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Are Elon Musk's politics to blame as Tesla sales tank?

02:54

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Dan Hirschfeld
March 18, 2025

Tesla car sales in Europe are in a slump as electronic cars well on the continent. Some see a connection to Tesla owner Elon Musk's alliance with US President Donald Trump and their shared support for nationalist parties across Europe.

Tesla's sales and stock prices are plummeting in Europe simultaneously with Elon Musk's increased political engagement. Protests against Musk's support for US President Donald Trump and nationalist parties are growing. Tesla's image is suffering, and employees at the Gigafactory in Berlin are worried about job security. Despite the backlash, some loyal customers still believe in Tesla's technology. They just want Musk to focus on innovation rather than politics.

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