Volkswagen & BMW Outsell Tesla in Europe – February EV Shakeup!

? Volkswagen & BMW Outsell Tesla in Europe – February EV Shakeup!

Tesla is facing a loyalty test in Europe as Volkswagen and BMW Group overtook its EV sales in February, according to JATO Dynamics.

? Tesla's decline:

• Tesla's EV sales fell 44% year-over-year, dropping to under 16,000 units.

• Its market share hit 9.6%, the lowest February level in five years.

• Factors: Political controversies, increasing EV competition, and Model Y phase-out.

? The new EV leaders:

• Volkswagen: +180% (nearly 20,000 units sold) ?

• BMW & Mini: ~19,000 units

• Chinese brands combined also outsold Tesla, led by:

  • BYD: +94%

  • Polestar: +84%

  • Xpeng & Leapmotor saw growth, while Volvo & MG sales dropped.

Despite total EU car sales declining 3%, EV registrations surged 25%. Is Tesla losing its grip on the European market?