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That’s why Tesla is in crisis in Europe

by Priya Shah – Business Editor

Tesla Sales Plummet in Europe⁣ Amidst Production Issues, Musk Controversies, and Shift to⁣ Robotics Focus

Berlin -​ Tesla is facing a significant crisis in​ the European market, with sales of its Model ‍Y – previously the regionS most popular electric ⁣vehicle – dropping 37% in August compared to the same period last year. This downturn comes ‌as the‍ company grapples with postponed electric car progress, quality control concerns, and a damaged brand​ image linked to CEO ‍Elon Musk’s​ controversial statements and ventures.

The decline isn’t simply a ‍production hiccup. While Tesla initially attributed lower numbers to changes‍ related to the new Model Y version, ⁢those effects have subsided without⁣ a corresponding sales recovery.Simultaneously, Musk’s public support for right-wing extremist groups like ‍the AfD, including a widely⁢ criticized “Hitler ‍greeting” provocation, and his perceived alignment with Donald Trump‌ have alienated a growing segment of ‌potential buyers.‌ For many, a‌ Tesla⁣ is ‌no longer a ‍viable‌ option nonetheless of‍ price⁢ or performance, particularly as viable alternatives⁤ become readily available.

Reports‌ of defective customer service and quality problems‍ have further compounded the issues. Despite ‌recent gains in Tesla’s stock price, driven by ‍musk’s promises of ⁤dominance ‌in robotics, AI chatbots⁤ (“Grok”), and ⁢autonomous taxis, these gains ‍aren’t ​rooted in current vehicle⁣ sales. Musk recently stated that Tesla’s humanoid⁣ robot, Optimus, could eventually account for 80% of the company’s total value, ⁢signaling a strategic​ shift away from solely being an automotive⁤ manufacturer. A recent‌ large-scale purchase of Tesla shares by‍ Musk⁤ triggered a⁢ course jump, fueled by investor belief in his ⁤AI and robotics vision.

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