Tesla stock drops 6% on Europe sales slump

Tesla’s stock decreased by approximately 6% on Mar. 26, 2025 due to reports of declining sales in Europe and concerns about upcoming US auto tariffs.

The European Automobile Manufacturers’ Association (ACEA) reported a 40% year-over-year drop in Tesla’s new vehicle registrations for February. Meanwhile, overall battery EV sales in Europe rose by 26%.

On the same day, the White House announced that President Donald Trump would reveal new tariffs on auto imports.

The president had previously indicated that such tariffs were likely, which could affect foreign automakers.

Recent Tesla developments

Timeline
25-Mar-2025 📉 Tesla’s market share drops in Europe Tesla’s Europe sales fell 42.6% in February 2025. Market share dropped to 1.8% from 2.8% year-on-year.
25-Mar-2025 🚗 Tesla to launch full self-driving feature in China Tesla launches smart driving in China. Full Self-Driving rollout delayed, now approved.
24-Mar-2025 🚗 Tesla halts FSD rollout in China amid stricter regulations Tesla halts FSD rollout in China for approval. New rules require separate approvals for updates.
19-Mar-2025 🚗 Tesla secures key approval to run robotaxi service in California Tesla gets California permit for employee transport Full robotaxi service still needs additional approvals
15-Mar-2025 🚗 Tesla to launch more affordable Model Y in China by 2026 Tesla to produce affordable Model Y in China by 2026. Production costs to drop 20% vs. updated Model Y.

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Recent Tesla developments

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