Tesla Faces a 50% Sales Decline in Portugal: What's Behind the Drop?

Tesla's Sales Plummet in Portugal

Between January and February, Tesla experienced a 50% drop in sales in Portugal. The company sold 1,306 units during this period, a stark contrast to the 1,704 vehicles sold in the same timeframe of 2024. This means 398 fewer vehicles were sold this year compared to last year, according to NM.

Factors Contributing to the Decline

This significant decline can be attributed to a general downturn in the automotive market in Portugal, as well as broader trends affecting the entire European market. Reports indicate that Tesla sales have declined across several countries, including the United Kingdom, France, Spain, Sweden, and Denmark, with drops exceeding 40% in these regions.