Tesla, Europe and Elon Musk
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Tesla sales in Québec plunged 85% in the first quarter, mirroring sharp declines seen in Europe.Canada has frozen $43 million in Tesla EV rebates due to Trump's tariffs and fraud concerns.Musk's DOGE work sparked backlash,
Tesla outsold all major rivals by a large margin in Q1 2025. Here's why so many drivers are still choosing Tesla EVs over alternatives.
Tesla’s sales in Washington declined steeply in early 2025 amid fallout over CEO Elon Musk’s work with the White House, even as other EV brands saw a year-over-year increase. Tesla’s fall from grace in Washington has been steeper than in the rest of the U.S.
That said, data from Quebec’s vehicle registration service (SAAQ), quoted by Global News, shows a severe drop in registrations for Tesla. In Canada’s largest market for EVs, Tesla went from 5,097 cars registered in Q4 2024 to just 524 in Q1 2025, a 90% decrease. Data for the whole country is not yet available.
Tesla is outselling Toyota by an 11:1 ratio in the EV space based on Q1 sales. Will Toyota's bZ4X rebrand fare any better?
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As Tesla’s profits plunge and sales crater, investors still bet on Musk’s promised robotaxis and renewed focus.
Tesla, Inc. is facing challenges surrounding sales and earnings, while it bets on robotaxi launch in June. Click for our updated look at TSLA stock.
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While eliminating the electric vehicle tax credit would likely lead to a drop in EV sales and production, Tesla sales would probably remain largely unaffected, one expert says.