InfoAfrik.com

Reliable Africa & Global News…

Tesla sales almost halve in Europe as Musk faces criticism over Trump ties

Tech billionaire, a close adviser to the US president, is a vocal supporter of Germany’s far-right AfD party

Business live – latest updates

Sales of new Tesla cars almost halved in Europe last month, indicating waning demand for the US carmaker’s vehicles as its chief executive Elon Musk intervened repeatedly in the politics on both sides of the Atlantic.

The Texas-based carmaker sold 9,945 vehicles in Europe in January, down 45% from last year’s 18,161, according to data from the European Automobile Manufacturers’ Association (ACEA). Tesla’s share of the market dropped to 1% from 1.8%.

Continue reading…

About Author

Subscribe To Our Newsletter