Tesla's sales in key European markets fell again in March, data showed on Tuesday, adding to signs that drivers are shunning Elon Musk's electric car brand as competition from China stiffens and some protest against his political views.

There is some reason for optimism, but the risk of bad news coming also exists. Some of the latter is already priced into the stock, though. Tesla shares have plunged by about 32% year to date. That's after the stock jumped 6.2% as of 11:55 a.m. ET today.

A woman holds up a sign as people protest in front of a Tesla dealership as part of a coordinated international day of "Tesla Takedown" protests on March 29, 2025, in Miami. AP Photo/Rebecca Blackwell Tesla's stock price at market close on December 31,

Tesla sales kept falling in March in many European markets as it suffered from a double blow of boycotts against the policies of its founder Elon Musk and an ageing