Elon Musk in the crisis: falling Tesla numbers and political turbulence!

Elon Musk in the crisis: falling Tesla numbers and political turbulence!

Elon Musk's controversial politics has devastating effects on his assets and the sales figures in his Tesla electric vehicle brand. Since December 2024, Musk has lost astonishing $ 100 billion, such as "https://www.bluewin.ch/de/news/wirtschafts-boerse/minus-100-milliarden-vermoegen-Sconsumenten-Strafen-musk-ab-ab-ab-tml"> Blue News . The main reason for this dramatic decline is the falling sales figures in Europe. In January and February, 45 percent fewer Teslas were sold there than in the previous year, while demand for electric cars, according to Bloomberg, rose sharply. The Tesla shares are in free fall, which also shows by the recent decline of 8 percent on February 25th.

The consumers show their resentment, not only through falling sales figures, but also through publicly effective actions: celebrities like the US singer Sheryl Crow, publicly sell their Teslas, while in different countries, including Poland and Malaysia, boycott calls. In London, anti-tesla groups even go so far as to take over advertising space for counter-advertising. These reactions are not surprising, because Musk's controversy extends to his political views to his positioning in the leading team around Donald Trump, which has led to a sensitive loss of image. OTS describes that consumers are consciously booy-kotting, which may show a sustainable tendency this time.

episodes for Musks company

The political direction of Elon Musk not only has negative effects on the sales figures, but also on the general perception of its brands, Tesla and X. The effects are noticeable because sales in Europe have decreased dramatically. Investors also seem to lose their confidence in the company, despite the fact that the stock rose by 52 percent in the last year of trading. The situation is additionally illuminated by the commitment of Musk into a controversial political agenda that causes an auction among consumers and thus also puts its financial status in danger.