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Tesla sold just 600 vehicles per day in Europe during First Quarter of 2025
Business Today Sri Lanka
|June 2025
Although Tesla's (NASDAQ: TSLA) stock price has rallied after the report, the electric vehicle (EV) maker's actual Q1 2025 performance tells a different story.
Finbold research found that Elon Musk's car company suffered especially dire year-over-year (YoY) losses in Europe, where it sold just 54,020 vehicles between January and March.
The sales, which average only 600 per day, were 37.2 percent lower than in Q1 2024, when 86,027 - 945 per day - were registered, according to data Finbold retrieved from Tesla and the European Automobile Manufacturers Association (ACEA).
Why the Q1 Tesla sales crash was easy to foresee
As dire as the results in Europe have proven, they are hardly unexpected.
Throughout the first quarter, multiple reports emerged showing that Tesla sales in various countries in the region have been declining.
This story is from the June 2025 edition of Business Today Sri Lanka.
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