Tesla’s European sales dropped 45% in January, while EV demand soared. Production changes and CEO Elon Musk’s political controversies may have contributed to the sharp decline.
Summary
Tesla’s European sales plunged 45% in January, while the EV market grew 37%, with rivals like Volkswagen and Renault gaining ground.
Production changes for the Model Y is claimed to contribute to lower sales, but Elon Musk’s political controversies also sparked backlash.
Musk’s support for far-right parties and attacks on European leaders have made him unpopular, as polls show negative perceptions in Germany and the UK.
Tesla’s struggles come as European automakers face stricter emissions targets, increasing competition in the region’s growing EV market.
Those are preliminary numbers. They'll do everything they can to hide the real numbers too. I wouldn't be surprised if the real sales numbers are already down 80 percent.
Yeah right, only? I mean it's not a good decision politically, but also no longer economically sound, you might want to sell it down the road, to whom, and for what price?
Reason this has gotten lot of attention is that the way US has been negatively affective international citizens. Even if someone wants to keep their head in the sand when it comes to the US it's hard to ignore when they keep threatening tarrifs and then start threatening allies and forming bonds with their enemies.