Tesla’s New Registrations For January Plummet In France and Norway – TSLA Stock Declines Over 2%

• New registrations for Fiat, Renault, Mercedes, and Volvo vehicles surged by more than 20% each in France.
• Tesla’s struggles extended into January, after European registrations fell 20% year over year in December.
• Stock has been under spotlight since the company unveiled a $20 billion investment plan focused on autonomous driving and robotics.

Shares of Tesla Inc (TSLA) fell more than 2% in pre-market trading on Monday after the electric vehicle (EV) posted a significant decline in new registrations across France and Norway in January.

In France, new registrations fell 42% in January to 661 vehicles, according to auto body Plateforme automobile (PFA). Meanwhile, new registrations for Fiat, Renault, Mercedes, and Volvo vehicles surged by more than 20% each.

New registrations in Norway, typically a strong market for Tesla, saw an even steeper 88% plunge to 83 new registrations from 689 a year earlier, according to OFV. Citroen and JAC recorded the largest increases in new registrations in the country in January.

European Struggles

Tesla’s struggles extended into January, after European registrations fell 20% year over year in December, even as the broader battery electric vehicle (BEV) market jumped 50%. In 2025, Tesla’s European registrations declined about 27% to 238,656 units.

Tesla’s Robotics Drive

Tesla's shares have been under the spotlight ever since the company unveiled a $20 billion investment plan focused on autonomous driving and robotics, alongside stronger-than-expected fourth-quarter results. CEO Elon Musk also said Tesla will begin phasing out production of its premium Model S and Model X vehicles next quarter. 

Capital expenditures are set to surge from $8.5 billion in 2026 as Tesla scales output of the Cybercab, Tesla Semi, and Optimus robot, with the Fremont factory shifting toward robot production. The company expects to reveal the next-generation Optimus in the first quarter and start manufacturing by year-end. Tesla reported Q4 earnings of $0.50 per share on $24.9 billion in revenue, topping estimates.

Retail Reaction

Retail sentiment on Stocktwits remained in the ‘extremely bearish’ zone over the past 24 hours, amid ‘high’ message volumes.

Year-to-date, TSLA shares have declined nearly 9%.

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