Overview

• Tesla sold 7,261 vehicles in Europe in April, down 49% year-on-year and marking its fourth consecutive monthly decline, according to ACEA data.
• BYD surpassed Tesla in pure-electric registrations for the first time in Europe, edging ahead by 66 cars in April, JATO Dynamics reports.
• Tesla’s market share in the region shrank to 0.7% from 1.3% a year earlier, and its year-to-date sales are down roughly 39%.
• Elon Musk announced he will step back from his Trump administration advisory role to devote more time to reversing Tesla’s European downturn.
• Overall European battery-electric vehicle sales rose 27.8% in April as Chinese rivals including SAIC and BYD expanded registrations and captured nearly 8% of the market.