Even before the spat, Tesla acknowledged some brand challenges from CEO Musk’s foray into politics. His support of Trump turned away some politically left-leaning car buyers looking to go green. Numbers bear those concerns out.

In the UK, new Tesla registrations dropped by 62% compared to April 2024. Tesla faces surprising challenge in latest market report — and it could signify a deeper unraveling first appeared on The Cool Down.

Tesla (NASDAQ: TSLA) investors have been on a bit of a roller coaster ride so far in 2025. The technology company's stock was up early in the year before falling as much as 45% in March and April, and then partially recovering so that it now trades down about 15% for the year.

However, according to S&P Global, just 13.7 percent of Rivian’s sales go to Asian households. One possible explanation is that one of Rivian’s only two models currently on sale is a pickup truck. Data shows that Asian buyers account for just 2.3 percent of all full-size pickup sales in the U.S.

Elon Musk is leaving Washington after a short but turbulent stint in government and getting back to his numerous businesses, each with their own set of issues for the billionaire to address

Tesla sales have plunged in some European markets and in China, as customers have favoured Chinese EVs because of their competitive prices and in some cases in protest at Musk's political activities.

Tesla, Inc. (NASDAQ: TSLA) has staged a remarkable comeback in 2025, with its stock price surging 58% since April, reaching approximately $362.73 as of May 27, 2025.