Tesla sales plunging worldwide amid Musk’s new role in Trump White House

www.independent.co.uk

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Tesla sales plunging worldwide amid Musk’s new role in Trump White House

www.independent.co.uk

@MicroWave to

politics English • 6 hours ago

Stock price is down from December high

Summary

Tesla is facing a steep global sales decline, with drops of 63% in France, 59.5% in Germany, and 11.5% in China.

Analysts attribute this to growing competition, economic concerns, and backlash against Elon Musk’s support for Donald Trump.

Investors worry about potential tariffs from the Trump administration, which Tesla admits could impact its supply chain and profitability.

The company has not released a new model since late 2023, and Tesla stock has fallen from $480 in December to around $350. Some investors call this a “Trump-lash” against Musk and Tesla.

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@Placebonickname
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3•3 hours ago
I wasn’t gonna buy one anyway cause I am a broke bastard that is getting every dollar I can out of my 2005 Prius.

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