Tesla's new car sales in Spain fell 29% in May from the same month in 2024 to 794 vehicles, registration data released by industry group ANFAC showed on Monday, while sales of electric cars from other brands soared.

Tesla Inc.’s new-vehicle registrations fell further in France, undercutting Chief Executive Officer Elon Musk’s assertion last month that the carmaker has recovered from its early-year sales slump.

The Model Y changeover was clearly not the problem. Last week, Tesla CEO Elon Musk claimed that the company has “no demand problem” and that even though Europe is its weakest market, “everyone is struggling in Europe,