VW has overtaken Tesla as Europe's top EV seller
a year ago
- #Tesla
- #EV Sales
- #Volkswagen
- Volkswagen surpassed Tesla in European EV sales in Q1 2025, with 65,679 registrations compared to Tesla's 53,237.
- VW's EV registrations surged by 157% year-over-year, while Tesla's dropped by 38%, the largest decline among top brands.
- Despite Tesla's overall decline, the Model Y and Model 3 remained Europe's top two most-registered EVs.
- Battery EVs accounted for 16.9% of all car registrations in March 2025, marking a 2.7 percentage point increase year-over-year.
- Tesla's Q1 2025 earnings showed a 9% revenue drop and a 64% plunge in net income, missing analyst expectations.
- Elon Musk announced plans to focus more on Tesla, leading to a stock rise despite poor financial results.