Source: CNBC
“European sales of Tesla vehicles plunged in April, as the U.S. electric car maker continues to face reputational damage regionally and rising competition. Tesla sold 7,261 cars in Europe in April, down 49% year on year, according to the European Automobile Manufacturers’ Association, or ACEA. That drop came even as overall battery electric car sales rose 34.1% annually in April. Tesla has faced brand damage over the past few months because of CEO Elon Musk’s political involvement with U.S. President Donald Trump, with protests erupting at Tesla dealerships across Europe in March. Tesla sales tanked nearly 40% year on year over the January-April period.” (05/27/25)