London – Sales data shows many Europeans. Relationship with President Trump They may have chosen to avoid Tesla vehicles to influence US policy. Sales are falling sharply as Atlimask ads appear in the UK and other countries, hinting at comparisons with Adolf Hitler.
Tesla’s new vehicle sales fell by almost half across the continent in January, up 45% year-on-year, according to data compiled by the European Association of Automobile Manufacturers (ACEA). With hard numbers, Tesla sold just under 9,950 vehicles in Europe in January. In the same month of 2024, the company sold over 18,100 new vehicles.
Lower sales have hurt Tesla’s stock price. That almost doubled in the first month after Trump’s election victory. Most of those profits have since been lost, with Tesla’s market capitalization below $1 trillion. Stocks trading in the US for around $305 as of early Wednesday remained a 54% increase over the past 12 months, backed by ambitious plans for self-driving cars and humanoid robots.
In Germany, Tesla sales fell nearly 60% in January from the previous year. Interfering in the country’s federal elections Last weekend I saw the far-right AFD party he supported became the second most popular party in the country.
In France, Tesla sales fell 63% in January. Although Musk came after supporting the country’s far-right party and attacking left-leaning political parties, the impact of his political activity on Tesla’s financial performance is difficult to measure and could reflect other factors, such as increasing competition with other EV manufacturers.
Sales of Tesla in the US are also declining, with a 1% decline in 2024 compared to the previous year. This is the automaker’s first annual decline in 12 years, despite a 7.3% increase in global EV sales. As CBS News.” MoneyWatch reported This week, Wall Street analysts said that mask political activity could alienate consumers who were previously loyal to the brand, and protests broke out at many Tesla dealers in the US.
“Musk Doge-related actions And it is clear that a stronger alliance with Trump could alienate some consumers to move away from the Tesla brand,” an analyst at U.S. financial services company Wedbush wrote in a report from the company’s automaker on Tuesday. That said, I think this is a brand issue that is included for Tesla, not the main cause of concern for now. ”
A similar trend is seen in Europe. Tesla’s European sales plunged in January, but ACEA data shows that electric vehicle sales have skyrocketed 34% overall, with buyers increasingly paying attention to options from carmakers in China and the continent themselves.
In the UK, after Musk Attacked Prime Minister Kiel And sales in January, when they called for the release of imprisoned far-right activists, fell to a relatively gentle 12% year-on-year, but along British roads showed posters showing hand gestures of Musk salutes Nazi salutes at one of Trump’s events, after an activist group called “Everybody Hates Elon” pasted a bus stop ad.
Musk has not acknowledged or denied his intentions for the gesture, but he laughs at his criticism of it, saying in a message on social media platform X, “The ‘everyone Hitler’ attack is so tired.”
On the poster of the protest group, the words “0-1939 in 3 seconds” appear on the image of musk, hinting at the beginning of World War II.
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Ramy Inocencio
