STORY: Tesla’s sales rose in several European markets in September.It comes as analysts say the EV maker risks losing ground as competition intensifies and its aging lineup remains unchanged.While sales grew in France and Denmark in September for the first month this year, and continued their growth in Norway and Spain…Tesla’s new car registrations fell in Sweden and the Netherlands for the ninth straight month.The company has not released a new mass-market model since the Model Y in 2020.But it’s argued that its revamped Model Y, released in June, would lead a recovery in European sales for 2026.Tesla’s competitive problems have been compounded by a backlash by some consumers against its CEO Elon Musk…who helped bankroll Donald Trump’s U.S. presidential election victory last year and has championed European far-right parties.For January-August, Tesla’s sales were down almost 43% year-on-year in the EU.During the same period, industry-wide EV sales in the EU rose 24.8%.
