Tesla sell-off gains steam
Shares of Tesla tumbled more than 9% in its fourth straight day of declines, after its sales cratered by 45% last month across Europe, according to data released Tuesday.
It’s the latest sign CEO Elon Musk’s high-profile political stances, including boosting Germany’s far-right, nationalist, anti-immigrant — and many Germans say fascist — party could have real costs for the firm.
Tesla shifted just 9,945 new cars across the EU, EFTA, and the UK in January — down from 18,161 for the same period last year.
Tesla shifted just 9,945 new cars across the EU, EFTA, and the UK in January — down from 18,161 for the same period last year.