Tesla has experienced a dramatic drop in sales in Europe, with a 45% decline in January compared to last year, selling only 9,945 vehicles. This downturn is reflected in the company's stock performance, which has fallen steeply despite earlier highs following Trump's election. Musk's involvement with controversial political movements and far-right parties in Europe has fueled public discontent, leading to vandalism at Tesla dealerships and new buyer's remorse among customers. These factors collectively raise concerns about Tesla's performance and reputation across the continent.
Tesla's sales in Europe have drastically decreased, indicating a 45% drop from last year, reflecting the influence of Musk's controversial political behaviors and statements.
Despite soaring stock values post-Trump's election, Tesla shares have seen a significant decline, making it the biggest decliner among major tech stocks.
Musk's deeper involvement in European politics, especially his support for Germany's far-right AfD party, has negatively affected public opinion and Tesla's brand.
Vandalism targeting Tesla showrooms in Europe, including anti-Nazi slogans and destruction, showcases the customer's backlash against Musk's polarizing personal behavior.
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