Summary

Tesla is facing a steep global sales decline, with drops of 63% in France, 59.5% in Germany, and 11.5% in China.

Analysts attribute this to growing competition, economic concerns, and backlash against Elon Musk’s support for Donald Trump.

Investors worry about potential tariffs from the Trump administration, which Tesla admits could impact its supply chain and profitability.

The company has not released a new model since late 2023, and Tesla stock has fallen from $480 in December to around $350. Some investors call this a “Trump-lash” against Musk and Tesla.

  • Ben Hur Horse Race@lemm.ee
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    1 day ago

    Top Two Reasons to Not Purchase a Tesla EV:

    1. Company run by man who recently openly did the ol’ zieg heil and is helping a monster who led a violent insurrection perform a digital, soft coup from within the halls of power

    2. Won’t work with my fucking iPhone, and buddy, I love this here iPhone