In Italy, Tesla (TSLA, Financial) achieved a 51% year-over-year increase in new vehicle registrations in March, amounting to 2,217 units. This uptick comes after a significant 54% decline in February. However, when looking at the cumulative figures for the first quarter of the year, Tesla's sales in Italy dropped by 7%, with a total of 3,469 new cars sold.
These figures highlight a variable performance for Tesla in the Italian market, reflecting both strong March results and an overall quarterly decline. The data sheds light on Tesla's fluctuating sales patterns in Europe as it seeks to solidify its market presence.