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Tesla's EU vehicle sales dropped 37% YoY in August, with BYD surpassing it for the second consecutive month.
Tesla's European vehicle registrations dropped 37% year over year in August, with BYD overtaking Tesla in the EU for the second straight month, raising concerns ahead of the company's Q3 deliveries report.
Despite maintaining a lead in broader Europe, Tesla's overall registrations fell 22% year over year, following a 13% decline in Q2.
CEO Elon Musk warned of a challenging near-term outlook, with Q3 deliveries expected to range between 430,000 and 455,000—slightly below last year’s Q3 total—due to persistent regional headwinds, particularly in Europe, despite signs of stabilization in China and the U.S.
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Las ventas de vehículos de Tesla en la UE cayeron un 37% interanual en agosto, y BYD las superó por segundo mes consecutivo.