Tesla registrations in Europe show little recovery in January
Published by Global Banking and Finance Review
Posted on February 2, 2026
2 min readLast updated: February 2, 2026

Published by Global Banking and Finance Review
Posted on February 2, 2026
2 min readLast updated: February 2, 2026

Tesla's European car registrations showed limited growth in January, with increases in Sweden and Denmark but declines in France and Norway.
Feb 2 (Reuters) - Registrations of new Tesla cars in some of its largest European markets showed little signs of recovery in January, one of the lowest-volume months, rising in Sweden and Denmark but falling in France and Norway.
Elon Musk's full-electric brand, whose market in the continent shrank 27% last year, registered 26% more cars in Sweden and 3% more in Denmark in January than in the same month of 2025, with 512 and 458 cars sold respectively, official data showed on Monday.
Its registrations, a proxy for sales, fell 88% to 83 vehicles in Norway, one of the most brand-loyal countries in Europe which has been at the forefront of EV adoption, and by 42% to 661 in France.
Tesla last year unveiled cheaper versions of its Model Y and Model 3 in the United States and Europe, partly to address concerns around an ageing lineup and intensifying competition from brands such as China's BYD.
But despite a pickup in overall battery-electric car sales in Europe, the U.S. brand has struggled to recover market share since its CEO Musk -- who led U.S. President Donald Trump's Department of Government Efficiency (DOGE) -- backed European far-right figures.
(Reporting by Stine Jacobsen, Anna Ringstrom, Terje Solsvik, Camille Raynaud and Alessandro Parodi, editing by Bernadette Baum)
Market share is the percentage of an industry's sales that a particular company controls, indicating its competitiveness and market presence.
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