Don't Just Read the News, Understand It.
Published loading...Updated

Why A Danish Company Is Telling Elon Musk 'Thanks For The Ride' — And Returning Its Tesla Fleet - Tesla (NASDAQ:TSLA)

  • The Danish construction company Tscherning returned its entire Tesla corporate fleet in 2025 due to Elon Musk's political activities.
  • Tesla's declining sales, especially in Europe, and Musk's political support for far-right causes led Tscherning and others to dissociate from the brand.
  • Tscherning emphasized their choice extends beyond their driving habits to include the company they keep, explaining that they returned their Tesla fleet due to disagreement with Elon Musk's political stance rather than dissatisfaction with the vehicles themselves.
  • Tesla's Q1 2025 sales dropped 40% year-over-year in key markets like Denmark, and used Tesla prices have also fallen significantly during this period.
  • This corporate fleet return and sales decline illustrate Tesla’s brand challenges in Europe, suggesting possible further sales drops, layoffs, and store closures.
Insights by Ground AI
Does this summary seem wrong?

13 Articles

All
Left
3
Center
1
Right
1

Citing the statements of a businessman involved in the Trump administration, the Danish Tscherning has sold all of its corporate Teslas. One of Denmark's ... ... is selling all of its corporate Teslas.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources lean Left
60% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Electrek broke the news in on Thursday, May 15, 2025.
Sources are mostly out of (0)

Similar News Topics