In response to Musk’s prominent role in the Trump administration, people are protesting outside of Tesla showrooms, getting rid of their Tesla cars simply not buying them in the first place. Many people no longer want to be associated with Tesla and its divisive CEO,

Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.

Tesla's sales are off to a dismal start in Europe in 2025. Is Elon Musk’s politics to blame and should you sell your Tesla shares?

Sales of Tesla vehicles tumbled 45% in Europe last month, even as the overall EV market picked up in the region. The stock closed 8% lower on Tuesday.

While the new car market for EVs surged by 37% in January across Europe, Tesla’s share dwindled as sales dropped by almost half.

Tesla's Scandinavian sales fell sharply in February from a year ago, eroding its market share as the electric vehicle maker faces a test of brand loyalty amid CEO Elon Musk's role in U.S. President Donald Trump's administration.