Tesla Europe Registrations Surge 102% Denmark, 112% France, 23% Netherlands in April

Tesla's European registrations rebounded sharply in April 2026, jumping 102% YoY in Denmark, 112% in France, and 23% in the Netherlands (469 vs. 381), driven by fuel price spikes from the Iran war. This follows Q1 Europe sales up ~45% after a 27% 2025 decline, contrasting global Q1 deliveries of 358,023 missing consensus 365,645 and energy storage at 8.8 GWh versus 14.4 GWh expected. Shares fell below $339 amid JPMorgan's $145 PT cut and analyst skepticism, but Dutch RDW's April 10 provisional FSD approval offers a subscription revenue tailwind amid BYD/Xpeng rivalry.