The protests are being advertised on BlueSky under the tags “Tesla Takeover” and “Tesla Takedown,” similar to demonstrations held last weekend. At least three dozen events are listed on Action Network’s website, with a banner urging people who own Tesla vehicles or stock in the company to divest, sell their vehicle, and “join the picket line.”
Tesla sales tumbled by 42% in Europe in January and February despite overall EV sales on the continent rising almost 30%.
while "Tesla Takedown" protests are planned across Europe and the U.S. On Monday, Musk said that an overnight fire at a Tesla dealership in Rome that destroyed 17 cars was an act of terrorism ...
Tesla cars, infrastructures and offices have become targets of vandalism in several countries in response to CEO Elon Musk's right-wing activism.
European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grew.
There is some reason for optimism, but the risk of bad news coming also exists. Some of the latter is already priced into the stock, though. Tesla shares have plunged by about 32% year to date. That's after the stock jumped 6.2% as of 11:55 a.m. ET today.
The news followed a quarter in which Tesla's stock fell 36%, its worst quarterly performance since 2022, as protests and boycotts in the U.S. and Europe drove potential EV buyers to look elsewhere. Where to invest $1,
Tesla's sales in key European markets fell again in March, data showed on Tuesday, adding to signs that drivers are shunning Elon Musk's electric car brand as competition from China stiffens and some protest against his political views.