Tesla faces declining customer interest and significant sales drops
Tesla is facing significant challenges as customer interest declines. Many former supporters feel the brand no longer aligns with their values, particularly due to Elon Musk's association with Donald Trump's policies. This shift has led to protests and a drop in sales. In February, Tesla sales fell sharply in key markets, including a 76% drop in Germany and a 72% decline in Australia. The company is also losing ground in China, where shipments fell 49%. Despite these issues, Musk remains committed to his political stance. Tesla's stock has dropped over 41% this year, reflecting these challenges. As competition increases and customer loyalty wanes, the brand's future remains uncertain.