Finance
Spain's sales of new Tesla cars rise in March, fall in first quarter
Published by Global Banking & Finance Review®
Posted on April 1, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 1, 2025
1 min readLast updated: January 24, 2026
Tesla's new car sales in Spain rose 34% in March, but Q1 sales fell 12%. Tesla faces competition in Europe and political challenges.
MADRID (Reuters) - Tesla's new car sales rose 34% in March from the same month in 2024 to 1.983, registration data released by industry group ANFAC showed on Tuesday, though the company's sales during the whole quarter fell 12%.
The March increase has partly offset sales declines in the previous two months, ANFAC data showed.
Over the first three months, sales of electrified vehicles, a category that includes both EVs and hybrids, were up 47% from the same period a year ago.
Tesla faces challenges in Europe with its smaller, ageing lineup, while traditional automaker rivals and Chinese newcomers alike continue to launch new, often cheaper electric models.
Tesla CEO Elon Musk has also stirred controversy by courting far-right parties in Europe, which has added to Tesla's sales slump.
(Reporting by Javi West Larrañaga; Editing by Inti Landauro)
The article discusses Tesla's car sales performance in Spain, highlighting a rise in March sales but a decline over the first quarter.
Tesla's Q1 sales decline is attributed to increased competition from traditional and Chinese automakers and potential political controversies.
Sales of electrified vehicles, including EVs and hybrids, rose 47% in the first quarter compared to the previous year.
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