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International Business Times UK
International Business Times UK
William Dove

Did Elon Musk's Political Gambit Costs Tesla? 40% Sales Drop in Europe Raises Alarm

A Tesla car stands in front of the company's electric car plant in Gruenheide near Berlin, Germany, on 13 March, 2024 (Credit: AFP News)

Tesla has reported a sharp 40% decline in European sales, a slump that comes amidst controversy surrounding CEO Elon Musk's vocal support for newly re-elected US President Donald Trump.

The decline has sparked debates about the interplay of politics and consumer behaviour, as well as broader challenges within the electric vehicle (EV) market.

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