Elon Musk’s EU Policies Harm Tesla Sales and Revenue

European automakers face hefty fines for not meeting CO2 reduction goals. To avoid these penalties, they can team up with companies that meet EU demands, a strategy Tesla has exploited to great success. The electric vehicle company has made billions from emissions deals, including a 54% year-over-year increase in 2024, but its sales and revenue are suffering as a result of Musk’s meddling in European politics.

Source: https://www.politico.eu/article/tesla-plummeting-sales-risk-emissions-credit-earning