Elon Musk Backlash Ramps Up as Tesla Loses Key Status Marker
The world is steadily turning on Elon Musk.

Elon Musk’s electric carmaker Tesla has been outsold in Europe by a rival company for the first time.
The continent’s longtime electric favorite was overtaken by Chinese company BYD in April, which sold 7,231 fully electric cars compared to Tesla’s 1,165, according to data from Jato Dynamics.
It’s a major boon for the Chinese electric vehicle company, which only began selling cars in Norway and the Netherlands in late 2022. But Musk’s recent support for Donald Trump and the U.S. president’s far-right, government-destroying policies has influenced buyers, leading to boycotts at home and abroad that have drastically affected Tesla’s margins.
“This is a watershed moment for Europe’s car market, particularly when you consider that Tesla has led the European battery electric vehicle market for years, while BYD only officially began operations beyond Norway and the Netherlands in late 2022,” Felipe Munoz, global analyst at Jato Dynamics, told the Financial Times.
Tesla historically attracted a more liberal consumer base with its electric vehicles, but since Musk went “dark MAGA,” that same base has soured on the tech billionaire and his products. That’s proven especially true in some of Europe’s stronger economies, such as Germany, which has seen Tesla sales in the country fall by more than 70 percent in the beginning of the year, reported Bloomberg. Sales in China—where Tesla has two major factories—similarly plummeted, falling by 49 percent in February.
Musk, however, has brushed off the volatility. Speaking with Bloomberg at the Qatar Economic Forum on Tuesday, the world’s richest man pointed to Tesla’s rising stock as evidence that bullish investors were likely to ignore his political activism.
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no problem with demand,” the Tesla CEO said. “The stock wouldn’t be trading near all-time highs if things weren’t in good shape, they’re fine, don’t worry about it.”