Elon Musk's political engagements are potentially harming Tesla's sales, which have plummeted dramatically across Europe. Recent data reveals a nearly 60% drop in Germany and comparable decreases in France and Norway, alongside declining figures in the US. The Cybertuck is underperforming as well, with a notable 22% sales drop. Overall, Tesla's net income has decreased significantly from previous years, with stock prices falling in response to concerns over Musk's actions and the impact on the brand's image. Some attribute these issues to a reduction in European EV subsidies, but Musk's public behavior is likely a critical factor.
Tesla’s performance issues are becoming increasingly dire as sales decline significantly across Europe and the US, reflecting a troubling trend for Musk’s flagship company.
Musk's personal brand is perceived to be jeopardizing Tesla's reputation and sales due to his controversial political involvement, leading to a serious downturn.
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