Tesla’s sales dropped nearly 60% in January in Germany compared to the same period last year, and the same thing is happening throughout Europe. The two main reasons are believed to be the introduction of the new Model Y and the disapproval of Tesla CEO Elon Musk and his meddling in politics, which is especially not appreciated in Europe
Obviously, Tesla will use the Model Y transition as an excuse, and there’s some truth to it. However, Tesla was transitioning the Model 3 around the same time last year, which also negatively affected 2024 sales
Source: Electrek: Read The Article
PSR Analysis: The real question here is whether or not this is a one month blip, or is this a trend developing. The concern for Tesla is that they are suffering because of Elon Musk, and not just in Europe. There is strong evidence of this happening in USA and Canada, too.
Guy Youngs is Forecast & Adoption Lead at Power Systems Research