Nothing has been going well for Tesla in recent months, specifically since Elon Musk was appointed by Donald Trump, the 47th President of the United States, to lead the “Department of Government Efficiency (DOGE).” With this new ministry, Musk and Vivek Ramaswamy, the Republican entrepreneur, aim to cut costs in the U.S. administration. However, what truly “set things ablaze” across the Atlantic and beyond was Musk’s alleged, yet highly controversial, Nazi salute during Donald Trump’s inauguration as President on January 20, 2025. Beyond these actions, which have been widely criticized, Tesla has lost approximately $800 billion in market value since December.
The future of Tesla in the electric vehicle market :
What lies ahead for Tesla, the American electric car manufacturer that has long driven the global EV market through its sales? This question looms larger every day. In fact, as of yesterday, at the close of trading on the New York Stock Exchange (Wall Street), the share price of the American auto giant plummeted by 15.43%, reaching $241.30—a figure unseen since 2020. As mentioned earlier, Tesla has lost $800 billion in market capitalization since December 2024.
Tesla sales decline sharply in Europe :
In Europe, Tesla’s sales are significantly declining. In January 2025, according to official figures released by the ACEA, Tesla sales dropped by a staggering 50.3%. Naturally, this has negatively impacted Tesla’s performance on the stock market.
Attacks on Tesla and electric vehicles worldwide :
Lastly, in the United States and abroad—including in France, such as in Haute-Garonne in early March—attacks have been launched against Tesla electric cars, dealerships, and charging stations (Superchargers). Anti-Elon Musk activists aim to destabilize the Tesla CEO, but it is the employees at these Tesla outlets and owners of American EVs who bear the brunt of these actions, which we strongly condemn.
The editorial team
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