this post was submitted on 25 Mar 2025
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Economics

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Summary

Tesla's European sales fell nearly 45% in February amid backlash over Elon Musk's political ties to Donald Trump and controversial actions, including support for Germany's far-right AfD party.

The company sold fewer than 16,000 cars, dropping its market share to 9.6%, the lowest February figure in five years.

Meanwhile, Chinese rival BYD reported global revenue of $100 billion, surpassing Tesla. Volkswagen and BMW also saw significant EV sales growth.

Analysts attribute Tesla’s decline to both political controversy and a Model Y update.

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[–] [email protected] 1 points 1 week ago

Couldn't happen to a nicer guy.