Reported 3 days ago
Tesla is experiencing an unprecedented decline in sales, experiencing its first-ever drop in global sales last year, with a notable decrease in US sales and shifting consumer loyalty, particularly in Democratic-leaning states. While the company's CEO Elon Musk's political involvement has sparked speculation about its impact on sales, market experts suggest that factors like increased competition and changing consumer preferences may play a more significant role. Overall, there is mixed evidence of whether Musk's polarizing political stance is affecting Tesla's market performance.
Source: YAHOO