Tesla sales tank in Europe
Tesla is seeing a huge drop-off in sales across Europe, coming shortly after CEO Elon Musk’s newfound interest in participating in Germany’s right-wing political movement.
The Financial Times reports that Tesla’s market share in Germany dropped from 14% to 4%, with the electric car maker’s registrations dropping 59% year over year, even while the overall German EV market grew more than 50% year on year.
Tesla’s European problems aren’t just limited to Germany:
🇩🇪 Germany: Registrations dropped 59% year over year.
🇫🇷 France: Sales down 63% in January.
🇬🇧 United Kingdom: Registrations down 8% year over year.
🇳🇴 Norway: Registrations down 38% year over year.
Since aggressively campaigning for President Trump’s reelection, Musk has jumped into the fray of the upcoming German federal election, supporting the far-right Alternative for Gemany (AfD) party. Musk appeared remotely at an AfD campaign event in January, and hosted the leader of AfD on a live discussion on X.
Tesla’s European problems aren’t just limited to Germany:
🇩🇪 Germany: Registrations dropped 59% year over year.
🇫🇷 France: Sales down 63% in January.
🇬🇧 United Kingdom: Registrations down 8% year over year.
🇳🇴 Norway: Registrations down 38% year over year.
Since aggressively campaigning for President Trump’s reelection, Musk has jumped into the fray of the upcoming German federal election, supporting the far-right Alternative for Gemany (AfD) party. Musk appeared remotely at an AfD campaign event in January, and hosted the leader of AfD on a live discussion on X.
