BUSINESSSEMAFOR
Tesla’s Europe sales rebound
Tesla’s European sales rebound as rising fuel prices from the Iran war offset consumers’ dislike of Elon Musk. Germany saw a 300% sales increase in May, with Europe and UK sales up 57% year-on-year in the first five months of 2026, despite Tesla being overtaken by BYD last year as the top EV manufacturer.
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Adjacent reporting
- Retail sales up 1.7% in March from February driven by a spike in gas prices due to the Iran war
- Global EV sales surge during Iran war
- Retail sales rise as British motorists stock up on fuel
- Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror
- Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices