Bloomberg Businessweek Tesla Sales Fall 45% in Europe Amid Musk’s Meddling in Politics
18 snips
Feb 25, 2025 Craig Trudell, Bloomberg News Global Autos Editor, reveals why Tesla's sales have plummeted 45% in Europe, highlighting fierce competition and Musk's political endeavors. Paul Eitelman from Russell Investments shares insights on the broader market outlook and investment opportunities amidst economic uncertainties. Abby Roach analyzes Home Depot's earnings amid consumer confidence shifts. Jess Melanson discusses EV impacts on the power grid, emphasizing AI's role in energy distribution. Louis Navellier explores market trends and strategies for growth investments.
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Tesla's European Decline
- Tesla's sales plunged 45% in Europe, while competitors thrived.
- This raises questions about Tesla's brand and Musk's political stances.
Musk's Political Influence
- Elon Musk's political engagements, including supporting the AFD in Germany and criticizing UK politicians, are raising eyebrows.
- This behavior might impact Tesla's brand image in Europe, where political views differ from Musk's.
Musk's Absenteeism?
- Despite a recent drop, Tesla's shares are still up since the election.
- Concerns arise about Musk's divided attention between Tesla and his political involvements.
