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Tesla's (TSLA) meteoric rise has taken it from a niche electric vehicle startup to a global icon of clean energy and autonomous innovation. Under Elon Musk’s vision, Tesla’s growth has been nothing short of extraordinary. With Donald Trump’s re-election in 2024, Tesla could gain from potential policy shifts favoring domestic manufacturing and energy independence, strengthening its U.S. position.
However, in Europe, Tesla's trajectory has taken a contrasting turn. According to November sales data from the European Automobile Manufacturers’ Association (ACEA), the EV market has shown year-to-date growth. However, Tesla’s sales have declined nearly 14%, weighing heavily on the segment’s overall performance.