Zinger Key Points
- Tesla's new car sales in April plunged 62% year-over-year in the U.K., while sales in Germany dropped 45.9%.
- Overall electric vehicle registrations in Britain rose 6.9% in April.
- Get 5 ‘Hidden Gem’ stock picks and daily rankings—now 60% off for Memorial Day.
Tesla, Inc. TSLA stock is trading lower amid reports that new car sales in the U.K. and Germany hit two-year lows.
What To Know: According to Reuters, Tesla’s new car sales in April plunged 62% year-over-year in the U.K., while sales in Germany dropped 45.9%.
The company sold 536 new cars in the U.K. in April, down from 1,404 during the same month in 2024. Overall electric vehicle registrations in Britain rose 6.9% in April.
In Germany, Tesla sold 885 cars last month. From January to April 2025, the company sold 5,820 vehicles, marking a 60.4% year-over-year decline. Electric vehicle registrations in Germany surged 53.5% in April.
What Else: According to Electrek, Tesla currently has about 10,000 units of its Cybertruck in inventory. At the start of 2025, Electrek reported the company had approximately 2,400 units in stock.
Tesla shares may be under pressure as investors weigh the company’s performance against competitors in expanding electric vehicle markets. The recent buildup in Cybertruck inventory compared to the start of the year may also be raising concerns about demand or production efficiency.
See Also: Food Service Provider Aramark Posts 2% Revenue Growth In Q2
TSLA Price Action: At the time of publication, Tesla stock is trading 1.8% lower at $275.26, according to data from Benzinga Pro.
Image: via Shutterstock
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.