Shareholders Aren’t Powerless
0Tesla is in trouble in Europe.
Tesla sales are in free fall in Europe right now. Last month, Norway—where EVs overtook internal combustion vehicles in total market share in 2024—recorded a biting 37.9 percent slump. At the same time, Tesla sales in France fell by a thumping 63.4 percent. And it gets even worse: In Spain, Tesla sales plummeted by 75.4 percent.
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“I went so far as to test drive a Tesla in 2023, but at that time, [Musk’s] purchase of Twitter was complete, and I saw what he was doing to the platform,” says [Matthew] Hiller [who sells anti-Tesla merch]. “Skewing the algorithm to favor alt-right voices, promoting disinformation, banning people he didn’t like. Using his influence to wade into politics really turned me off buying a Tesla—it’s a MAGA hat on wheels.”
On the other hand, there’s a lot more going on here, at least in Canada.
Nationwide sales of Teslas were down 70 per cent between December 2024 and January 2025. Meanwhile, sales of all zero-emission vehicles (ZEVs), which include both battery-powered and plug-in hybrids, were down even more — 79 per cent, according to S&P Global, which provided the Star with a preview of ZEV sales numbers that have not yet been made public.