Benzinga·2026-02-24 10:11Group 1: Market Overview - New car registrations in the European Union fell by 3.9%, while the overall European market declined by 3.5% in January 2026 [2] - Battery Electric Vehicles (BEVs) experienced a growth of 13.9% year-over-year, now accounting for 19.3% of the EU market share [2] Group 2: Company Performance - Tesla's sales decreased by 17% year-over-year, with 8,075 units sold in January compared to 9,733 units last year, resulting in a market share of 0.8%, down from 1.0% in January 2025 [3] - BYD reported a significant increase in sales, with over 18,242 units sold, marking a 165% increase from 6,884 units sold in January of the previous year, and now holds a market share of 1.8% in Europe [3] Group 3: Stock Performance - Tesla's stock price fell by 2.91% to $399.83 at market close on Monday, and further declined by 0.96% to $398.87 during the pre-market session [4]