Tesla Shares Surge 46% on Europe Sales Rebound as Global EV Sales Hit 20.7M

Tesla shares jumped nearly 46% on May 27 after European registrations surged 46.5% year-on-year to 10,654 units in April, marking the third straight month of growth. The rebound follows an 84% jump in March and aligns with broader European auto sales rising 5.1% to 972,314 vehicles. Globally, IEA data confirmed electric car sales reached 20.7 million in 2025, or 25% of total vehicle sales, underscoring accelerating EV adoption despite U.S. declines.