Tesla is facing a significant crisis as boycotts surge and shares plummet. Controversial political stances from Elon Musk have alienated consumers, leading to drastic sales declines across Europe, particularly in Germany, the Netherlands, and Sweden. This turmoil is compounded by increasing competition in the electric vehicle market and public protests against the brand's leadership.
Tesla is facing a significant boycott fueled by public dissatisfaction with CEO Elon Musk's political affiliations and actions. Protests in Canada and the UK showcase a growing movement against the brand, leading to declining sales and market challenges. With recent stock plummets and withdrawals from rebate programs, the future of Tesla hangs in the balance as ethical concerns come to the forefront.