Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Tesla sales in Germany slump in February, in line with European markets
    Finance

    Tesla Sales in Germany Slump in February, in Line With European Markets

    Published by Global Banking & Finance Review®

    Posted on March 5, 2025

    2 min read

    Last updated: January 25, 2026

    Add as preferred source on Google
    Tesla sales in Germany slump in February, in line with European markets - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationAutomotive industryfinancial marketsconsumer perceptioneconomic growth

    Quick Summary

    Tesla's February sales in Germany fell 76%, mirroring a broader European decline. Despite this, overall EV sales in Germany rose by 30.8%.

    Tesla's February Sales Plummet in Germany, Reflecting European Trends

    By Alessandro Parodi

    (Reuters) - Tesla car sales in Germany fell by 76% in February, data showed on Wednesday, adding to the collapse in sales of Elon Musk's EV brand across Europe in what could be a loyalty test for the close ally of U.S. President Donald Trump.

    Tesla sales were down 24% in the Netherlands, 42% in Sweden, 48% in both Norway and Denmark, 45% in France, 55% in Italy, 10% in Spain and 53% in Portugal, official data showed this week.

    Outside Europe, Australia reported a 66% drop in Tesla registrations in the month, while the brand's worldwide sales of cars produced in China were down 49% due to intense pressure from Chinese rivals.

    Britain bucked the trend, reporting a 21% jump in Tesla sales last month but that lagged a 42% overall rise in battery electric vehicles sales.

    According to Germany's road traffic agency, Tesla sold 1,429 cars in Germany, a decline of 76%, an even bigger decline than the 60% drop in January. Overall, sales of electric vehicles rose 30.8% to 35,949 in Germany.

    Musk's support of far-right parties in Europe, including for Germany's AfD that came second in last month's national elections, appears to have hurt Tesla's sales on the continent, which were down 45% in January from a year earlier.

    Industry data showed new car sales in Britain fell 1% in February, despite growing demand for EVs which now account for one in four new cars sold.

    Chinese automakers extended gains in the UK, with newcomer Chery selling 1,244 cars, more than BYD's 1,177.

    (Reporting by DhanushVignesh Babu and Anandita Mehrotra in Bengaluru, Alessandro Parodi in Gdansk; Additional reporting by Christoph Steitz in Frankfurt and Toby Sterling in Amsterdam; Editing by Shilpi Majumdar, Janane Venkatraman, Nick Carey, Louise Heavens and Christina Fincher)

    Key Takeaways

    • •Tesla sales in Germany dropped by 76% in February.
    • •Overall European Tesla sales saw significant declines.
    • •EV sales in Germany rose by 30.8% despite Tesla's drop.
    • •Tesla's political affiliations may impact European sales.
    • •UK Tesla sales increased, contrasting with European trends.

    Frequently Asked Questions about Tesla sales in Germany slump in February, in line with European markets

    1What was the percentage drop in Tesla sales in Germany for February?

    Tesla car sales in Germany fell by 76% in February, marking a significant decline.

    2How did Tesla's sales in other European countries compare?

    Tesla sales were down 24% in the Netherlands, 42% in Sweden, and 48% in both Norway and Denmark.

    3What external factors may have influenced Tesla's sales decline?

    Musk's support of far-right parties in Europe, including Germany's AfD, appears to have negatively impacted Tesla's sales on the continent.

    4How did the sales of electric vehicles in Germany change overall?

    Despite Tesla's decline, overall sales of electric vehicles in Germany rose by 30.8%.

    5What was the sales performance of Tesla in the UK?

    In contrast to the decline in Europe, Tesla sales in the UK increased by 21% in February.

    More from Finance

    Explore more articles in the Finance category

    Image for US oil prices rise as investors assess Middle East de-escalation
    US Oil Prices Rise as Investors Assess Middle East De-Escalation
    Image for UK authorises military to board Russian shadow fleet tankers
    UK Authorises Military to Board Russian Shadow Fleet Tankers
    Image for Trading Day: Giving peace a chance
    Trading Day: Giving Peace a Chance
    Image for Nexi appoints Bernardo Mingrone as CEO
    Nexi Appoints Bernardo Mingrone as CEO
    Image for UN adopts Ghana's slavery resolution, defying resistance from US, Europe
    UN Adopts Ghana's Slavery Resolution, Defying Resistance From Us, Europe
    Image for Saab presses on with Peru fighter campaign despite political headwinds
    Saab Presses on With Peru Fighter Campaign Despite Political Headwinds
    Image for Italy's MPS board revokes CEO Lovaglio's powers
    Italy's Mps Board Revokes CEO Lovaglio's Powers
    Image for KKR-backed OHB taps banks for share sale, Bloomberg News reports
    KKR-backed Ohb Taps Banks for Share Sale, Bloomberg News Reports
    Image for Shares of Western gas exporters reap war windfall as Qatar flows dry up
    Shares of Western Gas Exporters Reap War Windfall as Qatar Flows Dry Up
    Image for Exclusive-US links security guarantees to Ukraine giving up Donbas, Zelenskiy says
    Exclusive-US Links Security Guarantees to Ukraine Giving up Donbas, Zelenskiy Says
    Image for Thyssenkrupp, Jindal steel sale talks falter on pension, energy costs, sources say
    Thyssenkrupp, Jindal Steel Sale Talks Falter on Pension, Energy Costs, Sources Say
    Image for M&S targets faster fashion cycle with launch of monthly capsules
    M&s Targets Faster Fashion Cycle With Launch of Monthly Capsules
    View All Finance Posts
    Previous Finance PostAnalysis-Italy Looks to Foreigners as Retail Bond Market Loses Steam
    Next Finance PostAnalysis-Europe's Airlines Pivot to Bite Size M&A Deals to Limit Cost, Regulatory Burden