Published by Global Banking and Finance Review
Posted on December 4, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking and Finance Review
Posted on December 4, 2025
1 min readLast updated: January 20, 2026
Tesla's UK sales fell 19% in November as competition from Chinese automakers like BYD intensifies. Overall UK car registrations also declined by 6.3%.
Dec 4 (Reuters) - Tesla's UK car sales fell 19% year-on-year in November, preliminary data from research group New AutoMotive showed on Thursday, as the U.S. electric vehicle maker continues to lose ground in Europe to its Chinese rivals.
After halving in October, the automaker's registrations fell to 3,784 cars in November from 4,680 cars a year earlier, while registrations for Chinese automaker BYD more than tripled.
Tesla has been struggling to attract buyers as legacy automakers and Chinese rivals roll out newer, more affordable models, while backlash over CEO Elon Musk's political views adds to its market share erosion.
Overall, total new registrations in Britain fell 6.3% from last year to 146,786 units in November, according to New AutoMotive's preliminary data.
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Leroy Leo)
An electric vehicle (EV) is a type of vehicle that is powered by electricity instead of traditional fuels like gasoline or diesel. EVs use electric motors and batteries to operate, contributing to reduced emissions.
Market share refers to the portion of a market controlled by a particular company or product. It is usually expressed as a percentage of total sales in the market.
Car registrations refer to the official recording of a vehicle with the relevant authorities, which allows it to be legally driven on public roads. This process includes assigning a unique registration number.
A rival in business is a company or entity that competes with another company for market share, customers, or resources. Rivals often offer similar products or services.
Preliminary data refers to initial findings or statistics that are subject to further analysis and confirmation. It provides an early indication of trends or outcomes before final results are available.
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