The sales of vehicles made by Musk's Tesla fell sharply in the European Union in the first months of 2025.

Summary

Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

  • cynar@lemmy.worldEnglish
    8·
    3 days ago

    Hopefully it’s a dead cat bounce. Falling shares often recover slightly, before continuing their fall. Only time (and action) will tell.

    • b161@lemmy.blahaj.zoneEnglish
      2·
      3 days ago

      All the big money is getting out, or likely doing a brief pump while they’re shilling to all the redhat suckers to become future bag holders.