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Elon Musk promised a “major rebound” in Tesla sales. But angry Europeans still aren’t buying his cars

The Europeans are still not buying slopes with numbers on Wednesday, as it showed that sales had decreased for the fifth consecutive month in May, a blow to investors who were hoping that anger would fade towards Elon Musk.

Tesla sales decreased by 28 % last month in 30 European countries, even with the expansion of the total market for electric cars, according to the European auto manufacturers Association. The poor offer comes after the CEO of Tesla billionaire promised that it was a “great recovery” that will come last month, adding to the madness of the last purchase between investors.

They were selling on Wednesday, prompting prices to a decrease in more than 4 % in trading early in the afternoon.

Musk said that Tesla was sure to get a batch once the company made to re -equip its factories to produce a new version of its largest seller, and the Y. But this was completed months ago, and the new models are widely available. Investors now hope that Tesla will help cheaper, which is expected to come out later in the year in contrast to the decrease in sales.

In general, sales of the battery electric vehicles increased by 25 % in Europe compared to the previous year. The EVS market was particularly strong in Germany, as Musk angered potential buyers by supporting the right -wing extremist alternative to immigrants in the German party. Total EV sales there jump 45 %.

The Chinese Saic Motor was the great winner of this month through its European sales of EVS and other types of cars jumping 38 %. This allowed the company to jump Tesla, which a year ago was selling more cars in the area.

SAIC 18,716 car sold last month compared to 8,729 Tesla.

The decrease in sales of Tesla comes in a decisive time for the company as it launches a “Robotaxis” driver service in Austin, Texas. Musk says that if things go well, he is expected to provide service in many other cities in a quick sequence and have up to one million automatic taxis on the road by the end of the year.

The reviews have so far been good, but the service is limited to dozens of cars or so, and some travelers have circulated videos of problems while they were riding, including one showing a roboty heading heading down the traffic opposition lane.

Federal traffic safety organizers said on Tuesday that they were looking at videos.

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2025-06-25 20:49:00

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