EV maker Tesla’s (NASDAQ:TSLA) sales reportedly fell by 9.4% in Germany in September, selling 3,404 cars as the company face pressure from growing competition and political backlash against its CEO Elon Musk.
So far this year, Tesla has sold 14,845 units in Germany, implying a year-over-year decline of over 50%, according to a Reuters report.
However, the German Road traffic agency KBA reportedly said on Monday that overall sales of battery electric vehicles rose by 31.9% year-on-year in September.
Chinese electric carmaker BYD’s (OTCPK:BYDDF) (OTCPK:BYDDY) September sales surged over 20-fold year-over-year to 3,255 units in Germany, with 11,810 units sold since the beginning of the year, according to KBA.
Last week, Tesla (NASDAQ:TSLA) reported sales of 497.1K vehicles in the third quarter, a quarterly record for the company, and surpassing consensus estimates for 448K deliveries as buyers rushed to capitalize on the end of the $7,500 government tax credit.