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Tesla is not ascending when it comes to trials and tribulations.
The CEO of Tesla, Elon Musk, has obtained the praise and equal criticism of his unexpected nature. As a result, the price of Tesla has increased and sold several times over the past decade.
Illon Musk supporters apparently indicate his success in the era of the electric car. His opponents complain of failed promises of time tables to launch independent models and vehicles.
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Recently, the Musk spending for hundreds of millions of dollars to support President Trump’s election and the leadership of the Ministry of Government efficiency, or Doug, an organization in the executive branch charged with cost reduction costs, made the debate more controversial.
Musk’s move to politics has thwarted many Tesla fans for a long time, causing sales in the main markets in Europe, China and countries like California to stumble.
Low demand for Tesla cars and questions about Musk’s dedication in Tesla, among many of its ongoing projects, contributed to the huge sale of the price of Tesla. Since its highest level in December, Tesla shares decreased by almost 50 %.
Tesla trench shrinking
Timing ((Timing)) Success in Elon Musk’s decision is rooted in focusing their electric cars on performance. Instead of creating and marketing environmentally friendly cars, musk designed luxury cars to compete with Mercedes -Benz, BMW and Porsche.
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The first performance strategy has made signs by celebrities and speed lovers, leaving competitors like Ford and Granur Motors who were discovered.
This trench, however, may have disappeared.
Almost every global car company, including the three large Detroit, has invested billions of dollars in the development of high -end EVS. Many offer a similar performance and can be said that it is better than Tesla.
It is not surprising that this has affected the share of the electric car market in Tesla, and the polarized political position in Musk does not help.
Sales in many major markets have been exposed to nose, including in China. In February, the China Automotive Association for Passengers stated that TESLA sales in bulk, including exports and retail sales, decreased by 49 % on an annual basis. In general, Tesla has sold 30,688 new energy vehicles (NEVS) in China, which is the lowest number of cars that have been sold more than two years ago and much less than 31,8233 vehicles sold by Chinese EV BYD.
Tesla gets more disappointing news from Europe.
The decrease in sales does not seem to have ended.
On April 1, the French Auto plate Association said that Tesla vehicles recorded were 3,157 in March, a decrease of 37 %.
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For perspective, the total EV records in France decreased only 15 %, indicating that Tesla has lost a large share in the country in the country. France was traditionally the second largest European market in Tesla behind the United Kingdom.
Tesla’s demand continues to decline in anxious direction. French records decreased by 26 % and 63 %, respectively, in February and January.
In general, in the first quarter, Tesla’s share in France decreased to 1.63 % from 2.55 % a year ago.
The German Federal Transport Authority previously reported that Tesla sales collapsed by 76 % in February to 1429 cars, despite an increase of 31 % in electric car recordings.
It is not just Europe, this is a problem.
Tesla sales fell 1 % in 2024, the first annual decrease in more than a decade. The Tesla units, which were sold only by 2.3 %, increased in the fourth quarter, while the total EV units increased by 15 %, according to the COX/KBB sales report EV.
Meanwhile, Ford EV sales increased by 16 %, Cadillac, GMC, and Chevrolet all achieved EV growth to more than 100 %.
Of course, the decrease in Tesla shares this year may have already been priced in many recent sales declines.
To date, the price of the Tesla share is looking for the disappointing European sales news, increasing by 5 % in the middle of the day before updating the delivery operations on April 2.
However, investors will want to see these trends soon settling on the conviction that the worst is behind the company.
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