In the first quarter of 2025, Tesla maintained its dominance in the EV market in the US by delivering 128,100 vehicles. This figure alone outcompetes the ten following EV brands in the country. Compared to 2024, Tesla experienced a significant drop. In Q1 of 2025, Tesla sold 3,114 Ys and 2,046 Model 3s. Total: 5,160, but in Q1 of 2024, Tesla sold 6,835 Ys and 5,954 Model 3s. Total: 12,789. That’s a 60% drop YoY.
Tesla Maintains U.S. EV Market Dominance in Q1 2025
Though the sales of Tesla are declining in the United States, there is growth from other automobile producers. For instance, General Motors recorded a YoY overall EV sales increase of 94% and gained 11% of market share. However, when encompassing its partners, Honda and Acura, it attains 16% of General Motors’ share. Other car companies, such as Ford, Volkswagen, BMW, and Nissan, have also posted good figures, which suggests that the competition is not tough in the American markets for EVs.
There are more significant threats to Tesla Auto in Europe. Last year, the company achieved 4.2 billion euros of revenue, while this year it is expected to be set at 4 billion euros, and its market share has decreased to 1.8% from 2.8 %. This is because European and Chinese makers have been intensifying their production, hence the competition, along with political issues concerning Elon Musk.
Tesla Faces Growing Boycott in Germany Over Elon Musk’s Political Involvement
Tesla Model Y Popularity in Norway
In Norway, the Tesla Model Y has managed to record impressive figures, as indicated by the following facts. The Model Y was also ranked as the most popular car in March and the first quarter of 2025, with 1819 sales in March only and 2792 in the whole of the first quarter. This is even though overall sales of Tesla had reduced in Norway.
Norway remains among the global leaders in terms of electric vehicle adoption since, by 2024, 88.9% of all new car registrations are projected to be electric. The sales of the Model Y rose to 13.1% in 2024, and it was still the bestselling car in the country.
Tesla Model Y Skyrockets in China
The sales of the Model Y aren’t limited to Europe alone; it is performing quite well in other countries, also. Having ranked second on the list of Tesla’s primary markets, New Energy Vehicles (NEVs) embodied by the Model Y again topped the new vehicles market in China in March 2025 and stood at 48,189. This event is another achievement for the company that, in recent months, has been struggling with domestic players like BYD for domination in the world’s largest automobile market.
China’s market for NEVs, including battery electric vehicles and plug-in hybrids, is growing more competitive, and local carmakers are ramping up their product plans. Still, Tesla’s performance—especially in the highly competitive SUV crossover segment—shows the enduring appeal of the Model Y among Chinese consumers. The car, even with its edgy exterior design and substantial range, still has the exclusivity of using Tesla’s charge network as a selling point.
Even though the Model Y has increased production on an international level, Tesla’s numbers have slowed in some areas. Due to the company’s entry into the new phase of product replacement and planned changes in its prices, it is under pressure to expand its range of products and counter increasing competition. Nevertheless, based on what has widely been seen in the United States, Norway, and China in recent months, it cannot be said that Tesla is lagging—on the contrary, it is rebuilding the strengths for the new stage of the EV competition.