Tuesday, 25 February 2025

Tesla Sales Almost Halve in Europe as Musk Faces Criticism over Trump Ties

THE GUARDIAN: Tech billionaire, a close adviser to the US president, is a vocal supporter of Germany’s far-right AfD party

Sales of new Tesla cars almost halved in Europe last month, indicating waning demand for the US carmaker’s vehicles as its chief executive Elon Musk intervened repeatedly in the politics on both sides of the Atlantic.

The Texas-based carmaker sold 9,945 vehicles in Europe in January, down 45% from last year’s 18,161, according to data from the European Automobile Manufacturers’ Association (ACEA). Tesla’s share of the market dropped to 1% from 1.8%.

This could suggest that Musk’s interventions in European political affairs and senior role in Donald Trump’s administration defunding and depopulating the US government – including shutting down its aid programme – are leading to a consumer backlash. » | Julia Kollewe | Tuesday, February 25, 2025