Tesla Sales Hit 3-Year Low In This European Nation Despite Musk's Claims Of 'No Demand Problem'

Chris Katje

June 02, 2025

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) is continuing to see large declines in deliveries in many territories around the world, with data from Europe looking particularly bad.

What Happened: Items such as tariffs and macroeconomic concerns could hurt Tesla's delivery figures in the U.S. and other parts of the world.

Europe might be the market Tesla is struggling with the most, which comes as other competitors are outperforming it. The Elon Musk-led company also suffered brand damage in 2024 and 2025 due to the CEO's political involvement in several countries’ elections.

A new report shared by Electrek said Tesla's deliveries in France were 721 units in May. This figure was down 67% year-over-year and is the lowest for the country in over three years.

The overall automotive market was down 12% year-over-year for France in May, but companies outside of Tesla saw much better results.

The report on the struggles in France comes as a recent ACEA report said Tesla's European sales were down 49% year-over-year in April.

Read Also: Is Tesla Insurance Losing Money? New Report Says Business Not Sustainable

Why It's Important: Musk insisted that Tesla has "no demand problem" and everything is going fine. Recent delivery reports for regions around the world suggest otherwise and could put second-quarter deliveries in the spotlight.

Tesla placed a portion of its weaker sales blame on the Model Y changeover. May sales for Tesla in France were lower than any month in the first quarter, when the Model Y changeover was happening. With the changeover now complete in some parts of the world, weak second-quarter data shows that this may not have been the reason for weaker demand.

While France represents only one market for Tesla, the May data is bad and could be another negative for second-quarter deliveries and financial results.

TSLA Price Action: Tesla stock closed Monday down 1.09% to $342.69 versus a 52-week trading range of $167.42 to $488.54. Tesla stock is down around 15% year-to-date in 2025.

Read Next:

Tesla The Best Elon Musk Company? 84% Say No -- These 3 Rank Higher

Photo: Shutterstock

Recommended

From Ferrari to Bombardier - This Tiny Company Is Everywhere - Ad

The Tesla Shock Nobody Sees Coming - Ad

Elon's Greatest Invention... Hidden in South Memphis? - Ad

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

After Diddy's conviction, here's where his business ventures stand

LOS ANGELES (AP) — Sean “Diddy” Combs has been in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.

FDA Submission Expected This Summer - Invest Before It Happens

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

How to build a portfolio you don’t have to babysit

If you’re a do-it-yourself investor aiming to build a “no babysitter required” portfolio, here are the key steps to take.

States brace for impact as Trump's big bill nears completion in Congress

JEFFERSON CITY, Mo. (AP) — President Donald Trump’s and reduce federal spending on some social safety net programs could have large implications for states, but for many it’s too late to do much about it this year.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Cash-Rich IonQ To Capture 20% Of Quantum Market By 2035

IonQ shares climb as investors rally behind its bold quantum growth strategy and long-term market potential.

Donald Trump's Approval Rating Jumps Among Baby Boomers — Here's What's Driving It

President Trump's approval rating among Baby Boomers has seen a significant surge, potentially solidifying his political base as we approach the 2026 midterm elections.

Copper's Spiking - And This Junior Has the Grades to Match

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Copper is climbing again - and this time, it looks tariff-proof. A $31M junior just posted nearly 1B lbs of copper equivalent. With insiders and institutions piling in, this could be the next breakout.

Ex-Trump Family Attorney Raises Alarms Over Trump's Actions as President: 'I Have Never Been As Concerned'

Abbe Lowell expressed serious concerns about the potential harm that the current administration could cause to the country's institutions.

Supreme Court OKs fee that subsidizes phone, internet services in schools, libraries and rural areas

WASHINGTON (AP) — on Friday upheld the fee that is added to phone bills to provide billions of dollars a year in in schools, libraries and rural areas.

The Next Big Breakout Isn't a Chip. It's Glass.

The Next Big Breakout Isn't a Chip. It's Glass. - Ad

Smartphones disrupted phones. EVs disrupted autos. Now smart surfaces are disrupting everything - and one overlooked company is at the center of it.

KKR Bets On Sustainable Protein Demand With ProTen Investment In Australia

KKR is acquiring Australian poultry giant ProTen to strengthen its agri-infrastructure portfolio and tap growing demand for sustainable protein.

Asia Markets Mixed, Europe Edges Lower, Dollar Weakens On Rate Cut Bets - Global Markets Today While US Slept

US markets closed higher on Friday with record highs amid trade optimism and Fed rate cuts. Dow up 1%, S&P 500 up 0.54%, Nasdaq up 0.52%.

Gold Just Hit Another Record. This Junior Could Be Next.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Sonnet BioTherapeutics Drops 5% Intraday, Rebounds 14% After Hours Amid Delisting Concerns

Sonnet BioTherapeutics Holdings Inc. (NASDAQ: SONN) fell 5.54% on Thursday to close at $3.92, before rebounding 14.29% in after-hours trading to $4.48, amid concerns of a potential NASDAQ delisting.

Former Librarian of Congress, fired by Trump, vows to improve public information in new Mellon role

NEW YORK (AP) — The by has found a new position with the country's largest philanthropic supporter of the arts.

This Tiny Tech Stock Could Be the Next Big Platform Play

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

One under-the-radar company is embedding intelligence into everyday glass-already powering Ferraris, aircraft, and city buses with adaptive surfaces and vision systems. It's not just a product. It's a platform.

Women can be drafted into the Danish military as Russian aggression and military investment grows

HOVELTE, Denmark (AP) — Peering across a dense stretch of woodland outside of Denmark's capital with camouflage paint smeared across her face, 20-year-old Katrine scans the horizon for approaching threats.

Dalai Lama To Deliver Major Address On 90th Birthday As China Tracks Succession Moves

The 14th Dalai Lama will address a major three-day gathering of Buddhist religious figures this week ahead of his 90th birthday.

Back This Medical AI Tech

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

SoftBank's Masayoshi Son Sets Sights On Artificial Super Intelligence Domination With Bets On OpenAI And Ampere: 'I'm All In'

SoftBank CEO Masayoshi Son aims to position the company as a leading platform provider in the artificial super intelligence sector within the next decade, with major investments in companies like Ampere and OpenAI.

Cathie Wood's Thursday Crypto Moves: Ark Unloads Nearly $25 Million In Coinbase, Block Stocks

On Thursday, Cathie Wood-led Ark Invest made notable trades, including the sale of shares in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ).

From Ferrari to Bombardier - This Tiny Company Is Everywhere

From Ferrari to Bombardier - This Tiny Company Is Everywhere - Ad

A $150M disruptor is transforming glass into real-time displays and vision systems. Already embedded in global OEMs and Tier 1s, it's scaling fast - yet still under Wall Street's radar.

The S&P 500 Sank 10% The Last Time This Warning Flashed

The S&P 500 tops 6,300 before July 4, but overbought RSI levels raise red flags for a potential pullback.

Diddy Jury Deadlocked On Racketeering Conspiracy Charge As Verdicts Reached On Sex Trafficking Counts — Jurors To Return Wednesday

Jurors in Sean "Diddy" Combs' trial reached verdicts on four charges related to sex trafficking but remain deadlocked on the racketeering conspiracy charge, with deliberations set to continue.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Business News Digest

AP Business Digest

FDA vaccine official restricted COVID vaccine approvals against the advice of agency staff

WASHINGTON (AP) — The working under Health Secretary recently of two COVID-19 vaccines, disregarding recommendations from government scientists, according to federal documents released Wednesday.

Elon's Greatest Invention... Hidden in South Memphis?

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

US judge says China's Huawei Technologies must face criminal case for racketeering and other charges

BANGKOK (AP) — A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must face criminal charges in a wide reaching case alleging it stole technology and engaged in racketeering, wire and bank fraud and other crimes.

Trump Brokers Peace Deal Between DR Congo And Rwanda — Now Eyes Billions In US Investment

Trump brokers a peace deal between DR Congo and Rwanda, aiming to end conflict and unlock U.S. investment in critical African minerals.

FDA Submission Expected This Summer - Invest Before It Happens

FDA Submission Expected This Summer - Invest Before It Happens - Ad

Amazon Hits 1 Million Robots, Should Human Workers Be Worried?: Company Says 'Creating New Career Opportunities'

If Amazon has one million robot workers, should human workers be worried? Not yet, the company says.

ExxonMobil and partner Qatar Energy find new natural gas deposit off Cyprus

NICOSIA, Cyprus (AP) — A consortium made up of ExxonMobil and partner Qatar Energy International has made a second natural gas discovery beneath the seabed south of , the government said Monday, a find that bolsters the region’s potential as an energy exporter.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Nvidia B300 Chips Order Touted By Nayib Bukele's Bitcoin Office — Why Does El Salvador Want These Powerful AI Processors?

El Salvador, under the presidency of Nayib Bukele, placed an order for Nvidia Corp.'s (NASDAQ:NVDA) B300 chips, a powerful artificial intelligence processor that is not yet available to most of the world.

Trump Says Israel Ready For 60 Day Ceasefire In Gaza, Hopes Hamas Takes The Deal Because It Won't 'Get Better'

Trump proposed 60-day ceasefire in Gaza, which Israel has agreed to. Qatar and Egypt will deliver the proposal to Hamas. Trump meets Netanyahu next week.

Copper's Spiking - And This Junior Has the Grades to Match

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Netflix's Squid Game Finale Takes Over Seoul With Massive Parade, Star-Studded Fan Event

Netflix celebrated the finale of Squid Game with a parade and fan event in Seoul, featuring characters and emotional reflections from cast.

Trending Now

Trump's 'Big, Beautiful Bill' Offers Seniors A $6,000 'Bonus' Tax Deduction: Here's How You Qualify For The Benefit

Warren Buffett Skips Big Banks Like JPMorgan and Wells Fargo, Bets $459 Million On This One Asset

The Next Big Breakout Isn't a Chip. It's Glass. - Ad

Greenland has a message for the rest of the world: Come visit

Shaquille O'Neal Wants $50 Million From Lakers Following $10 Billion Sale

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

After Trump Warns Elon Musk To 'Close Up Shop,' China Rallies Behind World's Richest Man: 'There's No Need To Keep Putting Up With It'

'Tesla Has The Robot And The Customer': Dave Mazza's HUMN ETF Makes A Calculated Bet On Optimus

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

Iran’s president orders country to suspend cooperation with UN nuclear watchdog IAEA

Lawmakers Investigate Whether Pfizer Delayed COVID-19 Vaccine Results For Political Reasons

Back This Medical AI Tech - Ad

Elon Musk's America Party: Polymarket Users Bet On Andrew Yang, Mark Cuban Joining New Political Front

Ford recalls more than 200,000 vehicles over malfunctioning rearview camera

From Ferrari to Bombardier - This Tiny Company Is Everywhere - Ad

Autonomous Vehicles Hit Their 'ChatGPT Moment' — Best Stocks To Watch Now

Asia Markets Mixed, Europe Gains, Dollar Hit by Fed Concerns And Cooling Inflation - Global Markets Today While US Slept

The Tesla Shock Nobody Sees Coming - Ad

Dogecoin Shoots Up Over 6% As Elon Musk Launches America Party, Large Transactions Spike

Trump Says Jerome Powell Should 'Resign Immediately' After FHFA Director Alleges Fed Chair Lied About $2.5 Billion Renovation Plan

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Robinhood, Apple, Oracle, Plug Power And Tesla: Why These 5 Stocks Are On Investors' Radars Today

North Koreans swim and play at a beach resort touted as a boost for tourism

FDA Submission Expected This Summer - Invest Before It Happens - Ad

Trump accuses Brazilian authorities of 'witch hunt' against ex-President Jair Bolsonaro

Boeing Wins $2.8 Billion US Space Force Contract To Build Nuclear-Resilient Satellites For Strategic Communications

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

China retaliates against EU with a ban on European medical devices

Sam Altman's Endorsement Skyrockets Crib Sales, Cradlewise CEO Reveals

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Asian shares are mixed, tracking Wall Street split as momentum slows and Tesla drops

OPEC+ to boost oil production by 548,000 barrels per day in August

The Next Big Breakout Isn't a Chip. It's Glass. - Ad

Joe Rogan Once Said He Started Doubting The Apollo Missions After COVID-19, Compared Post-Flight Press Conference To A 'Hostage Video'

Scott Bessent On Replacing Powell As Fed Chair: 'I Will Do What The President Wants' — Plays Down Shadow Chair Speculations

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

Business News Digest

House Republicans race toward a final vote on Trump's tax bill, daring critics to oppose

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

Donald Trump Drops Hint About Potential TikTok Buyer, But Keeps Details Close To His Chest

Elon Musk Says X Will Charge Advertisers By Screen Size To Curb 'Giant Ads' That Hurt User Experience

Back This Medical AI Tech - Ad

Elizabeth Warren Says GOP Chose Trump Over American People, Slams 'Big Beautiful Bill' For Potentially Ushering Health Care Cuts, Price Hikes

California energy regulator recommends pause on plan to penalize excess oil profits

From Ferrari to Bombardier - This Tiny Company Is Everywhere - Ad

Trump branded, browbeat and prevailed. But his big bill may come at a political cost

Trump Accepts King Charles' Invite For Rare Second State Visit To UK—Amid Political Backlash

The Tesla Shock Nobody Sees Coming - Ad

With sanctions lifted, Syria looks to solar power as more than a patchwork fix to its energy crisis

Capgemini Doubles Down On Agentic AI With $3.3 Billion WNS Acquisition

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.