Tesla (NASDAQ:TSLA) registrations in Sweden plunged 84% in August from a year earlier, dropping to 210 vehicles from 1,348, Mobility Sweden data showed on Monday.
The Model Y led Tesla’s August sales in Sweden with 141 registrations, followed by 67 Model 3s. The results lagged far behind other automakers: Volvo (OTCPK:VLVLY) logged 2,718 registrations (+8% Y/Y), Volkswagen (OTCPK:VWAGY) 2,614 (+19.3%), and Toyota (TM) 2,245 (+35%).
The slump follows broader weakness in Europe, where Tesla’s sales fell 40% in July to 8,837 units—its seventh consecutive monthly drop—even as overall EV sales climbed, ACEA data showed.