World News@lemmy.worldEnglish · 22 hours ago

Tesla sales almost halve in Europe as Musk faces criticism over Trump ties

www.theguardian.com

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Tesla sales almost halve in Europe as Musk faces criticism over Trump ties

www.theguardian.com

MicroWave@lemmy.world to

World News@lemmy.worldEnglish · 22 hours ago

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.

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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.

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