Those details emerging, along with a general downward trend beforehand, saw the Tesla share price plummet more than eight per cent on Tuesday, dropping the market capitalisation of the organisation below one trillion dollars (£790bn) and to its lowest point since two days after Donald Trump won the US election.
There is not always a definitive statement or reasoning as to why consumers may choose one brand over another of course, but the significant drop in sales after Mr Musk congratulated a German right-wing political party and accused UK prime minister Keir Starmer of covering up grooming gangs scandals may be indicative of people making their choices accordingly.
Tesla sold fewer than 10,000 vehicles across Europe in January, which marks a fall of a massive 45 per cent compared to a year ago when they sold over 18,000, reports the European Automobile Manufacturers’ Association (ACEA).
The company’s share of the market also almost halved, from 1.8 per cent down to one per cent.
But while new battery-electric car sales grew by just over a third (34 per cent) last month, Tesla sales are headed the other way.
