It’s not every day a tiny Spanish automaker drops an electric track weapon with supercar specs and charging speeds that put your phone to shame. You may not have heard the name Baltasar before, but that’s about to change, at least if you keep tabs on niche electric sports cars.

The company just revealed the latest version of its Revolt track car, the R Concept, at the Automobile Barcelona show. It follows a familiar recipe, combining ultra-lightweight construction with a sharp focus on aerodynamics. However, unlike most track-day specials, it is all-electric.

Read: Xiaomi-Backed $41K EV Looks Like A Tesla Roadster Hooked Up With A Lancia

As is pretty obvious from its name, the R Concept is a more potent and aggressive version of the standard Revolt. It’s hand-built with a carbon fiber monocoque and includes a chromoly steel roll cage that meets FIA specs. Suspension parts are a mix of carbon fiber, aluminum, and Kevlar, all in the name of weight savings. The end result is a curb weight of under 800 kg (1,763 lbs). For comparison, a US.-spec Mazda MX-5 Miata weighs 273 kg (601 lbs) more, coming in at 1,073 kg (2,366 lbs).

Baltasar hasn’t revealed powertrain specs for the R yet, but it likely uses the same setup introduced with the original Revolt back in 2021. That car featured two rear-mounted electric motors delivering a combined 500 horsepower and 737 lb-ft (1,000 Nm) of torque.

Battery capacity remains a mystery, but the R reportedly uses a 700-volt electrical architecture. For context, the standard model offers a driving range of over 300 miles (482 km), and Baltasar claims an 80% recharge takes just five minutes.

Several key aerodynamic upgrades have been made to the Revolt R, which makes sense given its track-only focus. At the front, it gets a new splitter, updated headlights, and reshaped front quarter panels. Around the back, there’s a towering carbon fiber rear wing that leaves no doubt about the car’s intentions. It’s also been shown with gold-painted wheels wrapped in slick tires, completing the track-ready look.

While full interior photos haven’t been released, Baltasar has shown a few key details. The car features a carbon fiber racing seat and distinctive gold pedals, both clearly built with track performance in mind.

Pricing hasn’t been finalized, and there’s no official launch date yet, but Baltasar says to expect the Revolt R to start at around €450,000 or around $510,000 at current exchange rates when it goes on sale.

Baltasar

Tesla’s European sales are, to put it lightly, in freefall. After months of steadily declining numbers, April was a particularly disastrous month for the electric vehicle maker. Key markets like Spain, Germany, Belgium, France, and the UK all saw significant drops, leaving Tesla wondering if it can get back on track anytime soon.

Germany, in particular, seems to be where Tesla’s problems are most evident. In April, the company sold just 885 vehicles in the country, down a staggering 45.9% compared to the same month last year. So far this year, Tesla has sold 5,820 vehicles in Germany, marking a 60.4% drop from 2024. Keep in mind, this is the country that houses Tesla’s only European factory, so things are clearly not going according to plan.

Read: Tesla Sales Crash Over 80% In Sweden And That’s Just The Beginning

It’s clear that public sentiment surrounding Tesla’s CEO, Elon Musk, plays a significant role in the company’s declining sales. This year, he’s spent a lot of time aligning himself with controversial figures like Donald Trump and making his presence felt in U.S. politics. Additionally, his public support for a far-right political party in Germany ahead of its recent federal elections has certainly contributed to some of the backlash.

Tesla has also been shifting the European supply of the best-selling Model Y to the recently updated ‘Juniper’ model. However, as local deliveries of this new model have already started, sales should be stronger than they are proving to be.

As Tesla struggled in Germany, some of its competition thrived. BYD, still a relatively new player in the country, sold 1,566 vehicles last month, a 755.7% jump over April 2024. Year-to-date sales are also up 384.5% to 2,791 units. MG sales were also up 34% in April. Polestar also reported a 47.1% increase in sales, with 303 units sold last month.

It’s not much better in the UK, where Tesla sales absolutely cratered in April. With only 512 units sold, the company saw a 62% drop compared to the year before. This is bad, even by bad-news standards.

Tesla’s struggles extend across several other European countries as well. In Spain, sales dropped 36%. In Belgium, it was 55%. France saw a 59% decline, Denmark 67%, and in Sweden, a jaw-dropping 81% drop in April. To put it bluntly, Tesla’s grip on the European market is slipping faster than the price of an electric car at a dealership going out of business.

Germany April 2025 Sales

Tesla will release its first-quarter sales figures later today, but before that happens, we already have some key sales data from several countries across Europe. It does not paint a pretty picture for the electric automaker that’s been struggling since Elon Musk became President Donald Trump’s right-hand man in the Oval Office.

According to the latest data, Tesla sold 3,157 new vehicles in France this March, a sharp 36.83% drop compared to the same time last year. It’s even worse in Sweden, where sales plummeted by 63.9% to just 911 units. Denmark saw a 65.5% decline (down to 595 cars), while the Netherlands reported a 61% drop, with 1,536 Teslas sold.

Read: Even Toyota Sold More EVs Than Tesla In Norway As Musk’s Brand Tanks 45%

These figures are important because the all-new Model Y has been available in most European markets since February 21, but it doesn’t appear to have reversed Tesla’s fortunes, at least not yet. Sales may start to climb once the public becomes more familiar with the new Model Y and get the opportunity to see it in the flesh.

Tesla is doing a little better in Norway. While the 2,211 models sold locally in March was down 1% from March last year, it was up significantly from January and February, when 1,606 Teslas found new homes. The Model Y was easily Norway’s best-selling new car in March, shifting 1,822 units, compared to the Nissan Ariya in second with 569 units sold.

Similarly, Tesla’s fortunes are also changing for the better in Spain, Portugal, and Italy, with sales climbing by 34.3%, 2.1%, and 51.3%, respectively, as reported by Reuters. Despite these gains, weak figures from January and February still mean quarterly sales are down in all three markets from Q1 2024.

Of course, it’s not just Musk’s involvement in US and European politics that has diminished the sentiment in the brand among some shoppers. In Europe, a growing number of Chinese car manufacturers are entering the market with competitively priced vehicles, despite tariffs placed against them.