Tesla sales crash 45% in Europe as rivals surge, Musk’s politics spark backlash
Tesla sales crash 45% in Europe as rivals surge, Musk’s politics spark backlash
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.
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Musk didnt learn a single thing from mismanaging twitter right into the ground. Tesla is up next. The US government after that.
He didn't mismanage Twitter. He realized that he could spend 44B and gain control of the ruling political party of the US. He said "Twitter's value isn't in it's advertising, but in the public manipulation I can do with it!"
What you described is mismanagement. Just because he benefits from it doesn't make it good management.
Why would he learn from it, as far as I can tell it was intentional mismanagement.
I don't know about Twitter, it gave him and his cronies a platform, and won him an election. It's mismanaged for sure, but it got the job done.
Tesla is probably more of a blow, this doesn't help him in any way.
he got 100bn richer, and probably is getting more from plundering the us.
I honestly think he sabotaged it on purpose. I hate to give him any credit for intelligence, but in reality he must have told some friends to short the stock before he bought it and immediately crashed its value.