Tesla Sales Slump Amidst Musk's Controversial Support for Trump and Far-Right Groups

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Tesla Sales Slump Amidst Musk's Controversial Support for Trump and Far-Right Groups
TESLAELON MUSKTRUMP
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Global sales of Tesla vehicles have experienced a significant decline, with experts linking the drop to Elon Musk's vocal support for former President Donald Trump and far-right organizations. Musk's alleged fascist salute at a Trump victory rally has particularly alienated consumers, especially in Germany. While some analysts attribute the sales slump to reduced EV incentives in Europe, the controversy surrounding Musk's political affiliations appears to be a contributing factor.

Elon Musk 's support for Trump and far-right groups have sparked a consumer backlash , some experts claim

Tesla’s UK sales fell nearly 12 per cent in January, even as monthly EV registrations in Europe’s biggest battery-electric market achieved a record, according to latest industry data.In Germany, the home of the company’s gigafactory production hub, sales are said to be down 41 per cent year on year. In California – the largest US car market with more than 1.7 million vehicle registrations in 2024 – Tesla sales fell 12 per cent over the year.

Tesla’s January performance marks the brand’s lowest sales figures since July 2022 when volume was artificially limited by pandemic restrictions which led to just four cars being sold in Australia that month. Tesla, together with every other major manufacturer, is now facing much tougher competition from China’s leading electric vehicle maker, BYD.

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TESLA ELON MUSK TRUMP FAR-RIGHT GROUPS CONSUMER BACKLASH

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