Plummeting 60%! Tesla's European sales face a Waterloo

Wallstreetcn
2025.02.06 06:24
portai
I'm PortAI, I can summarize articles.

Analysis suggests that Tesla's recent setback may be due to intensified competition in the European electric vehicle market, high inflation pressures, and declining consumer confidence. At the same time, Elon Musk, as Tesla's CEO, has played a significant role in the unpopular Trump administration in Europe and has recently made statements on political issues in Germany, which may also affect the brand image