Posted on Jan 25, 2021 4:30 PMUpdated Jan 25, 2021, 7:06 PM
If Tesla saw its share price break record after record in 2020, it is not thanks to its commercial performance in Western Europe. According to data from specialist consultant Matthias Schmidt, the Californian manufacturer, which largely dominated the continental market for 100% electric vehicles in 2019, was overtaken last year by Volkswagen and Renault.
While Tesla had sold 109,467 cars in 2019 (mainly Model 3) in the 18 countries concerned, the company headed by Elon Musk suffered a decline in sales of 10.7% last year, to 97,791 copies. At the same time, all of its competitors recorded a two- or even three-digit growth in the electric powertrain segment.