Summary
Tesla’s registrations in France dropped 63% in January, their lowest since August 2022, far outpacing the broader total EV sales’ 0.5% decline.
Tesla registrations across EU countries fell 13% last year, with Germany accounting for much of the decline.
Sales in Germany, Tesla’s biggest European market, also fell 41% last year due to an aging lineup, competition, and subsidy cuts.
CEO Elon Musk’s political involvement, including support for Germany’s far-right party, may be affecting demand.
Until recently, I think I’d have given them a shot if Musk was 100% removed from the company, not by his choice. Now, Tesla is synonymous with a Nazi. That taint will last decades if they were to drop him right now, but I will never give them a penny.