Elon Musk's political activities have sparked controversy, causing Tesla's market value to fall below $1 trillion.

Elon Musk recently faced criticism in Europe, which has angered car owners. TSL's car sales in Europe have sharply slowed down, causing TSL's stock price to plummet, with market capitalization falling below one trillion dollars.

Elon Musk's political activities have sparked controversy, TSL's sales in Europe have plummeted

According to the data from the European Automobile Manufacturers' Association, in January of this year, TSL led by Musk registered only 9,945 vehicles, lower than 18,161 vehicles a year ago. The sales of electric vehicles in the entire industry surged by 37%, with significant growth in sales from German and British car manufacturers. This highlights the increasing risks that the CEO's political activities bring to the company's core automotive sales business.

After becoming one of the main donors to the current President Trump during the US presidential election last year, Musk turned his attention to Europe, supporting far-right parties and attacking incumbents. A YouGov poll conducted in mid-January in Germany and the UK found that people have a negative view of Musk and do not welcome his interference in the politics of these countries.

Recently, a sticker quietly became popular, and many car owners are sticking "We bought this before Elon went crazy" on the back of their TSL car.

TSLA has been falling for four consecutive days, with market capitalization dropping below one trillion dollars

TSL stock price (TSLA) has fallen for four consecutive days, and the market capitalization has fallen below the one trillion dollar mark. It has dropped 22% so far this year, the biggest decline among large technology stocks, seriously dragging down the overall performance of the sector. Bloomberg's seven major indexes fell into a retracement area yesterday, with market capitalization evaporating by about 1.4 trillion dollars.

Since Trump's victory, the TSL stock price (TSLA) has risen from $210 to nearly $500, and now it has fallen by nearly 40%. It can only be said that what goes up must come down. Whether Musk's political madness can lead TSL stock price to new highs is still a mystery.

This article has sparked controversy over Musk's political activities, and TSL Market Cap has fallen below one trillion US dollars, first appearing on ChainNews ABMedia.