New figures at e-car manufacturers
Tesla sales are clearly collapsing worldwide
Updated on 02.04.2025 – 3:31 p.m.Reading time: 2 min.
Tesla was able to stop significantly fewer vehicles in the first quarter of 2025. The sales figures sank noticeably compared to the previous year’s period.
Tesla claimed to deliver 336,681 vehicles in the first quarter of 2025. The value is significantly below that of the previous year, when the company was able to sell 386,810 vehicles. The bottom line is a minus of 13 percent. Accordingly, 362,615 units were produced, in contrast to 433,371 units in the first quarter of 2024 – a good 16 percent less than a year earlier. According to the “Financial Times”, it is the weakest quarter since 2022.
The numbers were significantly worse than expected from analysts. The Tesla share fell by more than four percent in a first reaction in pre-exchangeable US trade.
In the important Chinese market, sales had dropped to almost 79,000 vehicles in March alone compared to the same month last year. In the first quarter, Tesla sold a fifth less of his cars produced in China with almost 173,000 units, some of which are exported to Europe. However, the new version of the bestseller Model Y, which has been available in China since February, has recently increased significantly, with one and a half times as many deliveries in March as in the previous month. Tesla had paused the production of Model Y for several weeks to switch production to the renewed generation. It could still take two quarters for this effect to be digested, Bryn Talkington from Requisite Capital Management estimates.
It looks similar in Europe: After official data from Tuesday, the brand in France, its second largest European market, suffered a decline of almost 37 percent to 3,157 electric cars sold. In Sweden, Tesla recorded a minus of 64 percent in 911 deliveries. Tesla also found almost two thirds of fewer buyers in Denmark and the Netherlands. With around 2,200 electric cars, Norway was only one percent below the same month last year.
While in Europe the strange of customers about the political commitment of company boss Elon Musk alongside US President Donald Trump is a brake block for Tesla, it should be the strong domestic competition with many new models in China. China’s largest electric car maker BYD increased sales in March by 23 percent to around 371,000 cars, with plug-in hybrids also counted in addition to pure electric cars. Counterpoint research analysts predict that BYD will overtake Tesla as the world’s leading e-car builder this year.
