Tesla cars, infrastructures and offices have become targets of vandalism in several countries in response to CEO Elon Musk's right-wing activism.
Lucid Group Inc (NASDAQ: LCID) is seeing a sharp increase in orders as “negative feelings about Elon Musk” continue to make people “look for an option to not continue having a Tesla.
Tesla's new car sales rose 34% in March from the same month in 2024 to 1.983, registration data released by industry group ANFAC showed on Tuesday, though the company's sales during the whole quarter fell 12%.
Tesla's sales in the Netherlands almost halved in the first quarter of 2025 from the year earlier period, data showed on Tuesday.
Tesla sales tumbled for a third month in France, according to data released a day ahead of the electric vehicle maker's quarterly report on deliveries.
Tesla's sale of new cars in Denmark fell by 65.6% in March from the same month a year ago to 593 vehicles, registration data from Mobility Denmark showed on Tuesday.
The first quarter of 2025 is shaping up a lot like the first quarter of 2024 for the EV maker's investors.
With shares down 35% year to date, many Tesla (TSLA -1.29%) investors have decided that Trump's election victory isn't the windfall they expected. The company is reeling from slowing international sales due in part to CEO Elon Musk's political involvement in the new administration.
New car registrations in France fell 14.54% in March from a year earlier to 153,842 vehicles, data from French car body PFA showed on Tuesday.
Tesla's stock plummeted 36% in the first three months of the year, its steepest drop since 2022 and third-biggest decline for any quarter on record. The company has seen declining new vehicle sales and faces concerns surrounding President Trump's tariffs as well as protests related to CEO Elon Musk's role in the administration.
A push into politics and close relationship with President Donald Trump could be hurting the favorability rating of Tesla Inc TSLA CEO Elon Musk and also hurting the electric vehicle brand.
The introduction of tariffs on foreign-made cars in the US by president Donald Trump will cause “pure chaos” for the global auto industry, analysts at Wedbush have warned. More details on Trump's auto tariffs are expected this week.