Tesla shares rose 1.3% in pre-market trading on May 27th. New vehicle registrations in the EU surged 67% year-over-year in April 2026. The European Automobile Manufacturers Association released the data.
This performance marks the third consecutive month of growth for the automaker. Sales previously increased by 12% in February and 84% in March. The figures signal a recovery following a regional slump that lasted more than one year.
Tesla is supporting this momentum with a $250 million investment. The capital will increase production capacity at the Berlin-Brandenburg plant.