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.
165 Articles
165 Articles
Elon Musk blamed for collapse of Tesla sales across Europe as drivers turn their backs on electric cars
Tesla sales have plummeted across Europe amid fears owner Elon Musk's political affiliations are causing motorists to turn away from the electric vehicle brand
Meltdown for Musk: Tesla sales crash in Europe as ‘polarising’ CEO blamed
Tesla sales have slumped in Europe during the month of January, with Elon Musk’s ‘toxic influence’ on the brand being blamed as among the reasons why. Musk, a vocal supporter of Trump, who has been rewarded for spending $250 million on Trump’s campaign for the White House with a role in his administration, has been widely condemned in recent months for his support for far-right parties in Europe as well as attempted interference in the elections…
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