NEW YORK, March 2, 2026, 4:15 PM ET — Trading after the bell.
- Tesla’s stock settled at $403.32, ticking up 0.2% by the close after dipping earlier in the day.
- February’s registration numbers climbed sharply in France and Spain. The Netherlands, Denmark, and Italy all posted declines.
- UK and Germany’s February numbers are still on the radar for investors this week, with Friday’s U.S. jobs report also in focus.
Tesla shares nudged up on Monday, with new European registration data providing a mixed—if early—snapshot of February demand in the region.
Europe has been dogging Tesla, with investors closely watching the numbers for any hint that demand isn’t slipping further. Rising competition and the company’s pivot to cheaper trims add to the pressure as Tesla tries to hold the line on volumes.
Tesla (TSLA.O) finished regular trading at $403.32, ticking up 0.2%. The stock had dipped nearly 0.9% earlier but clawed its way back before the bell.
Tesla registrations climbed sharply in February, official figures show, with France posting a 55% increase. Portugal saw the numbers more than double. Spain was up 74%. Norway registered a 32% jump; Belgium rose 14%. The picture wasn’t positive everywhere—registrations plunged 45% in the Netherlands, dropped 18% in Denmark, and slipped 7% in Italy. Results from the UK and Germany are still to come this week. Last year, Tesla’s European sales dropped 27%, according to Reuters, with its combined market share across the EU, UK, and EFTA narrowing to 0.8% in January, down from 1% in the same month a year earlier.
Tesla notched a 73.7% jump in new car registrations in Spain for February, hitting 1,595 units, according to ANFAC data. Across the first two months of the year, Tesla’s Spanish sales climbed 72.9%. For the broader “electrified” market — a mix of all-electric and hybrid vehicles — registrations grew 55.6%. Reuters
Tesla saw new car registrations in Denmark slip 18% in February, dropping to 419 vehicles, bilstatistik.dk data show.
On Monday, broader markets took in new evidence of stubborn input costs across the U.S. economy. The latest ISM manufacturing data pointed to a marked rise in price pressures—raising concerns among some economists about the path ahead for interest-rate cuts.
Still, the outlook in Europe isn’t settled. The UK and Germany, the two biggest car markets in the region, haven’t reported yet. Traders are keeping an eye on those February numbers to see if they’ll back up signs of recovery—or if the uptick in France and Spain turns out to be just a blip.
Friday’s on deck for the next check on risk appetite: That’s when the U.S. Labor Department drops its February jobs report at 8:30 a.m. ET—a release with the potential to shake up Fed policy bets and, by extension, the mood around richly valued growth names including Tesla.
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