**Tesla Sales CRASH After EU & Canada Hit Back – Can Elon Musk Recover?**
In a shocking turn of events, Tesla’s sales have plummeted dramatically as the European Union and Canada retaliate against U.S. tariffs, leaving the electric vehicle titan gasping for air. Once the undisputed leader in the EV market, Tesla now faces a perilous decline, with its market share in Europe collapsing from 14% to under 7% in just one year. The fallout from former President Trump’s trade policies has hit the company hard, as hefty tariffs on American-made vehicles have skyrocketed prices for Tesla models, pushing consumers toward more affordable local alternatives like Volkswagen and BMW.
The situation in Canada is equally dire, where Tesla has been removed from national EV incentive programs, resulting in a staggering 30% drop in sales in the first quarter. Wall Street is losing faith, with Tesla’s market value slashed by 50% in three months, prompting short sellers to cash in on the chaos. Analysts are adjusting projections downward, signaling a troubling loss of confidence in Musk’s leadership amid a backdrop of political controversies and missed production targets.
Musk’s divisive political stances have further alienated Tesla’s core customer base, especially in traditionally progressive markets. Protests and boycotts are gaining traction, as consumers distance themselves from the brand due to Musk’s alignment with far-right movements. Meanwhile, competitors in China and Europe are closing in, offering similar performance at lower prices, exacerbating Tesla’s struggles.
As the company grapples with these overwhelming challenges, Musk is banking on a new autonomous ride-hailing project to turn the tide. However, with regulatory hurdles and public skepticism looming large, the question remains: can Musk steer Tesla out of this freefall, or is this the beginning of the end for the EV giant? Time is running out, and the stakes have never been higher.