynamics data.
