Tesla, Elon Musk
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While the protests are slated to continue, Musk has far more serious problems on his plate. Among the biggest concerns is a huge drop in sales, which can partially be blamed on his politics.
Tesla's European sales fell sharply last month, dropping 49%, based on data from the European Automobile Manufacturers' Association.
13hon MSN
Tesla shares rose this week, despite data showing that the EV company's sales in Europe nearly halved last month.
Catching up to Waymo won't be easy because it has partnered with Uber Technologies, which operates the world's largest ride-hailing network with 170 million monthly users. It could take Tesla years to achieve that level of scale, especially if it builds its own mobility network from scratch.
Musk intends to work his way out of this bind by focusing on Tesla’s new and disruptive projects: the Optimus robot and the robotaxi, which Musk just confirmed will take to the streets of Austin in June. There too, Tesla faces headwinds.
The numbers are the latest indication of how much the vehicle brand is suffering because of the backlash against its billionaire CEO and his far-right views.
Tesla sales across Europe plunged by half last month even as growth in the electric car market picked up pace, signaling backlash against CEO Elon Musk runs deep. (Resent to correct headline to change to Tesla’s sales halved,
Plus, MAGA science cuts fuel an American brain drain, Trump’s top meme coin investor gets a golden gift, and the president goes Apple-picking.
A quarter of Europe-based firms banned Grok AI because it is reportedly spreading false claims, particularly about historical race.
Elon Musk exits the White House, leaving investors hopeful that he will renew focus on his companies, Tesla and SpaceX. Mr. Musk gave nearly $300 million in contributions to the U.S. presidential election campaign.
Tesla sales across Europe plunged by half last month even as growth in the electric car market picked up pace, signaling backlash against CEO Elon Musk runs deep.
U.S. President Donald Trump said on Friday that billionaire Elon Musk will remain a close adviser, even after the Tesla CEO departs the administration following a chaotic four-month tenure that saw him disrupt dozens of foreign agencies in his effort to slash government spending.