Fri May 30 20:20:00 UTC 2025: ## Tesla Sales Plummet in Europe as Musk Pledges Full-Time Return
**Tesla’s European sales are facing a sharp downturn, even as CEO Elon Musk vows to dedicate himself fully to his companies, including Tesla, SpaceX, and X.**
New data from the European Automobile Manufacturers Association (ACEA) reveals a staggering 49% drop in Tesla EV registrations in Europe for April compared to the same period last year, totaling just 14,228 vehicles. This decline comes amid a broader trend of EV market growth in the region, with overall EV registrations climbing 34.1% in April. Tesla’s slump marks its fourth consecutive month of falling sales in Europe, while competitors like Volkswagen, BMW, and China’s BYD are experiencing gains.
The disappointing figures include sales of the newly refreshed Model Y, Tesla’s bestselling vehicle, which was expected to receive a boost from its updated features. This signals potential weakness in demand for Tesla’s offerings within the European market.
The sales slump follows Tesla’s reported first-quarter sales decline, which was the worst quarter for deliveries since the second quarter of 2022.
Meanwhile, Elon Musk has reiterated his commitment to returning to a full-time role at his companies. “Back to spending 24/7 at work and sleeping in conference/server/factory rooms,” Musk stated on X following an outage. He emphasized the importance of focusing on X/xAI and Tesla, along with the upcoming Starship launch, citing critical technologies being rolled out.
Tesla is currently preparing for robotaxi trials in Austin, slated to begin at the end of July, and has plans to launch a dedicated robotaxi – the Cybercab – by 2026. The company is also expected to unveil a more affordable EV model in the first half of the year.
While investors initially reacted positively to Musk’s renewed dedication, some analysts remain skeptical that his return alone will solve Tesla’s challenges. Gary Black, Managing Partner at Future Fund, stated that Musk’s presence “won’t likely change TSLA’s declining delivery trajectory.” He also expressed concerns about the upcoming affordable model potentially lacking innovation and failing to expand Tesla’s total addressable market.
Tesla shares closed up nearly 7% yesterday, boosted by President Trump’s easing of tariff threats against the European Union, but the long-term impact of the company’s European struggles and product strategy remains to be seen.
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