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Tesla’s UK Sales Slump Contrasts With European Mixed Performance

Tesla’s UK Sales Slump Contrasts With European Mixed Performance

Author:

Global Cryptocurrency

Published:

2026-03-05 15:58:02

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BTCCSquare news:

Tesla's UK registrations plummeted 37% year-over-year in February to 2,422 vehicles, starkly underperforming a 7.2% overall market growth—the sector's strongest February since 2004. The automaker disputes monthly figures, citing delivery timing distortions and claiming record Q1 orders.

Europe presents a fragmented recovery: France, Norway, and Spain show demand resilience while the Netherlands and Denmark contract. The EU's January registrations fell 17% YoY, compounding pressure on Tesla's regional strategy.

BYD's 40.9% UK sales surge to 968 EVs highlights intensifying competition. Wall Street maintains a $399.25 average price target on TSLA, with BofA cautiously endorsing its autonomous tech leadership despite robotaxi delays.

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