Slumping

While EV sales in Europe are still trending upward, that doesn't seem to apply to every manufacturer.

In the United Kingdom, registrations are down 7.78% over January of 2024. That’s not that bad and can be attributed to an old lineup of products. But in Germany, where they know a thing or two about Nazis, registrations are down 59.5%. In France, it’s 63.4% down.

In the words of Elon Musk, “Let that sink in.”

In Spain, Tesla might as well be dead with a 75.4% drop in new Tesla registrations in January. Overall, across the continent, new registrations are down 50.4%.

I've said it before: Tesla's challenge was to learn how to make a car company faster than established car companies could learn how to make Teslas.