Tesla’s electric vehicle sales have declined significantly across the globe, including in the US, Europe, and China, amidst growing protests against CEO Elon Musk. In January, new US registrations fell 11% compared to last year, while Ford’s EV sales rose by 54%. The automaker remains dominant in the US market but faces a challenging period due to declining sales and criticism of Musk’s actions.
Musk has been at the center of controversy over his attacks on European leaders and endorsement of the German far-right party AfD. His work on cutting the federal workforce with the White House DOGE office has also sparked protests across the US, leading some Tesla owners to sell their vehicles. In some states, Tesla dealerships have been vandalized or targeted by arson.
In China, Tesla’s sales plummeted 49% in February, with local EV rivals like BYD further putting pressure on the US automaker. The company’s share price has dropped by over 50% since mid-December, as investors express concern over declining sales and Musk’s increasing focus on DOGE.
Despite its dominance in the US market, Tesla faces significant challenges ahead, including a decline in global sales and growing criticism of Musk’s leadership style. As the “Tesla Takedown” movement continues to gain momentum, it remains to be seen how the company will address these issues and restore public trust.
Source: https://www.businessinsider.com/us-latest-place-tesla-sales-plunging-elon-musk-2025-3