Tesla (TSLA) has long been the undisputed leader of the electric vehicle (EV) revolution, but its brand no longer shines with the same electric glow. CEO Elon Musk’s controversial ties with President Donald Trump and growing political entanglements in 2025 have rubbed many the wrong way. The fallout has been brutal, leading to boycotts and even incidents of vandalism reported at Tesla stores. Investors aren’t happy, and neither are many customers.
Tesla’s sales are slipping across the board, with rival automakers racing ahead and eating up global EV market share. In fact, Tesla’s European sales slump showed no signs of recovery in April, with sharp declines across major markets. In France, the EU’s second-largest EV market, Tesla managed to register just 863 new vehicles in April, down a staggering 59% year-over-year. That marks its weakest monthly performance in over two years.
