Poor European sales, strengthening competition and the activities of its eccentric CEO are all pressure on the company's stock price.

Elon Musk's automaker fell to a 1% market share in Europe in January, down from 1.8% in the same month last year and behind Chinese rival SAIC.

Elon Musk's automaker fell to a 1% market share in Europe in January, down from 1.8% in the same month last year and behind Chinese rival SAIC.

The EV giant’s shares fell to their lowest level since November as competitors gain ground and the boss’s political involvement sparks backlash. Tesla’s stock plunged more than 8% on Tuesday, marking another setback for the electric vehicle giant as it struggles to maintain momentum in 2025.

Tesla's (TSLA) struggle to maintain its dominance in the electric vehicle market is intensifying in Europe, where the automaker experienced a precipitous 45% drop in sales during January.

Sales of Tesla vehicles tumbled 45% in Europe last month, even as the overall EV market picked up in the region. The stock closed 8% lower on Tuesday.

Elon Musk's political activities and reduced presence at Tesla are stirring dissatisfaction, even within the company, with no plan to reverse falling sales.