Tesla sales are plummeting in major EV markets due to growing opposition to CEO Elon Musk. A recent incident where Musk mimicked a Nazi salute at President Donald Trump’s inauguration event sparked widespread outrage, causing some customers to sever ties with the brand. Tae Helton, a car enthusiast from California, was among those who cancelled his plans to buy a second Tesla after witnessing Musk’s gesture. As protesters and vandals target Tesla stores, the company faces an unprecedented backlash that threatens its sales momentum in key markets.
Source: https://www.bloomberg.com/news/features/2025-02-26/tesla-sales-plunge-as-anti-elon-musk-backlash-takes-hold