Overview

• Tesla’s new car registrations in Europe fell 49% year-on-year in April to about 7,261 vehicles, marking a fourth consecutive monthly decline.
• Overall battery-electric vehicle registrations rose roughly 28% in April, according to data from the European Automobile Manufacturers’ Association.
• Chinese automaker BYD sold slightly more fully electric vehicles than Tesla in April, becoming the continent’s leading EV seller per JATO Dynamics.
• Tesla’s share of new car registrations in Europe fell to around 0.7% in April from 1.3% a year earlier, with consumer protests over CEO Elon Musk’s political activities undermining demand.
• Factory shutdowns for Model Y upgrades and an ageing vehicle range have compounded Tesla’s challenges as competition from Chinese and traditional automakers intensifies.