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Tesla Faces Global Sales Decline Amid Rising Competition and Musk's Political Controversies

  • Tesla sales are declining significantly in key markets worldwide, with annual registrations for the Model 3 dropping by over a third in the State.
  • In Sweden and Norway, Tesla is losing market share despite overall car sales soaring, as reported by Reuters.
  • Tesla is now the fourth most valuable car brand globally, with Toyota holding the top position, according to a recent Brand Finance report.
  • Elon Musk's controversies, including his involvement in politics and social media, are drawing attention away from Tesla during what he calls a pivotal year for the company.
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The European figures of the car manufacturer are plunging. Donald Trump's right arm's slips are sinking, as are the decline in subsidies to the purchase and intensification of competition.

·Paris, France
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Left

Elon Musk has gone from a genius entrepreneur to a political activist. Car buyers in Europe have started to turn their backs on him, foreign pension funds have sold o

·Stockholm, Sweden
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  • 46% of the sources lean Left
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evmagz.com broke the news in on Saturday, February 1, 2025.
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