Group 1: Tesla Sales Performance - Tesla sales in Europe and the U.K. have fallen by nearly half, with a 49% year-over-year decline in April, selling 7,261 vehicles [1][2] - The decline in sales is notable despite the recent launch of the new Model Y vehicle, which typically would attract more consumers [2] - Competitors of Tesla have not experienced the same decline, indicating potential impacts from CEO Elon Musk's political activities and alignment with U.S. President Donald Trump [2] Group 2: Overall Market Trends - New car registrations in the EU, U.K., and EFTA countries fell by 0.3% year-over-year to 1,077,186 units, with gas and diesel vehicles seeing the largest declines [3] - Electric vehicle (EV) sales grew by 27.8% year-over-year to 184,685 vehicles in April, while hybrid vehicles saw a significant increase of 31% in sales [3] - Chinese manufacturers, such as BYD, are gaining market share, with registrations of EVs made by Chinese automakers rising by 59% year-over-year to almost 15,300 units [4]
Tesla loses more ground in Europe, while BYD makes gains