You can read the full story of Tesla's historic decline under Musk here: www.independent.co.uk/tech/tesla-e...

Tesla’s falling sales have impacted profits, which were down 71% in the first quarter of the year compared to the same period last year. It was the third consecutive drop in net income for Tesla, tumbling from $3.3 billion in the first quarter of 2022, to $409 million in the first quarter of 2025

This is reflected in the firm’s sales figures for Europe, which fell in nearly every country between January and March this year. Only the UK saw growth, but this anomaly was addressed in April, as sales fell by 62%. This bucks industry trends, which have seen booming EV sales throughout the world

The drop in sales comes from a combination of increased competition and an increasingly toxic brand. Relations may have recently broken down with Trump, but Musk’s continued support of far-right politicians in Europe continues to taint the carmaker for many EV enthusiasts