Tesla’s Sales Plummet in Germany Amid Political Controversy and Production Disruptions:

CEO Elon Musk's comments about German voters in the attempt contested elections, led to a drastic decrease of registrations for Tesla Inc. in Germany last month.

According to the German Federal Motor Transport Authority, sales took a nose dive of 76 percent to 1429 units. This was a stark contrast compared to the electric vehicle sales which increased by 31 percent in February.

As of 7 AM in New York, Tesla shares reduced gains in premarket trading and the stock fell by 33 percent as usual through out the year, but further posted 1.2 increase. The automaker Tesla made profitoterm at the device messaging after the German authority figures were released.

Leading to Febuary 23 th elections, Musk supported the far right “Alternative for Germany,” party which, is anti immigrant and pro Russia. This party has massively gained support while the AafD is combating anti establishment. The person expected to succeed as Chancellor, Friedrich Merz has promised to support the order and maintain distance with the party.

The first two months of the year indicator proves that Tesla sales are down 71 percent in Germany and 44 percent in France.

Having overtaken Germany last year, The UK is home to the highest registered EVs in the region. Tesla’s registrations have surged almost 11% in January-February due to a huge spike in February.

Tesla has been held back due to multiple other reasons not related to Musk’s twitter employment decision.

Most popular vehicle for Tesla, the Model Y, has its output suspended while the company makes changes to the assembly line. Following those changes, it will take time for the company to increase production of the sport utility vehicle whose facelifted version came five years after it was first introduced.

Several weeks of production due to the changeover will also be applicable to these facilities. Tesla’s factory in Grunheide near Berlin is one of the facilities who are not afforded several weeks. The company is also highly dependent on a limited range of vehicles which are facing greater competition from domestic companies and new Chinese enterprises. In early 2023, Tesla was outsold in numerous European markets by BYD Co.

In the previous month, Tesla faced the controversial attack on its German plant’s railway infrastructure. An activist group claimed responsibility for these attacks and posted on social media stating that they are trying to stop the expansion of the company’s factory.