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Tesla EU sales drop 36% in August amid rising competition and political backlash

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Tesla's sales in the EU dropped 36.6% in August on a yearly basis, according to data released on Thursday by the European Automobile Manufacturers' Association (ACEA).

Billionaire Elon Musk's US-based electric vehicle company sold 8,220 units in August in the EU, ACEA's report showed, while the figure was at 12,966 in the same month of 2024.

Tesla's sales have been rapidly declining in Europe in recent months due to Musk's controversial political stances and his intervention in European politics.

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