- cross-posted to:
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- economics
- cross-posted to:
- [email protected]
- economics
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.
He’s not facing ‘criticism over Trump ties’. He’s facing outrage over being a fucking Nazi.