Sales of Tesla’s EVs plummeted in several European countries in January compared to last year, with Spain and France seeing the steepest drops at 75.4 per cent and 63.3 per cent, respectively.
The sales drop brought to a screeching halt Tesla's surging stock, which had soared on the assumption that Mr Musk’s close ties to President Trump would help push through policies favouring his companies.
Despite a last-gasp boost to sales in the fourth quarter – thanks to incentives like zero per cent financing, free charging, and low-priced leases – Tesla failed to recover.
That could prove a problem for Trump] Just when it seemed like things couldn’t get any worse, Mr Musk was accused of giving a “Nazi-style” salute as he delivered a speech during celebrations for Trump’s inauguration.
As Mr Musk has championed far-right parties and figures in Europe, including Germany’s AFD and Britain's Tommy Robinson, his company’s EV sales have taken a nosedive.
