Tesla(US:TSLA) Huan Qiu Wang·2025-09-02 03:35Core Insights - Tesla's sales in Europe have been declining in August, facing intense competition from companies like BYD, although there was growth in Norway, Spain, and Portugal [1][2] Sales Performance - In France, Tesla's new car registrations fell by 47.3% year-on-year, while the overall automotive market in France grew by 2.2% [2] - In Sweden, Tesla's registrations dropped by over 84%, and in Denmark, the decline was 42% [2] - In the Netherlands, Tesla's registrations decreased by 50%, and in Italy, the decline was 4.4% [2] - Conversely, in Norway, Tesla's registrations increased by 21.3%, although BYD's registrations surged by 218% [2] Market Competition - The disappointing sales figures for Tesla are attributed to a more competitive market environment [2] - Tesla's limited product line, with no new mass-market models launched since the Model Y in 2020, contrasts with the introduction of new models by Chinese competitors and traditional automakers [2]