Tesla sales skyrocket in Europe as petrol prices surge due to Iran war

Tesla registrations jumped across Europe in March. In France, new Tesla registrations shot up by 203% compared to last year. In Norway, they rose by 178%. This growth comes as the world’s most valuable car maker by Market Capitalisation recovers from a tough 2025.

Drivers Escape High Gas Prices
Experts say the Iran war is making petrol very expensive. This is pushing more people to look at electric cars. While Tesla lost market share last year, new and cheaper versions of the Model 3 and Model Y are bringing buyers back. In France alone, nearly 9,600 new Teslas were registered last month. This is almost a new all-time record.

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Global Growth and Future Bets
Tesla is not just growing in Europe. In China, sales of cars made in the Shanghai factory rose by over 8%. In Japan, Tesla plans to open 60 new stores. They want to be the top imported car brand in Japan by next year. Wall Street is watching closely. Tesla is expected to report its First-Quarter Deliveries on Thursday. Analysts think sales will grow by nearly 10% compared to last year.

Beyond Electric Cars
Even with the boost in car sales, Tesla is looking at other ways to make money. The company is putting more focus on solar energy and Autonomous Robotaxis. They are also working on humanoid robots. In the U.S., the loss of the $7,500 Federal Tax Credit has made some buyers nervous. However, with gas prices staying high, Tesla’s shift toward more affordable models seems to be working.