The post Australia hands Tesla lifeline with May sales surge, struggles persist elsewhere appeared on BitcoinEthereumNews.com.

Australia just gave Tesla something it hasn’t had in a while—relief. The company said on Tuesday that it sold 3,897 electric vehicles in Australia in May 2025, its best monthly performance in nearly a year, according to data reported by CNBC. That came after an embarrassing 500-car collapse in April, which was its lowest-performing month in the country this year. This sudden spike, fueled almost entirely by the Model Y, was a 675% leap from the month before, though overall year-over-year growth for May sat at just 9.3%. The Model Y exploded. Tesla confirmed sales of the compact SUV jumped 122.5% year-over-year, while the Model 3 continued to tank. And while this rebound looks good in isolation, total year-to-date sales in Australia are still down 48.2% compared to the same stretch last year. 🚨BREAKING: TESLA SALES SURGE IN 🇦🇺AUSTRALIA WITH RECORD MODEL Y DEMAND $TSLA • Tesla reports 3,897 vehicle deliveries in May 2025, highest in nearly 12 months• Updated Model Y drives rebound with 3,580 units sold, up 122.5% from May 2024• Total deliveries up 9.3%… pic.twitter.com/zEwXSFeEFi — Tesla Archive (@tesla_archive) June 3, 2025 The numbers were released by the Australian Electric Vehicle Council, which became the only public provider of Tesla and Polestar data in the country after both automakers ditched the Federal Chamber of Automotive Industries (FCAI) last year. Model Y surge lifts May, but global pressure continues Liz Lee, associate director at Counterpoint Research, told CNBC the company’s May results in Australia were mostly about one thing, “strong demand for the updated Model Y.” But she added that the boost “does not yet signal a broader global recovery,” and pointed to Tesla’s overall sales being down 13% in Q1 worldwide.  Australia’s rebound looks good on a spreadsheet, but globally, the company’s still under pressure. That pressure…

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Filed under: News - @ June 4, 2025 10:25 am