Tesla’s European sales suffered a significant drop in February, with sales declining by 26% year-over-year. This slump extends the company’s sluggish electric vehicle (EV) performance in the region. According to data from Plateforme Automobile, Tesla registered just 2,395 vehicles in France during this period.
In contrast, Chinese EV makers such as Li Auto and XPeng posted strong delivery figures in February, while BYD and Nio also experienced growth. However, Tesla’s sharp decline highlights its ongoing challenges in the European market.
Several factors contribute to Tesla’s struggles, including a redesign of its best-selling Model Y that has paused manufacturing, limiting supply and weighing on sales. The company’s Cybertruck, which was initially unveiled in 2019, remains delayed, further complicating its launch plans.
Furthermore, CEO Elon Musk’s growing involvement in global politics has raised concerns among investors and car buyers alike. As a key adviser to U.S. President Donald Trump, Musk has become increasingly outspoken on European politics, sparking debate and protests at Tesla stores. This backlash is evident in the company’s stock price, which has dropped over 25% year-to-date.
Analysts remain cautious about Tesla’s growth prospects, with many assigning a Hold consensus rating to the stock. The average price target suggests a potential upside of 20%, but investors are watching closely for Musk’s response to these challenges and any signs of improvement in production and new model development.
Source: https://www.tipranks.com/news/teslas-february-sales-plunge-26-in-france-as-2025-struggles-continue