Headlines
Tesla's German car sales continue their decline in February
Published by Global Banking & Finance Review®
Posted on March 5, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 5, 2025
1 min readLast updated: January 25, 2026
Tesla's sales in Germany fell by 76% in February, despite a 30.8% rise in electric vehicle sales. Political factors may be influencing Tesla's European market performance.
FRANKFURT (Reuters) - Tesla saw its sales volume in Germany decline by more than three quarters in February, according to the German road traffic agency KBA, even though sales of electric vehicles picked up overall.
According to the KBA's website, 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.
KBA does not provide reasons for the sales developments.
Earlier this week, data showed that Tesla, whose CEO Elon is an advisor to U.S. President Donald Trump, also suffered major sales declines in Scandinavia and France in February from a year ago.
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.
(Reporting by Christoph Steitz; Editing by Ludwig Burger)
The article discusses Tesla's significant sales decline in Germany during February 2023.
The article suggests political affiliations and market dynamics as potential factors.
Overall, electric vehicle sales in Germany increased by 30.8%.
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