Tesla's European sales declined for the 13th consecutive month in January 2026, with new registrations falling 17% year-on-year to 8,075 vehicles. The company's market share across the EU, UK, Switzerland, Norway, and Iceland dropped to 0.8% from 1% a year earlier, reflecting ongoing challenges in the region.
January Sales Data
- New car registrations: 8,075 in January 2026.
- Year-on-year decrease: 17%.
- Consecutive months of decline: 13.
Market Share Overview
- Market share in key European markets (EU, UK, Switzerland, Norway, Iceland): 0.8% in January 2026, down from 1% in January 2025.
Expert Insights
Rico Luman, senior sector economist for transport and logistics at ING, highlighted several factors:
- Deteriorating brand image in Europe over the past year.
- Increased competition from affordable electric vehicles, including models from BYD, MG, and ZEEKR.
- Lack of new model introductions by Tesla.
- Tesla's strategic focus on autonomous driving technology over expanding its mass-market vehicle lineup.
Used Car Market Pressure
- A surge in remarketed first-generation Teslas (after 4-6 year leases) has increased used vehicle supply.
- This influx has driven down second-hand Tesla prices, intensifying competition for new sales.
