Tesla’s shares have experienced a significant drop following a decline in European sales, with reports indicating an 8% fall in stock value. This downturn has also impacted Elon Musk’s net worth, reducing it by $15 billion. The decrease in sales is occurring as Musk engages in political activities, adding another layer of complexity to Tesla’s market challenges. Additionally, European electric vehicle (EV) registrations have seen a notable plunge, further affecting Tesla’s stock performance. Industry observers liken the stock’s decline to a ‘soufflé under a sledgehammer,’ a phrase once used by Musk himself. — news from BBC.com