Tesla faced a serious downturn of sales in one of the key European markets. In May 2025, the company sold only 721 car in France - 67% less than in the same period last year. About it reports Bloomberg .
This result was the worst since July 2022, despite the launch of the updated version of the most popular company model - Model Y.
Against the background of this news, Tesla fell 2.3% before the start of the main trading session on Monday. In total, since the beginning of the year, the company has fallen by 14%.
Despite the fall, the founder of the company Ilon Musk does not consider the situation critical. He stated that Tesla "has already returned to the right path" and does not require a crisis plan. According to him, the decline in sales is recorded in most car manufacturers in the European market.
However, the data indicate another: Volkswagen, Renault and BMW, on the contrary, demonstrate the increase in deliveries in the region for the first four months of 2025.
France is the second in volume of the EU electric vehicle market, so falling by 47% in Tesla's total sales since the beginning of the year is concerned about investors and analysts.
