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Tesla sales almost halved in Europe last month
Elon Musk's automaker fell to a 1% market share in Europe in January, down from 1.8% in the same month last year and behind Chinese rival SAIC.
Elon Musk has waded into European politics in recent months, backing far right-wing German party AfD. That decline put it behind China's SAIC Motor, whose sales grew 37% to nearly 17,000 vehicles in January under brands including MG. Overall sales of battery electric vehicles jumped 34% to 124,341 in Europe last month, giving the category a 15% market share, up from 10.9% in January 2024.
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