Tesla Kriselt: Course slip after Trump victory and 45% less sales!

Tesla Kriselt: Course slip after Trump victory and 45% less sales!

Österreich - The Tesla share prices recorded a drastic decline after Donald Trump's election victory. On Wednesday, the course fell by 8.5 percent to $ 302.39 and thus to the lowest level since the beginning of November. As a result, the company's market value dropped under a trillion dollar. From new data from the European Automobile Manufacturers Association (ACEA), it shows that Tesla's sales in Europe dropped by 45 percent in January, while sales of all electric vehicles rose by 37 percent in the same period. Despite this decline, Tesla in Austria remained the leading brand under the electric car, according to a report by krone.at .

Analyst Dan Ives from Wedbush Securities expressed that the negative perception of Musk probably contributed to a decline in sales of 10 to 15 percent in Europe due to its political orientation and the associated controversy. He explained metaphorically that it feels like giving mustard on pizza - a combination that simply does not match. This quote emphasizes the difficulties that Tesla has in the current political and economic landscape, as well as from reported.

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