April 1 (Reuters) - Tesla new car registrations in France more than tripled in March and were just shy of an all-time high recorded over two years ago, national data showed on Wednesday in the latest sign of the EV giant's sales recovery in Europe.
Tesla, the world's most valuable automaker by market capitalisation, lost almost half its share of the European market last year due to a combination of growing competition, especially from Chinese brands, its lack of new models and people's reaction to its CEO
Elon Musk's political stance.
Since it started to roll out to consumers new, cheaper versions of its cheaper versions of its Model Y and Model 3 in the U.S. and Europe late last year, its European registrations, a proxy for sales, have reversed course returning to grow in February.
March sales in France, the first European market to report monthly figures, showed further acceleration, outpacing the country's first sales increase since October.
Tesla registered in the month 9,569 new cars in the country, data from French car body PFA showed on Wednesday, a 203.10% increase from the same month of 2025 and just below an all-time high of 9,572 vehicles registered in December 2023.
In a letter sent to British media last month, the company said registrations are usually skewed towards the end of each quarter due to the way cars are shipped.
Its first-quarter registrations in France were up 108% in France to 13,945 cars.
(Reporting by Camille Raynaud and Alessandro Parodi; Editing by Sonali Paul and Matt Scuffham)
