(Bloomberg) -- Tesla Inc.’s sales plummeted 59% last month in Germany, adding to indications that Chief Executive Officer’s Elon Musk political activities are hurting the carmaker’s business in major electric vehicle markets.
The US manufacturer registered only 1,277 new cars in January, its lowest monthly total since July 2021, according to the German Federal Motor Transport Authority.
Tesla lost substantial ground in an EV market that was up 54% for the month. Musk’s intervention in Germany’s upcoming federal election likely factored in the result — a poll taken in mid-January found the CEO was viewed unfavorably, and that his political interventions were unwelcome.
Let's see. Europeans hate Musk's guts. Tesla cars are no longer viewed as status symbols there, but nazimobiles. MAGA apes are definitely not gonna replace green-minded California libs as Tesla's core customer base in the US. Chinese market is now more important than ever for Tesla !
If I am China I would convey to Musk that his business interests in China might be targeted, unless he fully obeys. Musk has displayed insubordinate attitude lately. He went against Chinese interests in Latin America and has belittled DeepSeek. Time to remind him of who's the boss !
