Tesla (NASDAQ:TSLA) appears to have seen a large slump in demand in Germany, based on new data on registrations. Sales plunged 76% year-over-year in February to 1,429 cars, according to the German Federal Motor Transport Authority. For the same month, overall electric vehicle sales rose 31% in Germany.

 

Europe and China Take Step to Resolve Dispute on Electric Vehicles

By Keith Bradsher

Reporting from Beijing

Tesla sales in Germany plummet even as the overall EV market grows

Mar. 05, 2025 7:04 AM ETTesla, Inc. (TSLA) StockBy: Clark Schultz, SA News Editor

For the first two months, Tesla (NASDAQ:TSLA) sales in Germany are down 71% compared to the level seen in 2024. The introduction of the new Model Y has led to lower inventories and customers waiting for the updated version. In addition, analysts believe there is backlash against Tesla (NASDAQ:TSLA) CEO Elon Musk.

Elon Musk has become more controversial in Germany in 2025 due to his open support for the far-right Alternative für Deutschland party and for some of his remarks about Germany's Nazi past. His actions have raised concerns about foreign interference in German politics. Chancellor Olaf Scholz condemned Musk's interference, calling it "really disgusting" and detrimental to democratic development in the European Union.