New Tesla sales in Spain, Portugal fall in May, while other EV sales soar
Published by Global Banking & Finance Review®
Posted on June 2, 2025
2 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 2, 2025
2 min readLast updated: January 23, 2026
Tesla's sales in Spain and Portugal dropped in May, while other EV brands saw significant growth. Increased competition and political factors may be influencing Tesla's market position.
MADRID (Reuters) -Tesla's new car sales in Spain and Portugal fell in May from the same month in 2024, registration data released by industry groups in both countries showed on Monday, while sales of electric cars from other brands soared.
The U.S. EV maker sold 794 cars in Spain and 292 cars in Portugal in May, year-on-year drops of 29% and 68%, respectively.
Over the first five months of 2025, sales of Tesla cars in Spain fell 19% from the same period of 2024. Total sales of electrified vehicles, a category that includes both fully electric vehicles and hybrids, were up 72%, ANFAC said.
New Tesla sales in the first five months of the year fell 36% in Portugal, the country's automobile industry association ACAP said.
Sales of Tesla cars have continued to fall in Europe as CEO Elon Musk's embrace of far-right parties puts off buyers, adding to pressure from a limited range of models and increased competition from European and Chinese brands.
Musk left U.S. President Donald Trump's administration last week. He has said he will resume working '24/7' at his companies.
In Spain, sales of Chinese automakers BYD, MG and Omoda were up 745%, 87% and 213%, respectively, so far this year, ANFAC's report showed.
(Reporting by Javi West Larrañaga and Joao Vicente Mauricio; Editing by Inti Landauro, Kirsten Donovan)
Tesla sold 794 cars in Spain in May, marking a year-on-year drop of 29%.
In Portugal, Tesla sales fell by 68%, with only 292 cars sold in May.
The decline in Tesla sales is attributed to CEO Elon Musk's political affiliations, a limited range of models, and increased competition from other electric vehicle manufacturers.
Sales of Chinese automakers BYD, MG, and Omoda surged in Spain, with increases of 745%, 87%, and 213%, respectively.
Over the first five months of 2025, Tesla sales in Spain fell by 19%, while in Portugal, the decline was 36%.
Explore more articles in the Finance category
