Stock Markets January 27, 2026

Tesla's European Deliveries Drop Nearly 27% in 2025 as BYD Narrows the Gap

Tesla records a sharp decline in EU, euro free trade zone and UK sales while BYD posts explosive growth and expands market share

By Caleb Monroe TSLA
Tesla's European Deliveries Drop Nearly 27% in 2025 as BYD Narrows the Gap
TSLA

Tesla's sales across the European Union, the euro free trade zone and the UK fell to 238,656 units in 2025, a decline of nearly 27% from 326,525 units reported previously, and its market share contracted to 1.8% from 2.5%. Chinese rival BYD saw European deliveries surge 268.7% to 187,657 units and grew its market share to 1.4% from 0.4%. Hybrids accounted for 34.5% of the European auto market in 2025 versus 17.4% for battery electric vehicles, factors that have favored BYD’s mix. Tesla showed some improvement in December with sales down 20% year-on-year but rebounding from November, while its 2024 European sales had fallen 10.8%. The EU’s potential move to drop import tariffs on Chinese EVs could further affect competitive dynamics.

Key Points

  • Tesla’s sales in the EU, euro free trade zone and the UK dropped to 238,656 units in 2025 from 326,525 units, reducing its market share to 1.8% from 2.5%.
  • BYD’s European deliveries surged 268.7% to 187,657 units, lifting its market share to 1.4% from 0.4%.
  • Hybrid models accounted for 34.5% of the European market in 2025 while battery EVs were 17.4%, a mix that advantaged BYD’s hybrid-inclusive lineup.

Overview

Tesla’s European deliveries weakened markedly in 2025, with total sales across the European Union, the euro free trade zone and the UK slipping to 238,656 units from 326,525 units previously. That represents a near 27% decline, and Tesla’s share of the market contracted to 1.8% from 2.5%.

BYD’s rise

In contrast, BYD posted a substantial increase in European volume, with sales jumping 268.7% to 187,657 units. BYD’s regional market share rose to 1.4%, up from 0.4% in 2025, narrowing the gap with Tesla in the region.

Demand patterns and product mix

BYD’s more affordable battery models and its hybrid offerings have been well received by cost-conscious European buyers, a dynamic that has helped the Chinese automaker expand sales. Tesla remains focused on purely battery-driven electric vehicles, while BYD’s hybrid models have provided a distinct advantage in a market where hybrids accounted for 34.5% of vehicle registrations in 2025, compared with 17.4% for battery electric vehicles, according to ACEA data.

Recent momentum and historic trend

There were signs of partial recovery for Tesla at the end of the year: December sales were down 20% year-on-year but showed a sharp increase from November. Nonetheless, the company recorded another year of falling sales in Europe, following a 10.8% decline in 2024.

Competitive and sentiment headwinds

Tesla faces a more crowded competitive landscape as other automakers and hybrids gain traction. Consumer response to Tesla’s autonomous driving efforts has been largely muted, and souring sentiment toward the company’s CEO, Elon Musk, is cited as weighing on European demand.

Trade policy and upside for competitors

Despite relatively steep European import tariffs on Chinese-made EVs, BYD has continued to increase market share. The European Union was reported to be preparing to eliminate import tariffs on Chinese electric vehicles, a policy change that could benefit BYD and further accelerate its sales in the region.


Note: The article reflects reported sales, market-share figures and market composition data for 2025 and 2024 as stated above.

Risks

  • Increased competition from other automakers and from hybrid models threatens sales for pure battery EV manufacturers - impacts the automotive and consumer sectors.
  • Consumer skepticism toward Tesla’s autonomous driving efforts and negative sentiment toward the company’s CEO are weighing on demand in Europe - impacts brand-sensitive consumer markets.
  • Potential changes in EU trade policy, including removal of import tariffs on Chinese EVs, could substantially alter competitive dynamics in the European auto market - impacts trade-exposed automotive manufacturers and importers.

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