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How Tesla lost some of its biggest fans

  • Tesla is facing a crisis in 2025 with plunging sales, spreading protests, and investor panic worldwide.
  • The crisis follows Musk's growing political ties and actions, including support for far-right parties and work in the Trump administration.
  • Sales dropped sharply by 76% in Germany, 71% in Australia, and 49% for China-made models globally amid competition and price cuts squeezing profits.
  • Tesla holds $37 billion in cash and its energy storage business earned over $10 billion in 2024, while a Delaware judge denied Musk's $56 billion pay package.
  • The crisis has damaged Tesla’s brand and sales may continue to stagnate, although fresh leadership or political deals could alter the company’s trajectory.
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Tesla's situation is far from perfect. And because of this, the sales of the American brand are in free fall and it continues over and over again. And this because of a range deemed aging, but not only. Because the behavior of its CEO Elon Musk would be directly for something. The latter is criticized for his polemic political positions. This leads to a massive boycott of the Texas-based brand. And some hall noises even evoke a departure of the …

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unionrayo.com broke the news in on Sunday, May 4, 2025.
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