# EVs Sales Down in EU **URL:** \ **Category:** Macro Economic Trends and Risks\ **Created:** [February 5, 2025, 10:48pm UTC](https://discussion.fool.com/t/evs-sales-down-in-eu/113122 "2025-02-05T22:48:30Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![tjscott0](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/tjscott0/32/1083_2.png) [@tjscott0](https://discussion.fool.com/u/tjscott0)\ **Post date:** [February 5, 2025, 10:48pm UTC](https://discussion.fool.com/t/evs-sales-down-in-eu/113122/1 "2025-02-05T22:48:30Z")
[https://www.reuters.com/business/autos-transportation/eu-car-sales-3-year-low-august-ev-sales-down-439-acea-says-2024-09-19/](https://www.reuters.com/business/autos-transportation/eu-car-sales-3-year-low-august-ev-sales-down-439-acea-says-2024-09-19/) _EU car sales at 3-year low in August, EV sales plunge 44%_ > **[Electric Vehicle Sales Review Q3-2024](https://www.strategyand.pwc.com/de/en/industries/automotive/electric-vehicle-sales-review-2024-q3.html)** > > Strategy& and PwC Autofacts® have analyzed electric vehicle sales worldwide in the third quarter of 2024. **France, Germany, Italy, Spain, and UK** _BEV sales in the top five markets decreased by 5% in Q4 2024 in comparison with the equivalent period in 2023._ > **[Teslas turn toxic as sales crash in Europe and the UK](https://arstechnica.com/cars/2025/02/tesla-sales-plummet-in-the-uk-france-and-germany/)** > > EV sales in the region are growing, but not for Tesla. _[In France](https://www.bloomberg.com/news/articles/2025-02-03/tesla-sales-plunge-63-in-france-the-eu-s-second-biggest-ev-market), sales of new Teslas fell by 63 percent, while total car sales in the country fell by just 6 percent, with EV sales dropping just half a percent._ _Germany was already looking like lost ground for Tesla—its 41 percent drop in 2024 accounted for most of Tesla’s lost sales across Europe. That must make the 59 percent drop in German Tesla sales recorded during January even more painful on the profit and loss statements._ ---
**Author:** ![DrBob2](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/drbob2/32/3456_2.png) [@DrBob2](https://discussion.fool.com/u/DrBob2)\ **Post date:** [February 5, 2025, 11:15pm UTC](https://discussion.fool.com/t/evs-sales-down-in-eu/113122/2 "2025-02-05T23:15:33Z")
> [@tjscott0](#): > > BEV sales in the top five markets decreased by 5% in Q4 2024 in comparison with the equivalent period in 2023. Part of this is the reduction in subsidies, but are there other things going on? DB2 ---
**Author:** ![Goofyhoofy](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/goofyhoofy/32/4721_2.png) [@Goofyhoofy](https://discussion.fool.com/u/Goofyhoofy)\ **Post date:** [February 6, 2025, 5:00am UTC](https://discussion.fool.com/t/evs-sales-down-in-eu/113122/3 "2025-02-06T05:00:49Z")
> [@DrBob2](#): > > Part of this is the reduction in subsidies, but are there other things going on? Yes. I believe it rhymes with “tusk”. ---
**Author:** ![Hawkwin](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_green600.png) [@Hawkwin](https://discussion.fool.com/u/Hawkwin)\ **Post date:** [February 6, 2025, 1:47pm UTC](https://discussion.fool.com/t/evs-sales-down-in-eu/113122/4 "2025-02-06T13:47:55Z")
> [@Goofyhoofy](#): > > I believe it rhymes with “tusk”. In related news (saw this yesterday but had not seen it shared here yet): > **[Demands for Tesla boycott emerge in Europe amid Musk's controversial comments](https://www.cbtnews.com/demands-for-tesla-boycott-emerge-in-europe-amid-musks-controversial-comments/)** > > Elon Musk's controversial hand gestures at Trump's inauguration and speech at a German AfD rally sparked calls for a Tesla boycott in Europe. ---
**Author:** ![MarkR](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/markr/32/2011_2.png) [@MarkR](https://discussion.fool.com/u/MarkR)\ **Post date:** [February 6, 2025, 2:42pm UTC](https://discussion.fool.com/t/evs-sales-down-in-eu/113122/5 "2025-02-06T14:42:48Z")
> [@DrBob2](#): > > Part of this is the reduction in subsidies, but are there other things going on? Well, based on recent numbers, parts of Europe are in, or nearly in, recession. That certainly can’t help sales of high priced items like cars. But Tesla sales are down MORE than other EV sales. Of course, with China entering European EV markets, that may continue.