financetom
Business
financetom
/
Business
/
Tesla's German car sales more than halve in October as wider EV sales jump
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla's German car sales more than halve in October as wider EV sales jump
Nov 5, 2025 4:47 AM

(Reuters) -Tesla's sales volume in Germany more than halved in October from the same month last year, the German road traffic agency KBA said on Wednesday, although sales of battery electric vehicles rose overall.

KBA said Tesla sold 750 cars in Germany in October, down by 53.5% from a year earlier. The number of Teslas sold in the January-October period dropped 50.4% to 15,595 units, compared with the same period last year.

By contrast, the total number of newly registered electric vehicles increased by 47.7% in October to 52,425 units, KBA added.

Tesla saw October sales plunge in a number of European countries including Spain, the Netherlands and Nordic markets in the latest sign that the U.S. electric vehicle maker's struggles on the continent continue.

The German agency also said sales volume of Chinese electric vehicle manufacturer BYD surged more than nine-fold year on year in October to 3,353 units, reaching 15,171 units since the beginning of the year.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nintendo says Switch 2 will be released in 2025
Nintendo says Switch 2 will be released in 2025
Jan 16, 2025
TOKYO (Reuters) -Japanese gaming company Nintendo will launch the Switch 2 console, successor to its hit Switch device, this year, it said on Thursday. The Kyoto-based company did not release pricing for the new device and said it would provide more details at a Nintendo Direct event on April 2. The company has said that existing Switch software will be...
US FDA declines to approve Atara Biotherapeutics' cancer therapy
US FDA declines to approve Atara Biotherapeutics' cancer therapy
Jan 16, 2025
Jan 16 (Reuters) - The U.S. Food and Drug Administration on Thursday declined to approve Atara Biotherapeutics' ( ATRA ) cancer therapy, chemically called tabelecleucel. The company was seeking approval for the therapy to treat patients with Epstein-Barr virus positive post-transplant lymphoproliferative disease (EBV+ PTLD). ...
Market Chatter: Carlyle Mulls Sale of Calastone
Market Chatter: Carlyle Mulls Sale of Calastone
Jan 16, 2025
08:32 AM EST, 01/16/2025 (MT Newswires) -- Carlyle Group ( CG ) is working with Barclays ( JJCTF ) to explore a sale of Calastone, a London-based funds network and data business, Reuters reported Thursday, citing four people familiar with the matter. While the process is in the early stages, Carlyle is anticipated to hold an auction before the summer,...
Standard Lithium Shares Rise 9% in U.S. Pre-Market as Joint Venture Close US$225 Million Grant
Standard Lithium Shares Rise 9% in U.S. Pre-Market as Joint Venture Close US$225 Million Grant
Jan 16, 2025
08:40 AM EST, 01/16/2025 (MT Newswires) -- Standard Lithium ( SLI ) jumped 8.9% at last look Thursday in NYSE American pre-market trading as its SWA Lithium joint venture with Equinor closed a US$225 million grant from the U.S. Energy Department's Office of Manufacturing & Energy Supply Chains. Standard Lithium ( SLI ) said the funds will be used to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved