Summary
Tesla’s European market share is declining sharply, with EU registrations dropping 40.9% in November 2024 compared to last year, and year-to-date registrations down 15.2%.
Including the UK and EFTA, Tesla’s registrations fell 13.7% this year.
The drop stems from reduced government EV incentives and growing dissatisfaction with CEO Elon Musk.
Despite Tesla’s decline, overall EV registrations in Europe have remained stable as competing automakers gain ground. Tesla remains the largest EV producer in Europe but faces growing pressure from rivals capitalizing on its waning dominance.
TBH I don’t know. I assumed it was a normal board of directors that has a check and balance to the CEO. I should have known it wasn’t.
Edit- Actually, there is a traditional board. My question still stands then. https://ir.tesla.com/corporate
The state of Delaware ruled in a lawsuit that the Tesla board is under control of Musk and not really an independent board as it should be