Tesla Sales Drop 36% in Spain Amid Growing EV Competition

Tesla's new car sales in Spain dropped 36% year-over-year in April and fell 17% in the first four months of 2025, even as overall sales of electric and hybrid vehicles surged by 54% in the country. This trend mirrors broader declines across key European markets, where Tesla experienced double-digit sales drops, such as 81% in Sweden and 59% in France, despite a 28% increase in overall battery electric vehicle registrations across the continent. Rising competition from Chinese brands like BYD and MG, which saw significant sales growth, has contributed to Tesla's shrinking market share. Additionally, CEO Elon Musk's political affiliations and statements have fueled protests and vandalism against Tesla in several European countries. While Norway and Italy showed modest gains in Tesla sales, these were exceptions to a region-wide slump. In response to weakening demand, Tesla has begun offering discounts and is seeking new markets, including efforts in Saudi Arabia and India.