Tech billionaire, a close adviser to the US president, is a vocal supporter of Germany’s far-right AfD party

Summary

Tesla’s European sales dropped 45% in January, with market share falling from 1.8% to 1%.

This decline comes as CEO Elon Musk faces backlash over his political interventions, including support for Germany’s far-right AfD and ties to Donald Trump’s administration.

Tesla sales plummeted in Germany and France, and it trailed Chinese EV rival BYD in UK registrations.

Despite Tesla’s slump, Europe’s electric vehicle market grew by 34%, with Germany, Belgium, and the Netherlands posting strong gains.

  • LupusBlackfur@lemmy.worldEnglish
    15·
    22 hours ago

    Waiting for Tesla to oust him as CEO for conduct contrary to the financial health of the company (read: shareholders).

    🤷‍♂️ 🤷‍♂️

    • thejml@lemm.eeEnglish
      21·
      21 hours ago

      The shareholders are all huge Elon sycophants. If they haven’t ousted him over any of the previous shit he did, I have zero faith they’ll do it now.

      If anyone has Tesla stock, dump it now before you lose everything.

    • Supervivens@lemmy.worldEnglish
      5·
      17 hours ago

      Considering almost the entirety of the stocks value is tied up in musk and has almost no correlation with the actual success of Tesla and they’ve literally gone out of their way to force a 56 billion pay package through for Musk, I highly doubt it.

      Edit: for reference, the company is worth the next 15 car makers prices combined and probably has less sales than all of them