Sales of new Tesla electric cars have sharply declined across Europe, with registrations halving in April compared to the previous year, as demonstrated by data from the European Automobile Manufacturers' Association. This drop coincides with a backlash against CEO Elon Musk due to his political affiliations and support for far-right groups. Despite a general rise in battery electric vehicles, Tesla is losing ground, which Russ Mould from AJ Bell attributed to possible lasting brand damage from Musk's political interventions and a weak position in the hybrid market. Overall EV sales in Europe are rising, suggesting that consumer sentiment towards Tesla may be uniquely affected by Musk's actions.
Despite a rise in overall battery electric vehicle sales in Europe, Tesla saw registrations halved in April due to backlash against CEO Elon Musk's political ties.
The decline in Tesla registrations suggests lasting brand damage linked to Elon Musk's political controversies, raising skepticism among motorists about going fully electric.
Collection
[
|
...
]