Tesla Sales Outpace Rivals In European Market In February — Are Price Cuts Paying Off?

Tesla Inc. is the fastest-growing automaker in Europe in February, as per new data.

Tesla’s European sales grew faster than any other carmaker in February, as per data from the European Automobile Manufacturers’ Association, or ACEA.

In February, Tesla accounted for 2.4% of the new passenger car registrations in the European Union with 19,249 vehicles being registered. This marks a 49.7% increase from the number of vehicles registered in February 2022.