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Tesla May registrations jump in several European markets as recovery continues

By Thomson Reuters Jun 1, 2026 | 12:43 PM

By Amir Orusov and Mathias de Rozario

June 1 (Reuters) – New registrations of Tesla cars rose across several European markets in May, continuing a recovery in the U.S. electric vehicle maker’s European sales.

Tesla registrations, a ​proxy for sales, increased year over year by 655% to ‌5,446 vehicles in France and 29% in Norway, to 3,345 vehicles, figures from Norwegian compiler OFV and French car body PFA showed on Monday.

Growth came also from smaller markets with a 136% rise from last year to 1,750 vehicles in Denmark, 113% to 1,690 ‌vehicles in ​Spain, 349% to 1,463 vehicles in Portugal and ⁠71% to 858 vehicles in ⁠Sweden, data from bilstatistik.dk, ANFAC, ACAP and Mobility Sweden showed.

Tesla’s sales in Italy fell by 23.5% from last year to 654 vehicles but rose more than 15% in the first five months of the year ​from 2025.

Registrations of electrified vehicles in Europe rose about 21% in April from the prior year, making up more than two-thirds of total registrations, ⁠driven by policy support, subsidies and higher fuel ⁠costs pushing buyers toward lower-emission cars, data from European ​auto lobby ACEA showed.

While Tesla’s market share erodes, its sales are being boosted ​by significant overall growth of the battery electric car market, particularly ‌driven by accelerating adoption in Scandinavia and a catch-up effect in lagging markets like Spain, said Rico Luman, senior economist at ING Research.

The Tesla data confirms an increasingly aggressive stance in the core EV market, supported by its ⁠pricing strategy and superior manufacturing capabilities, TP ICAP Midcap analyst Julien Thomas said.

“The Model Y, in particular, is capturing significant demand in the SUV segment, offering a ⁠good balance between price ‌and range, at a time when price elasticity remains ⁠high,” he added.

Britain and Germany, Europe’s largest car markets, ​are set ‌to report monthly registrations later in the week.

Tesla, the ​world’s most ⁠valuable automaker by market capitalisation, lost almost half of its European market share in 2025 due to a combination of growing competition, especially from Chinese brands, its lack of new models and a reaction to CEO Elon Musk’s political stance.

(Reporting by Amir Orusov and Mathias de Rozario in Gdansk; editing by Milla ​Nissi-Prussak and Cynthia Osterman)