The electric cars market is very dynamic, so those who are today at the top, tomorrow could be in the background and, at all experience, it is more difficult to get out of this background than fall into it, so the letters must be played wisely. As an example we have Tesla, which is one of the best known brands in the electric mobility sector and the one that Europe has turned its back.
The general problems of Tesla
Tesla remains a company that is powerful and innovative, however, faces problems that can endanger its stability as a leader, being one of the most serious the loss of value of its actions. These that knew their highest point in December 2024 before knowing the election of Donald Trump as president of the United States, then entered into free fall.
So much so that, of that date until now, they have lost about 55 % of their share value. On the other hand, its competition, the Chinese company byd, has taken away an important market share especially in the Asian country where the North American company its gigafabrica installed. To this is added the continuous claims for the quality of their cars what has caused a great drop in sales.
Your loss in the European market
Contrary to what we believed, Europe did not stop buying Tesla cars but Its sales fell almost 50 % in the first quarter compared to the equivalent quarter of 2023 To total 36 167 registered cars. This according to the statistics provided by the Association of European Builders of the Auto (ACEA). If we see the numbers of March, the thing is not seen better.
Since this month its sales have dropped 36 % in the year -on -year period since it has only put 184 vehicles on Street (in fact, as an option to avoid bankruptcy, the company has decided to finish off its most emblematic car). But sales in the United Kingdom and those of the European Free Trade Association (AELC) have also collapsed at 37.2 % to 54 020 cars sold.
Speaking only of March, 28.2 % less units were sold than in March 2023 enrolling 28 502 cars. One of the reasons for this loud fall of Tesla apparently It has to do with the tariffs that Donald Trump is applying to Europe. It should be noted that, curiously, the market for electric vehicles in Europe has had an increase of 37 %.
It seems that Elon Musk has made a very late decision
In recent statements, the CEO of Tesla has said that “I think that as of May, my time dedicated to the government Efficiency Department will decrease significantly,” which will do to focus on your electric vehicle company. At the same time he stated that his collaboration will still remain active with the US government.
This support would give it for one or two weekly days and extend until the president considers it. After these statements by Elon Musk, surprisingly, The company’s actions have risen, in the New York Stock Exchange in 3.8 %, According to the North American Bloomberg news platform. He has also said that he will continue to insist so that Trump reducing tariffs.
Conclusion, in reality, more than Europe has stopped buying Tesla cars, its sales have dropped around 50 % (in fact, it was thought that this vehicle would be its consolidation and it has resolved Musk’s greatest failure). In order to focus on the company, the CEO made the decision to separate from the government but it seems that it did it too late, although the actions went up to know the news.
