Tesla surges 89% in Norway; France, Sweden plunge 66/71% Dec

Tesla Registrations Soar in Norway Despite Weakness Across Europe: Report

  • Tesla registrations in Norway jumped 89% in December to 5,679 vehicles.
  • Tesla finished 2025 as Norway’s top-selling carmaker with 27,621 cars and a 19.1% market share.
  • Norway’s electric vehicle share reached 96% for 2025 and 98% in December; a VAT of up to $5,000 per vehicle takes effect Jan. 1, 2026.
  • Tesla registrations fell sharply in France (down 66% to 1,942) and Sweden (down 71% to 821) in December.
  • Registrations across the EU, the UK and EFTA showed year-on-year declines through November, and TSLA stock is up 11% over the past 12 months.

According to data citing the ACEA, Tesla registrations in Norway rose 89% year-on-year in December to 5,679 vehicles, while registrations plunged in France and Sweden to 1,942 and 821 vehicles, respectively. The shifts occurred in December as the market responded to policy and seasonal demand changes.

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Tesla closed 2025 as Norway’s top-selling carmaker for the fifth consecutive year and sold 27,621 cars in the country, giving it a 19.1% market share, the report shows. Electric vehicles made up 96% of Norway’s new-car sales in 2025 and 98% of registrations in December. A government decision to apply up to $5,000 in value-added tax per vehicle starting Jan. 1, 2026, helped spur demand before the change.

Elsewhere in Europe, Tesla continued to see weakness. December registrations fell 66% in France and 71% in Sweden. Region-wide figures for the EU, the United Kingdom and EFTA countries show registrations declined to 22,801 vehicles in November from 26,191 a year earlier, with market share slipping year-on-year in every month through November.

Shares of TSLA rose nearly 3% in pre-market trading on the day of the report, and the stock is up about 11% over the past 12 months. Retail sentiment on Stocktwits was noted as bearish at the time of the report.

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