Tesla’s Market Cap Falls Below $1 Trillion Amid 45% European Sales Drop
Tesla’s market cap has fallen below the $1 trillion mark following a steep decline in its European sales. The electric vehicle manufacturer sold fewer than 10,000 vehicles across Europe in January, representing a 45% drop compared to the same period last year when it sold over 18,000 units, according to the European Automobile Manufacturers’ Association. This sales decline, coupled with other factors, sent Tesla’s stock price plummeting more than 8% on Tuesday, pushing the company’s market capitalization below $1 trillion for the first time since shortly after Donald Trump’s election victory in November. Since the start of 2025, Tesla’s stock … Continue reading Tesla’s Market Cap Falls Below $1 Trillion Amid 45% European Sales Drop
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