BRUSSELS, BELGIUM - JANUARY 09: BYD YangWang U8 luxury plug-in hybrid suv on display at the AutoSalon press preview on January 09, 2026 in Brussels, Belgium. The 102nd Brussels Motor Show has firmly established itself on the international calendar, featuring over 60 car brands and more than 20 motorcycle brands, and visited by over 270,000 people. (Photo by Sjoerd van der Wal/Getty Images)

    Tesla Europe sales tumble 17% in January as China’s BYD soars

    Tesla’s (TSLA) Europe woes are only getting worse, just as Chinese rival BYD’s (BYDDY) fortunes soar there. According to the European Automobile Manufacturers’ Association (ACEA), Tesla electric vehicle registrations (a proxy for sales) in Europe fell to just 8,075 units in January, a 17% drop compared to a year ago. Meanwhile, total EV registrations in…

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