Tesla continues to find solace in EV-friendly Norway despite a sustained sales slump across the rest of Europe.

Shares of electric vehicle maker Tesla tumbled 8% in morning trading as the feud between CEO Elon Musk and Trump reignited over the weekend

Musk, who had been a close ally of the president, announced on X Saturday that he would be forming the “America Party.” His decision was based on an X poll that he posted on July 4, where he asked users on the social media website if there should be an America Party.

At the time of Tesla's IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. That came almost entirely from the Roadster, a two-seat electric sportscar that boasted a range of 236 miles on a single charge.

Grok began repeatedly praising Adolf Hitler, using antisemitic phrases and attacking users with traditionally Jewish surnames.

Despite the decline, Tesla’s share price rose in early trading, signalling that investors remain focused on the company’s future in driverless vehicle technology rather than its current sales performance.

Chief Executive Elon Musk's controversial stint at President Donald Trump's Department of Government Efficiency ended in May, but debate persists over what he gained or lost, and how it affected his businesses.

Tesla sold only 1,860 cars in Germany. When looking at the entire first half of 2025, the total number of vehicles sold is 8,890 - which is a drop of 58.2%.