The beginning of 2025 for Elon Musk is not the best, at least in regard to its electric vehicle brand Tesla. The actions of the car manufacturer fell more than 10% since its closing of January 17, with the arrival of Donald Trump to the government and the beginning of its responsibilities at the head of the government efficiency department in Washington.
Meanwhile, the imminent application of tariffs To China and Canada (Mexico has a month of extension) is moving away investors. In a recent call of results with analysts, Musk acknowledged that, although Tesla has tried to locate its supply chain in the United States, it still depends largely on pieces from all over the world for all its operations.
While the stock market reacted negatively to new commercial policies, Musk was seriously affected, with a fall in its Tesla actions that resulted in A loss of US $ 11,800 million in its net assets.
Nor do things smile at him about the commercialization of his vehicles.
Tesla seems to have started in 2025, in Europe, with the step changed with respect to its rivals.
The sales of the Model and and Model X, which were the two best -selling electric cars throughout 2024, have suffered considerable decline.
The sales of the EV manufacturer in Germany and France collapsed in January, falling 59% and 63%, according to industry data.
Tesla’s sales in the European Union fell 13% in 2024, since the car manufacturer received a growing pressure in its third largest rivals that launched a wave of cheaper electric models.
In Germany, the center of the automotive industry of Europe and the home of Tesla’s Berlin Gigafactory, the sales of Tesla fell more than the decrease in sales of 27% in the general market.
The German ITV, the Vehicle Technical Inspection Organization, has put Tesla under the magnifying glass in its latest reliability report, revealing worrying data about the failures presented by some of its most popular models.
The Tesla Model 3 has become the car with more defects detected in the revisions, even surpassing Dacia Logan. Nor is the objectives of autonomous driving, the great promise of Tesla, the full self driving (FSD).
A driving aid system that, for the moment, continues to force the driver to be at all times aware of what happens around him in case he has to intervene.
Since 2016, Tesla has been promising that all its cars would have the necessary hardware to support the total autonomous driving functions, including “level 5”. That is, the car can move without human intervention, as if it were a robotaxi.
In 2019, however, the company had to confirm that the autonomous driving system would require greater computer power.
The only good news comes from China. Its sales in that country increased 8.8% in 2024, to a record of more than 657,000 units, a strong performance in a competitive market.
However, their global deliveries fell 1.1%, breaking the previous prediction of a slight rise from its executive president, Musk, with China’s exports falling 24%.
The reduction of European subsidies, the United States’s turn to low -priced hybrid vehicles and a harder world competition, especially by China byd, were a ballast for sales.
Source: Ambito