Tesla gains market in France, Norway in February

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold prices jump 2% amid widening US-Israel conflict with Iran Oil prices surge after U.S.-Israel strikes on Iran; crude around $80/bbl likely Futures drop, oil spikes amid widening Mideast conflict - what’s moving markets Asia stocks slide as US-Iran strikes batter risk appetite FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Tesla gains market in France, Norway in February By Reuters Stock Markets Published 03/02/2026, 05:17 AM Updated 03/02/2026, 05:18 AM Tesla gains market in France, Norway in February 0 TSLA -1.49% March 2 - Elon Musk’s Tesla gained market share in France and Norway in February, official data showed, signalling stabilisation in Europe after two straight years of declining sales. In France, the automaker’s registrations, a proxy for sales, rose 55% even as most rivals sold fewer cars than a year ago. They increased 32% in Norway, but fell 18% in Denmark, the first countries to publish February data, with others including Italy and Spain set to report through the day. Tesla saw European sales drop 27% last year amid rising competition, particularly from Chinese EV brands, controversy over Musk’s politics and an ageing model lineup. Last year Tesla unveiled cheaper versions of its Model Y and Model 3 in the United States and Europe, which started to roll out to consumers late last year. The company’s market share in the European Union, Britain and the European Free Trade Association slid only marginally to 0.8% in January from 1% in the same month in 2025. But that is still far below its 1.8% market share in 2025, 2.5% in 2024 and 2.9% in 2023, when its signature Model Y SUV was the world’s best-selling model.