6d ago

Tesla sales plummet in France amid Musk’s support for European far-right parties.

Sales of Tesla cars slumped in five European countries in January, but the decline has been particularly sharp in France – with a drop of 63 percent.

Sales of Tesla cars slumped in five European countries in January, but the decline has been particularly sharp in France – with a drop of 63 percent.

5d ago

Tesla sales plummet in France amid Musk’s support for European far-right parties

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"He's doing a great job, we should give him another $56 billion" -- Tesla board members.

One explanation for the decline is Tesla's failure to launch a new mainstream model since the Model Y in 2021. Meanwhile, its European and Chinese rivals have brought out a range of more affordable products, better adapted to local preferences.
France has also decreased subsidies for EV purchases, making Tesla's premium models far less affordable.