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.

  • pumpkinseedoil
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    2 hours ago

    Last 5 years +4.92%

    Last 1 year +7.09%

    Last 6 months +7.09%

    Last 1 month +7.09% (no I’m not mixing up numbers these are actual numbers, its the same number thrice)

    Last 5d +6.46%

    Last 1d +0.93%

    Looking good, seems like you chose an unfortunate moment to invest.

    Edit: +21.97% in 2025 so far. Probably correlates with declining Tesla sales?