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Tesla stock is under fresh pressure after its European sales plunged by 49% in April 2025, even as overall EV demand rose.
Sales of the firm’s vehicles tumbled 49 to 7,261 in April from 14,228 in the same month the previous year, figures suggest.
Tesla's brand is the focus of a backlash against CEO Elon Musk for his political views and involvement with President Trump's DOGE.
Danish construction firm Tscherning has divested its entire Tesla fleet, citing Elon Musk's political stances as the primary ...
Scott Galloway criticized Elon Musk’s political entanglements with President Donald Trump, calling Musk’s involvement with DOGE "one of the greatest brand destructions" in history.
In a significant move reflecting growing unease over Elon Musk's political engagements, Tscherning, Denmark's leading ...
The Danish company shared an update on LinkedIn with a post titled "Tscherning changes gears and drives in a new direction." ...
Elon Musk's political views are impacting Tesla's brand image, leading to corporate backlash in Europe. Danish company ...
Tesla dethroned as fast-rising EV brand surges ahead in major shakeup: 'Best value EV on the market'
Tesla had cornered the EV market for years. However, this may no longer be the case for the European market. According to data from Reuters, "Quarterly sales were down 41.1% in France, 55.3% in Sweden ...
Sweden, once a promising market, saw Tesla sales fall more than 80 percent in April. The Netherlands and Denmark weren’t far behind, with drops of 73.8 and 67 percent, respectively. France ...
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