Tesla’s Crisis Deepens as Elon Musk’s Politics Spark Outrage | Firstpost Tech & Trade | N18G

Tesla’s Crisis Deepens as Elon Musk’s Politics Spark Outrage | Firstpost Tech & Trade | N18G

Tesla is in crisis—sales are plummeting, protests are spreading, and investors are panicking. In Europe, Tesla’s sales crashed 76% in Germany and 45% in France. In Australia, sales have dropped by 71% in February, while China-made Tesla sales plunged 49% globally. Meanwhile, Elon Musk’s growing political ties—his role in Trump’s administration and support for far-right parties in Europe—are damaging Tesla’s brand, sparking protests across the U.S. and Europe. Tesla’s stock has tumbled, and as Chinese automaker BYD surpasses Tesla in global EV sales, competition is forcing Tesla into price cuts, squeezing profits. Now, Musk is betting big on India to save Tesla, but will it be enough? Or has Musk himself become Tesla’s biggest risk? Watch now to find out more

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