Hundreds of protests at Tesla showrooms have also weighed on the company. Under the banner of a “Tesla Takedown,” opponents of Musk and Trump’s government policies have targeted the company to try to gain leverage over Musk, and demonstrators have continued to swarm Tesla locations, especially on weekends.

Tesla Inc.’s sales started slowing even before Chief Executive Officer Elon Musk really threw his weight around in US politics. Since he’s taken a starring role in the Trump administration and become a cheerleader for Europe’s far right,