Tesla Inc.’s sales plummeted 59% last month in Germany, adding to indications that Chief Executive Officer’s Elon Musk political activities are hurting the carmaker’s business in major electric vehicle markets.

Tesla’s (TSLA) sales in Germany plummeted 59% in January after only 1,277 new cars were registered, the lowest monthly total since July 2021.

Sales of Tesla cars have nosedived across some of the EV manufacturer’s most valuable European markets—and experts are blaming Elon Musk. Sales in Germany, where Tesla has a factory, dropped a staggering 59 percent in January compared to the same month last year,

Billionaire Elon Musk’s Tesla sales dropped in the three largest markets of Europe, including 59% in Germany, reported the news agency Bloomberg. Shares were trading lower ahead of the Wall Street open on Thursday.

In January, Tesla's new car registrations in Germany plunged 59.5% to 1,277, despite hosting its sole European factory. Sales also fell sharply in France (down 63%), Norway (38%), and the UK (8%) year-over-year, FT writes .

Tesla Inc.’s sales plummeted 59% last month in Germany, where Chief Executive Officer Elon Musk asserted himself in national politics like never before.

Tesla’s sales have dropped nearly 60% in January in Germany compared to the same period last year. The same thing is happening throughout Europe. Earlier this week, we reported that Tesla’s sales crashed throughout all European markets in January.

Tesla posted lower sales across five EU countries as competitors with newer models gained and polls show public opinion souring on CEO Musk.

Tesla ( NASDAQ: TSLA) fell to its lowest trading level in 2025 on Wednesday amid more signs that demand in Europe may be faltering. During January, Tesla's ( NASDAQ: TSLA) sales in Germany plunged 59.5% year-over-year to 1,277 vehicles, while Sweden, Norway, Denmark, and the Netherlands all saw drops of more than 40%.

Tesla sales in a number of major European markets nearly halved in January, partly because of calendar year effects as well as some owners holding off for the new facelifted Model Y.