Tesla owners have voiced their frustration at CEO Elon Musk following a significant drop in the company’s market capitalization, which has now sunk below $1 trillion. The stock price fell more than 9% as investors reacted to disappointing sales figures. Specifically, Tesla’s sales in Europe have plummeted by 45%, a stark contrast to the skyrocketing registrations of rival electric vehicle brands. Outspoken owners took to social media, sharing their feelings of betrayal and disappointment, with many stating ‘I felt nothing but disgust’ at the current state of affairs under Musk’s leadership. As Tesla continues to face fierce competition in the electric vehicle market, including from companies like Rivian and Lucid Motors, these recent developments raise concerns about the brand’s future in the automotive industry.
Tesla Owners Express Disgust as Stock Price Plummets and Sales Decline in Europe
