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Elon Musk's Ties and Tesla's Struggles Amid Global Tensions

2/28/2025

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Story summary
  • Elon Musk's connections to Trump and the Department of Government Efficiency (DOGE) make him a focal point in Asia amid US-China tensions.
  • Delays in Tesla's full self-driving technology approval in China may impact trade negotiations.
  • Tesla's market share in China is shrinking due to intense competition from local brands like BYD.
  • Musk's political involvement in Europe has contributed to declining Tesla sales, particularly in Germany and France.