The shares of Tesla lost 8% of their value due to falling sales in Europe. The market value of the company dropped below 1 trillion dollars. The share price of Tesla, owned by American billionaire Elon Musk, fell by 8.39% on Tuesday to $302.8. With this decrease in shares, Tesla’s market value fell below 1 trillion dollars. Thus, with a market value of 973.96 billion dollars, Tesla ranked 10th among the world’s most valuable companies. According to data released by the European Automobile Manufacturers’ Association (ACEA), Tesla-branded car sales in Europe declined by 45.2% in January compared to the same period last year. Analysts noted that Tesla’s popularity decreased after Donald Trump’s victory in the US presidential elections on November 5, 2024. Tesla shares, which lost most of their gains after Trump’s election victory, have recorded a 25% decline since the beginning of the year.