Tesla’s marketshare of new cars sold in Norway fell by 61% from 2024 to January 2025.
byu/Kill_4209 inwallstreetbets
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.
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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