Auto Ta Giant sold less than 10,000 units in Europe last month, below 45 percent of a year ago.
The fall in Tesla stock price was drawn below $ 1 trillion for the first time since November 2024.
Musk President Donald Trump’s administration has played the role of controversial adviser, which is accused of reducing government spending.
He has also given strong support for Europe’s far-right political leaders-recently spreading criticism of European politicians, including German elections.
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2024 U.S. Tesla’s stock prices rose following the presidential election, investors stated that the proximity of Trump’s Musk could help his companies successful.
Europe’s weak sales figures seem to have punctured those optimism – at least for now – and what may be popular in the United States, in fact, the success of the company may be harmful elsewhere.
Along with its European conflicts, Tesla also faces rigorous competition from automakers like BYD in China – the main market for electric vehicles.
Earlier this week, the company announced that it would start offering advanced self-driving tasks for its cars in China, BYD said it would introduce self-driving technology for almost all its vehicles.
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