Zürcher Nachrichten - Tesla sales tumble in Europe in the first quarter

EUR -
AED 4.081604
AFN 79.563642
ALL 99.812145
AMD 434.84896
ANG 1.989345
AOA 1013.447867
ARS 1193.383186
AUD 1.744564
AWG 2.003004
AZN 1.890005
BAM 1.966501
BBD 2.243423
BDT 135.004588
BGN 1.958869
BHD 0.418844
BIF 3301.942553
BMD 1.111237
BND 1.484658
BOB 7.677951
BRL 6.22326
BSD 1.111106
BTN 94.848677
BWP 15.3769
BYN 3.636101
BYR 21780.242308
BZD 2.231863
CAD 1.559882
CDF 3190.361307
CHF 0.950999
CLF 0.027527
CLP 1056.44229
CNY 8.07658
CNH 8.091666
COP 4604.554359
CRC 559.82541
CUC 1.111237
CUP 29.447777
CVE 110.871305
CZK 25.010637
DJF 197.875381
DKK 7.461944
DOP 70.170787
DZD 147.60784
EGP 56.210775
ERN 16.668553
ETB 146.27175
FJD 2.586792
FKP 0.85645
GBP 0.844662
GEL 3.066512
GGP 0.85645
GHS 17.222949
GIP 0.85645
GMD 80.206966
GNF 9613.066565
GTQ 8.555771
GYD 233.136742
HKD 8.641418
HNL 28.44534
HRK 7.536075
HTG 144.440847
HUF 408.670727
IDR 18576.176581
ILS 4.116005
IMP 0.85645
INR 94.958525
IQD 1453.289909
IRR 46783.26768
ISK 147.134182
JEP 0.85645
JMD 173.141401
JOD 0.787902
JPY 161.59107
KES 143.60963
KGS 96.332741
KHR 4444.695067
KMF 503.003747
KPW 1000.173219
KRW 1624.972291
KWD 0.342621
KYD 0.924089
KZT 558.781461
LAK 24078.816851
LBP 99526.686795
LKR 327.274549
LRD 222.238875
LSL 20.849966
LTL 3.281194
LVL 0.672176
LYD 5.367498
MAD 10.655682
MDL 19.85994
MGA 5126.081933
MKD 63.207503
MMK 2332.990606
MNT 3882.0596
MOP 8.908036
MRU 44.233281
MUR 50.85395
MVR 17.159667
MWK 1926.928267
MXN 22.139739
MYR 4.949173
MZN 70.995904
NAD 20.849966
NGN 1705.914714
NIO 40.889655
NOK 11.429291
NPR 152.004858
NZD 1.903422
OMR 0.427798
PAB 1.111237
PEN 4.082878
PGK 4.540479
PHP 63.438506
PKR 311.277822
PLN 4.262878
PYG 8858.497684
QAR 4.045257
RON 5.089707
RSD 119.812316
RUB 93.613392
RWF 1578.542655
SAR 4.167114
SBD 9.44502
SCR 16.073363
SDG 666.707488
SEK 10.767296
SGD 1.4913
SHP 0.873258
SLE 25.369982
SLL 23302.082381
SOS 633.960021
SRD 40.69424
STD 23000.359268
SVC 9.723545
SYP 14449.081086
SZL 20.849966
THB 37.903158
TJS 12.119875
TMT 3.886702
TND 3.437646
TOP 2.676533
TRY 42.175555
TTD 7.514151
TWD 36.807417
TZS 2940.966644
UAH 45.92151
UGX 4051.406185
USD 1.111237
UYU 46.943979
UZS 14380.794818
VES 77.573106
VND 28524.127159
VUV 137.314864
WST 3.147948
XAF 670.671663
XAG 0.034304
XAU 0.000356
XCD 3.008443
XDR 0.836646
XOF 670.671663
XPF 119.331742
YER 273.259356
ZAR 20.840027
ZMK 10002.46437
ZMW 31.152221
ZWL 357.817813
  • RBGPF

    -0.2800

    67.72

    -0.41%

  • RIO

    -0.9600

    58.94

    -1.63%

  • NGG

    3.5110

    69.291

    +5.07%

  • CMSC

    -0.1800

    22.32

    -0.81%

  • RELX

    0.5900

    51.57

    +1.14%

  • AZN

    2.4500

    74.67

    +3.28%

  • BTI

    1.5650

    41.815

    +3.74%

  • RYCEF

    0.0200

    9.8

    +0.2%

  • SCS

    -0.6450

    10.815

    -5.96%

  • BP

    -2.4900

    31.32

    -7.95%

  • VOD

    0.2490

    9.369

    +2.66%

  • BCC

    -6.0150

    96.055

    -6.26%

  • CMSD

    -0.1980

    22.632

    -0.87%

  • JRI

    -0.2000

    12.84

    -1.56%

  • BCE

    0.3260

    22.146

    +1.47%

  • GSK

    1.1250

    38.765

    +2.9%

Tesla sales tumble in Europe in the first quarter
Tesla sales tumble in Europe in the first quarter / Photo: Odd ANDERSEN - AFP/File

Tesla sales tumble in Europe in the first quarter

Tesla sales kept falling in March in many European markets as it suffered from a double blow of boycotts against the policies of its founder Elon Musk and an ageing model line-up.

Text size:

Sales of Tesla's electric cars in France fell 36.8 percent in March from a year ago amid a slight drop in the overall electric car market, according to figures released Tuesday by the Automotive Platform (PFA), which represents the country's manufacturers and suppliers.

In Sweden, Tesla sales declined 63.9 percent in March and 55.2 percent in the first three months of the year, according to Mobility Sweden.

The Tesla Model Y SUV, the country's top-selling car in the first quarter of 2024, is now behind two Volvos, the luxury Volkswagen ID.7, and a Subaru.

In Denmark, Tesla sales fell 56 percent in the first quarter, according to Mobility Denmark.

Germany, Britain and Italy will announce their March figures in the coming days.

Already in the first two months of the year, Tesla's sales in the European Union were almost cut in half, with the company now holding just a 1.1 percent market share.

At the same time, vandalism against charging stations and the brand's dealerships has increased, while several protests were held on Saturday outside retail locations in North America and Europe to contest Musk's close cooperation with US President Donald Trump.

Stephanie Valdez Streaty of Cox Automotive said that it was "undeniable that Elon Musk is an influential factor whose actions affect the brand's image and sales".

Environmental group Mighty Earth summed up the buyers' dilemma in a statement Tuesday: while Tesla's electric cars are positive from an climate point of view, Musk's actions as head of the government efficiency commission are "sabotaging climate action, kicking environmental cops off the job, and gutting the ability of the U.S. government to stop oil, coal, and meat companies from pouring pollution into the air and water".

Besides politics, Tesla's model offerings are ageing and face a slew of new competitors from Europe and above all Asia.

D.Graf--NZN