The electric car company Tesla, of which Elon Musk He is the owner and CEO, he suffered A 10% drop in the stock exchange. Its market capitalization has fallen below $ 1,000 billion, a share it had maintained for many months. The collapse was caused by very negative data on sales in Europe, but it has not recently begun.
A part of Tesla’s problems are due to Elon Musk. Its media exposure due to the proximity to President Trump and his political extremism are damaging The reputation of his companyafter for weeks they seemed to have made it immune even to the worst economic results of its history.
Tesla collapses on the bag
The title of Tesla has lost a tenth of its value in the early hours of the session of February 25 of the American stock exchange. Since the beginning of the year, after these results, Elon Musk’s company has lost almost a quarter of its value. The Elon Musk effect in the White House has completely returned and the bad economic results are starting to have serious repercussions.
In particular, Tesla’s management is concerned about the situation in Europe. In January in the European Union, the United Kingdom and in the other countries of the old continent, the enrollments of the company’s electric cars are 45% collapsed compared to 2024, going down under 10 thousand units. Even the market share, the percentage of Tesla cars on the total of those sold, has almost halved, to underline how this decline is not related to the difficulties of the automotive market.
Musk, from resource to problem
For Tesla these negative data are not new. Already in December the European market gave signs of weakness and 2024 recorded a Sales of sales globally For the first time in the history of society. However, these data had never affected the company’s stock exchange, which seemed immune to the uncertainties on the company’s business model.
To protect it was Elon Musk And its proximity to Donald Trump. Investors, between November and January, were very generous in giving credit to the position of the South African billionaire as a councilor of the President of the USA and head of the Doge. However, his recent behavior has cracked this relationship.
From the gesture similar to a Nazi greeting from the stage of the inauguration of Trump toInterference in the German elections In favor of the far right, Musk seems to have become a problem, more than a resource, for its companies, also given that the collapse of sales in Europe came immediately after its ascent to power in the USA.
Competition brakes Tesla
Musk’s behavior is not Tesla’s only problem. For years the company has thrived in a market almost without competition. Electric cars almost did not exist on the market before the Elon Musk company revolutionized the segment.
Now the competition abounds. Chinese companies, Byd At the head, they occupied the market at home by putting Tesla in difficulty and are about to try to do the same in Europe. Traditional car manufacturers, although frightened by the automotive market crisis, are establishing electric ranges that threaten the market shares of the Musk company.
Meanwhile, Tesla hasn’t launched a new car model for almost six years. The latest product was the pick-up Cybertruck, whose sales have been largely lower than expectations. The management has announced a plan for a new car in 2025, but Musk continues to concentrate on other projects, such as robotaxi.
