The plunge in Tesla sales comes amid Musk’s increasing involvement in global politics and rising competition from China.

Tesla sales careened lower in Germany in January, as sales of the electric-vehicle company headed by Elon Musk tumble across Europe. The German trade group VDA reported that Tesla new-vehicle registrations fell 60% in January,

Tesla’s sales have dropped nearly 60% in January in Germany compared to the same period last year. The same thing is happening throughout Europe. Earlier this week, we reported that Tesla’s sales crashed throughout all European markets in January.