Tesla faces growing challenges, experiencing a decline in sales globally and facing backlash over CEO Elon Musk's association with far-right figures. Musk's political stances have drawn criticism in Europe and the UK, particularly his support for far-right activists like Tommy Robinson. This political controversy appears to be impacting Tesla's market performance, with sales drops in key markets like Germany, Scandinavia, and the UK.
sought to defund portions of the US government, has meanwhile angered left-leaning and centrist political factions in Europe with his embrace of far-right figures.Canned tuna recalled from largest retailers in US over 'potentially fatal' flawMeta lays off 4K workers in performance-based spree — as some claim they received glowing reviews just last year: report
Musk is stirring political controversy in the UK by advocating for the release of far-right activist Tommy Robinson from prison. Perhaps more concerning for Tesla is the downturn in China, one of its most critical markets. January sales fell 11.5% compared to the previous year — while local competitor BYD reported a nearly 50% surge in sales.In the last month, shares of Tesla have fallen 13% — though its stock is still up more than 86% in the last 12 months.
Technology TESLA ELON MUSK FAR-RIGHT SALES DECLINE POLITICAL CONTROVERSY
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