Last week, President Trump called out the "Radical Left Lunatics" for launching a national boycott of Tesla because of Elon Musk's relationship with him.

But it seems that this boycott is intensifying, and spilling outside of the United States of America. Across the Atlantic Ocean, French companies are also stepping down hard on their boycotting of Tesla, leading to a sharp decline in sales.

Elon Musk, the master of controversies

Elon Musk's outspoken support for President Trump and controversial remarks on X has sparked outrage among French businesses.

Most recently, Musk re-tweeted a post the wrote "Hitler, Stalin, and Mao didn't kill over 100 million, their public sector workers did." This comment, combined with his alleged "Heil Hitler" has sparked fury among many who have called his comments distrubing.

French entrepreneur, Romain Roy, has took the decisive action of canceling a planned purchase of 15 Tesla vehicles for his company’s fleet, incurring a substantial extra cost of $164,000.

He also revealed that he would be swapping his Tesla for European EV instead, although European EVs come at a higher cost and the company would have to pay an additional €150,000, but he stands by his decision. He also insists that he won't be giving another euro to Elon Musk.

Many other French business leaders are following in Roy's footsteps. Laurent Jobart, head of a company in Toulouse, has announced plans to return his Tesla and has already removed all mentions of the brand from his social media.

The impact of the boycott is not just focuses in France, but its spreading all across Europe. In Germany-one of Tesla's biggest buyers of EVs-the sales of Tesla has decreased by a whopping 76%. Similarly in Norway, the sales of Tesla have dropped by 50%.

Across the entire Europe, the sales of Tesla has nearly been cut by half. Away from Europe, Australia also saw purchases plummet by 70%, recording just 1592 sales in Febrary compared to the 5665 shifted last year.

According to CBC, the billionaire has lost close to $126 billion of his personal wealth this year. The X owner recently lost $26 billion dollars in a single day after shares in Tesla dipped by 15%, the worst day since September 202 when the first saw a 21% drop.

A Costly Alliance for Elon Musk

Elon Musk's alliance with President Trump seems to be a very expensive endeavor.

With the boycott of Tesla spreading across the world, Tesla's stock is experiencing a continuous sharp decline. In a viral social media posts, a netizen summarises the current situation with this sentence

"Tesla stocks have been reduced to ashes in Toulouse as the global boycott against Elon Musk intensifies."

Many disgruntled Tesla critics has also resorted to violence to show their dissatisfaction towards Musk's political alliance. Not only has Tesla's charging stations been vandalized, many Tesla owners have also distanced themselves away from the brand by slapping bumper stickers on their vehicles claiming they had purchased their Tesla "before Elon went crazy".

In the United States, Tesla is facing increasing scrutiny due to Musk’s alignment with Donald Trump. Protests are erupting outside dealerships, with slogans like "Finance a fascist, buy a Tesla" appearing at demonstrations in Georgia. There are even reports indicating that Tesla vehicles have been set on fire in acts of protest.

Trump has attempted to mitigate the hate surrounding Tesla and Musk, saying

"Why should he (Musk) be punished for putting his tremendous skills to help MAKE AMERICA GREAT AGAIN?"

But Americans seem to have turned to deaf ears to Trump's plea, as the boycott and hate for Musk continues to intensify, not just in the United States but the rest of the world as well.

A recent tweet from political analyst Jean Quan underscores the scale of discontent:

"Protests took place at nearly 100 Tesla dealerships across the country yesterday. Another 80 are planned in the coming month."

JPMorgan analysts describe Tesla’s current trajectory as an unprecedented collapse. Tesla was once hailed as a symbol of innovation, but now its increasingly associated with political controversy and an unpredictable CEO.

As the boycott intensifies and the company’s stock continues to slide, one question remains: Will investors stick with Musk, or will they walk away just as many customers already have?