French companies are boycotting Tesla due to Elon Musk's political statements, leading to a significant decline in sales across Europe.
French companies fight against Elon Musk
French companies are expressing dissatisfaction with Elon Musk's support of Donald Trump and his statements. Romain Roy, vice president of Orléans Métropole, canceled the purchase of Tesla vehicles for his fleet. "Last year, we ordered 15. After Musk's speeches featuring Nazi gestures, ecology went out the window," he comments.
Tesla's decline and global protest
The protests against Musk extend beyond France, spreading throughout Europe. In China, competitor BYD is gaining customers disillusioned with Tesla. Vandalized charging stations and cars with stickers saying 'I bought this car before Elon went crazy'—the damage to the company's image is evident.
Donald Trump: The impact of toxic support
In the US, protests against Tesla have become routine. Dealerships are stormed, cars are set on fire, and mass protests are commonplace. Attempting to salvage the situation, Trump tries to turn the White House gardens into a Tesla showroom. Reports state protests took place at nearly 100 Tesla dealerships in the US, with 80 more planned.
The global boycott and Tesla's stock decline pose significant challenges for Elon Musk. Investors are deciding whether to stick with him or follow the clients in rejecting the brand.
