Tesla emerged empty handed after Europe's new car market for EVs surged by 37% in January. Its sales plummeted 45% across the EU, Norway, Switzerland and the U.K., leading to its share shriveling to just 6% from 15% just 12 months earlier.

Tesla sales in Europe dropped dramatically in January, a month in which the company’s CEO Elon Musk made repeated interventions in the continent’s politics. Just 9,900 Teslas were sold in Europe in January—a fall of over 45 percent on the same month in 2024,