Tesla (NASDAQ:TSLA)’s sales volume in Germany witnessed a sharp decline of 42.5% in March, as reported by the German road traffic agency KBA.
This drop comes even as the overall sales of battery electric vehicles in the country saw an increase.
The KBA revealed on its website on Thursday that Tesla managed to sell only 2,229 cars in Germany during March, marking a significant drop of 42.5% compared to the same period last year.
Furthermore, Tesla’s sales volume for the first quarter of the year also saw a substantial decrease. Between January and March 2025, Tesla sold a total of 4,935 units, a decline of 62.2% compared to the same period in the previous year.
In contrast to Tesla’s sales performance, the electric vehicle market in Germany showed a positive trend. The total number of newly registered electric vehicles in the country increased by 35.3% in March, according to KBA.
This indicates a growing demand for electric vehicles in Germany, even though Tesla’s sales have been on a downward trajectory.