Tesla Registrations Surge In Norway Despite Europe-Wide Weakness: Report

• Tesla ended 2025 with a market share of 19.1% in Norway, selling 27,621 cars in the country.
• The company emerged as Norway’s top-selling carmaker for the fifth year in a row, according to a Reuters report.
• However, Tesla’s market share registered a year-on-year decline during every month of 2025 up to November in the EU, the United Kingdom, and the European Free Trade Association countries.

Tesla Inc.’s (TSLA) registrations reportedly ramped up in Norway in December, while the company’s struggles in other European markets, such as France and Sweden, continued to mount.

According to a Reuters report citing data from the European Automobile Manufacturers Association (ACEA), Tesla registrations in Norway soared 89% in December to 5,679 vehicles, compared to the same period a year ago.

Tesla’s shares gained nearly 3% in Friday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.

Tesla Leads In Norway

Tesla led the charts in one of the European Union’s fastest-growing EV markets, Norway. The company emerged as Norway’s top-selling carmaker for the fifth year in a row, according to a Reuters report. Tesla ended 2025 with a market share of 19.1% in Norway, selling 27,621 cars in the country.

Overall, 96% of the cars sold in Norway in 2025 were electric vehicles, rising from 89% in 2024 and 82% in 2023. In December, almost all cars sold were EVs, accounting for 98% of total car registrations.

This was driven in part by the Norwegian government’s announcement that it would charge up to $5,000 in value-added tax per vehicle starting Jan. 1, 2026.

Continued Slump

Tesla continued to struggle in other European markets, such as France and Sweden, in December. The company’s registrations declined 66% year-on-year in France to 1,942 vehicles, while it experienced a 71% YoY fall in Sweden to 821 vehicles during the month.

The report added that Tesla registrations in the EU, the United Kingdom, and the European Free Trade Association (EFTA) countries declined to 22,801 vehicles in November, compared to 26,191 vehicles during the same period a year ago.

Overall, Tesla’s market share declined YoY in every month of 2025 through November in the region, the report added.

TSLA stock is up 11% over the past 12 months.

Also See: Bill Ackman Says His $300 Billion Fannie Mae, Freddie Mac Plan Remains The Best Idea For 2026

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