Tesla's grip on Oregon EV sales loosens amid Musk's controversial political moves
- Tesla's sales in Europe fell by 40% in February, totaling 16,888 new cars, according to the European Automobile Manufacturers' Association.
- In the first two months of the year, Tesla's sales dropped 43%, while industrywide electric vehicle registrations rose by 31%.
- Production changes for the new Model Y affected Tesla's output, resulting in lost or deferred sales due to factory pauses.
- Intense competition from European and Chinese automakers is increasing pressure on Tesla amid a decline in consumer confidence due to economic uncertainty.
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Shouldn't we be boycotting Amazon & Meta too?
It’s fun to watch Tesla’s combination of declining sales, bad press, and tumbling stock price. Given the organic nature of the disdain for Musk in multiple countries, a brand so interconnected with its founder, and whose existing customer base are so...
·United States
Read Full ArticleThe flight of capital from the US is real. But for experts the real cause is not Trump | Tesla, a new crash in Europe: -40% in February
What is happening on the markets is a structural rebalancing linked to older and deeper reasons: America had gained an exaggerated weight and even the weight of Big Tech was in turn disproportionate
·Italy
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Leaning Left4Leaning Right2Center6Last UpdatedBias Distribution50% Center
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50% Center
L 33%
C 50%
R 17%
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