INSUBCONTINENT EXCLUSIVE:
Teslas downward spiral is becoming a thrashing, with its share of European electric vehicle sales falling by 58 percent in the very first 2
months of this year, dropping from 18.4 percent in 2024 to 7.7 percent for the same duration this year, according to data from JATO
Dynamics, an auto consulting firm.Instead, Chinese EV brand names sold almost 20,000 automobiles in Europe last month, far surpassing Teslas
15,700 units.The American EV company is facing a worldwide backlash, fueled by ire at CEO Elon Musk and his actions as a key consultant to
President Donald Trump, Politico reported on Monday.In Europe, Germany is leading the charge in rejecting Tesla, which has among its
gigafactories outside Berlin
Thats been fueled by a backlash versus Musk after he spoke at a rally for the far-right Alternative for Germany party ahead of the February
snap election.More than 94 percent of respondents to a recent survey of 100,000 Germans stated they would no longer buy a Tesla.The high
fall in Teslas market share comes as EV sales rebound; European electric cars and truck sales this February were 164,148, a 26 percent boost
compared to the same month last year.European brands make up the bulk of EV sales on the continent, however Chinese EV makers are gaining
ground, regardless of the duties the Commission slapped on made-in-China electric vehicles last year.BYD, the worlds largest EV
manufacturer, saw 4,400 lorries signed up in February, a 94 percent year-over-year boost.
