The downward trend in Tesla sales continues. Across Europe, the company is losing significant market share in countries where demand for EVs is actually increasing. The Federal Motor Transport Authority announced Wednesday that new vehicle registrations for Tesla dropped 39% last month in Germany and 56% during the first eight months of the year. The automaker led by Elon Musk also recorded sharp sales declines in August in France, Belgium, Denmark, and Sweden.
Read: Tesla: $29 billion in shares for Elon Musk to remain with the company
The only exception appears to be Norway, according to Bloomberg, with registrations increasing 21% last month and 26% since the beginning of the year.
Tesla: Facing one of its heaviest legal defeats
In Germany, battery electric vehicle registrations increased 46% across the entire sector in August, despite Tesla’s struggles. Across Europe, electric vehicles grew 26% in the first seven months of the year, even as Tesla’s sales dropped 40%.
Recently, Tesla faced one of its heaviest legal defeats to date, as a Florida jury imposed $243 million in damages for a fatal 2019 accident involving a Model S equipped with Autopilot.
The decision came after Elon Musk’s company had rejected a $60 million settlement proposal, a move that, as it turned out, cost them several times more. Tesla, which denies any responsibility, has already announced its intention to appeal.
