How Elon Musk cost Tesla the European market

Forumul Economic Mondial de la Davos

Elon Musk turned from business to politics in the early months of Donald Trump's presidency and also backed European far-right parties; now the blowback is killing his car business on the continent. The company dominated the electric vehicle sector for over a decade, consistently coming out as the No. 1 battery-powered brand in Europe. But its sales crumbled in 2025, fueled by a consumer backlash at Musk's politics, increased competition from China and an aging vehicle lineup. The numbers are

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How Elon Musk cost Tesla the European market https://www.politico.eu - 29.01.2026 03:10

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How Elon Musk cost Tesla the European market https://www.politico.eu - 29.01.2026 03:10