Tesla’s marketshare of new cars sold in Norway fell by 61% from 2024 to January 2025.

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Tesla’s marketshare of new cars sold in Norway fell by 61% from 2024 to January 2025.
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Tesla’s market share in the Norwegian automotive market has experienced a dramatic decline. In a striking development, the market share of new Tesla cars sold in Norway fell by 61% from 2024 to January 2025. This significant drop has raised questions and concerns about the factors contributing to this decrease.

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In January 2024, Tesla held a commanding 21.7% market share of new car sales in Norway. However, by January 2025, that figure had plummeted to just 7.4%. This sharp decline is particularly notable given the overall increase in car registrations in Norway, which rose by 82% during the same period. Tesla’s market share drop in Norway is even more pronounced when compared to its performance in Sweden, where the company also faced a decline but not as steep.

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Sources:

https://money.usnews.com/investing/news/articles/2025-02-03/tesla-loses-market-share-in-sweden-norway-as-musk-looms-large

https://euroweeklynews.com/2025/02/03/tesla-sales-plummet-in-european-countries-after-musk-interferes-with-politics

https://marketscreener.com/quote/stock/TESLA-INC-6344549/news/Tesla-loses-market-share-in-Sweden-Norway-as-Musk-looms-large


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