Tesla’s EU Sales Plunge By 49% In First 2 Months Of 2025

Tesla’s electric vehicle sales in Europe dropped by 49% in January and February 2025 compared to the same period last year.

This is according to data released by the European Automobile Manufacturers’ Association (ACEA) on Tuesday, and the world has been reacting.

While the decline is partly attributed to ageing models, industry analysts suggest that some electric vehicle buyers may also be boycotting Tesla due to CEO Elon Musk’s political stance.

Musk, a vocal supporter of Donald Trump, has drawn criticism since taking charge of the newly established Department of Government Efficiency, which is leading an aggressive cost-cutting agenda.

Amid the controversy, Tesla dealerships across the United States have been vandalized in recent weeks, and the company’s stock price has taken a significant hit.

WOW.

Elon Musk FRS is a business magnate, industrial designer and engineer. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He was elected a Fellow of the Royal Society (FRS) in 2018. Also that year, he was ranked 25th on the Forbes list of The World’s Most Powerful People, and was ranked joint-first on the Forbes list of the Most Innovative Leaders of 2019. A centi-billionaire, Musk became the richest person in the world in January 2021.

Elon Reeve Musk was born on June 28, 1971, in Pretoria, Transvaal, South Africa. His mother is Maye Musk (née Haldeman), a model and dietitian born in Saskatchewan, Canada, but raised in South Africa.

His father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer.