{"id":383070,"date":"2025-08-29T18:07:09","date_gmt":"2025-08-29T18:07:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/383070\/"},"modified":"2025-08-29T18:07:09","modified_gmt":"2025-08-29T18:07:09","slug":"europeans-keep-punishing-elon-musk-as-tesla-sales-plunge-40-in-eu-in-july","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/383070\/","title":{"rendered":"Europeans keep punishing Elon Musk as Tesla sales plunge 40% in EU in July"},"content":{"rendered":"

Europeans angry at Elon Musk still aren\u2019t buying his cars months after the billionaire predicted a\u00a0\u201cmajor rebound\u201d<\/a>\u00a0in Tesla<\/a> sales, data released Thursday shows.<\/p>\n

Tesla sales plunged 40% in July in the 27 European Union countries compared with the year earlier even as sales overall of electric vehicle soared, according to the European Automobile Manufacturers\u2019 Association. Meanwhile sales of Chinese rival BYD<\/a> continued to climb fast, grabbing 1.1% market share of all car sales in the month versus Tesla\u2019s 0.7%.<\/p>\n

Tesla stock fell 1.5% in afternoon trading Thursday.<\/p>\n

Musk\u00a0angered many Europeans<\/a>\u00a0by wading into politics there, embracing far-right candidates, calling a British prime minister an\u00a0\u201cevil tyrant\u201d<\/a>\u00a0who belongs in prison and telling\u00a0Germans \u201cthings will get very, very much worse\u201d<\/a>\u00a0in their country if they didn\u2019t vote for the anti-immigrant Alternative for Germany party. Protests broke out in several cities, including a hanging of the billionaire in effigy in Milan and posters in London likening him to a Nazi.<\/p>\n

The company has several other problems that have hurt sales.<\/p>\n

The company is still awaiting European regulatory approval to allow Tesla owners there to use its most advanced driver-assistance features available in the U.S., a big appeal to buyers. Musk had predicted approval of its so-called Full-Self Driving software was going to happen by March of this year.<\/p>\n

Another hit came from Tesla\u2019s decision to close down factories temporarily earlier this year to retool for a new version of its best selling Model Y sport utility vehicle<\/p>\n

The company is hoping the introduction of cheaper Teslas in the last three months of this year will boost sales.<\/p>\n

Overall, the company sold 6,600 cars in July in the EU versus 11,465 a year ago. The plunge came despite a 39% surge in battery electric vehicle sales overall.<\/p>\n

For the first seven months of the year,\u00a0Tesla sales<\/a>\u00a0have fallen 44%. For that entire period, as opposed to just July, Tesla accounted for 1.2% of European sales of all types \u2014- battery, hybrid and gas powered \u2014- versus 0.9% for BYD.<\/p>\n

Introducing the 2025 Fortune Global 500<\/strong>, the definitive ranking of the biggest companies in the world. Explore this year’s list.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Europeans angry at Elon Musk still aren\u2019t buying his cars months after the billionaire predicted a\u00a0\u201cmajor rebound\u201d\u00a0in Tesla…\n","protected":false},"author":2,"featured_media":383071,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[9896,1305,2000,299,5187,1699,298],"class_list":{"0":"post-383070","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-autos","9":"tag-electric-vehicles","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-union","14":"tag-tesla"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/383070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=383070"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/383070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/383071"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=383070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=383070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=383070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}