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Tesla January registrations down 44% y/y in Sweden

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Norway registrations down 38% y/y

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Survey shows opinion of Tesla hurt by Musk

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Both countries saw rise in overall auto registrations

OSLO, Feb 3 (Reuters) - Tesla lost market share

in Sweden and Norway in January, car registration data showed on

Monday as the U.S. electric vehicle maker faces a test of

popularity following billionaire CEO Elon Musk's high-profile

foray into politics.

A total of 405 new Teslas were registered in Sweden last

month, down 44% from January of 2024, while registrations in

Norway fell to 689, a decline of 38% over the same period,

despite soaring overall demand for cars in the two countries.

While Tesla's Model Y crossover SUV was the most sold car in

both of the two Nordic countries in 2024, the group's image has

taken a hit in recent weeks, a market sentiment survey by

Sweden's Novus Group found according to Swedish news agency TT.

In addition to his strong backing for U.S. President Donald

Trump, Musk has also voiced polarising opinions on politics in

Europe and beyond, drawing criticism from European capitals,

including Norway's prime minister.

Musk, who also runs the X social media platform, has

dismissed criticism against him as an affront to democracy and

free speech.

Tesla did not immediately respond to a request for comment

on Monday.

The share of Swedes having a positive view of Tesla declined

to 11% in a Novus survey conducted after Trump's inauguration

from 19% in a similar poll conducted Jan. 15-17, while those who

said they had a negative view rose to 63% from 47%, TT reported.

Tesla's decline came despite soaring overall auto sales in

the two countries, with Swedish car registrations increasing by

14% year-on-year in January while the Norwegian market grew by

82%, boosted by rising economic optimism.

Tesla's share of the overall Swedish car market declined by

half to 2.1% in the month of January from 4.2% a year prior,

while in Norway it fell to 7.4% from 21.7% over the same period.

The registration volume of individual auto brands can,

however, change significantly from month to month dependent on

production cycles, product offerings and competition.