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    Home > Finance > Tesla registrations in Europe show little recovery in January
    Finance

    Tesla registrations in Europe show little recovery in January

    Published by Global Banking and Finance Review

    Posted on February 2, 2026

    2 min read

    Last updated: February 2, 2026

    The image shows the aftermath of an Israeli airstrike in Gaza that claimed the lives of Al Jazeera journalists, including Anas Al Sharif. This tragic event highlights the ongoing conflict and its impact on press freedom.
    Scene depicting the aftermath of an Israeli airstrike that killed Al Jazeera journalists in Gaza - Global Banking & Finance Review
    Tags:innovationsustainabilityfinancial markets

    Quick Summary

    Tesla's European car registrations showed limited growth in January, with increases in Sweden and Denmark but declines in France and Norway.

    Table of Contents

    • Tesla's Performance in European Markets
    • Growth in Sweden and Denmark
    • Decline in Norway and France
    • Impact of New Model Releases

    Tesla's European Car Registrations Show Limited Growth in January

    Tesla's Performance in European Markets

    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.

    Growth in Sweden and Denmark

    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.

    Decline in Norway and France

    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.

    Impact of New Model Releases

    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)

    Key Takeaways

    • •Tesla's registrations increased in Sweden and Denmark.
    • •Significant decline in registrations in Norway and France.
    • •Overall market share recovery remains challenging for Tesla.
    • •New model releases have not significantly boosted sales.
    • •Tesla faces competition from brands like China's BYD.

    Frequently Asked Questions about Tesla registrations in Europe show little recovery in January

    1What is market share?

    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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