The last bet of Tesla CEO (Tsla) Elon Musk for his own RTO (return to the office) comes when more negative data appear.
According to the European Association of Car Producers (ACEA), the registration of Tesla EV (proxy for sales) in Europe fell in a huge 49% in April compared to a year ago to 14,228. Meanwhile, total EV registrations in the region (which includes the United Kingdom and the European Free Trade Association) increased by 34.
Tesla’s April decline marks its fourth straight month in Europe, while other reports show EVS by Volkswagen, BMW and China BYD they win.
In addition to a weakness of demand, the results of April registration include a new refreshing model Y of Tesla, its most selling vehicle, which should see a blow from sales due to new features.
Tesla’s shares were higher in early trade, as President Trump again supported the tariff threats, this time focusing on the European Union.
Tesla sales in Europe come after the company reported that it slides sales in the first quarter, its worst quarter for supplies from the second quarter of 2022.
But Musk’s most recent communique through his platform X shows that he will seriously leave Washington, where he nominally leads the controversial Ministry of the Government of the Government (Doge) and fulfills his own RTO: back to Tesla, Spacex and X.
“Back to spend 24/7 at work and sleep in conferences/server/factory rooms,” he said partly after interruption of X, adding that “should be super focused on ๐/xai and tesla (plus Starship next week) as we have critical technologies.”
In addition to launching Starship and SpaceX Update, which it gives later on Tuesday, Tesla itself is preparing for decisive trials for robotaxes in Austin, beginning in late July.
Musk and Tesla bet the future of the company for self -government and the ability of its cars to provide Robotaxi services. The specialized Robotaxi of Tesla – Cybercab – is also planned for the launch of 2026 and the long -awaited, more affordable EVs of Tesla are expected to be discovered in the first half of the year.
Musk’s return to work has been annoyed since April when he said his time in DC will be dropped.
“Starting in the beginning of next month, in May, my distribution of time in Dog will drop significantly,” Musk told investors about the Tesla Q1 profit. But the reports show that Musk is still spending time in DC in April.
Last week, during two separate interviews with Bloomberg and CNBC, Musk repeated his redirect to his companies. He also said he was seen in the chairman of Tesla Executive Director for at least the next five years.