Tesla, Elon Musk and Europe
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In Germany — home to one of Tesla’s gigafactories and usually one of Tesla’s largest EU markets — those numbers are down even further.
From TechCrunch
Sales in Europe appear to be plunging; registration data showed Tesla sales were down 42% across most of Europe in the first two months of the year.
From The Motley Fool
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The protests are being advertised on BlueSky under the tags “Tesla Takeover” and “Tesla Takedown,” similar to demonstrations held last weekend. At least three dozen events are listed on Action Network’s website, with a banner urging people who own Tesla vehicles or stock in the company to divest, sell their vehicle, and “join the picket line.”
Sales in Europe appear to be plunging — down 42% in the first two months of 2025. Now one company appears to be capitalizing on Tesla's missteps.
Tesla sales tumbled by 42% in Europe in January and February despite overall EV sales on the continent rising almost 30%.
Tesla investors are bracing for a drop in Q1 vehicle deliveries as a backlash against CEO Elon Musk's politics exacerbates weakening demand.
European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grew.
Some of the first-quarter slowdowns may be due to customers waiting for the updated version of the car. Refreshes for Tesla's full-size Model S and Model X are expected by the end of 2025, potentially setting the stage for a dramatic rebound in deliveries in 2026.
Crowds have protested billionaire Elon Musk’s purge of the U.S. government under President Donald Trump outside Tesla dealerships throughout the U.S. and in some cities in Europe.
The news followed a quarter in which Tesla's stock fell 36%, its worst quarterly performance since 2022, as protests and boycotts in the U.S. and Europe drove potential EV buyers to look elsewhere. Where to invest $1,