Tesla Faces 45% Sales Drop in Europe Amid Protests

General Motors has stirred excitement among sports car enthusiasts with the launch of the Chevrolet Corvette ZR1, boasting a staggering 1,064 horsepower and a 0-60 mph time of just 2.3 seconds. The automaker has implemented a retention policy for buyers of the ZR1, E-Ray, and Z06 models, asking owners to refrain from reselling their vehicles for six months to a year to combat speculation. In parallel, Tesla faces rising challenges, with sales in Europe plummeting nearly 45%, attributed in part to backlash against CEO Elon Musk's political affiliations. Protests targeting Tesla dealerships have also become more common, while the company attempts to engage a new demographic with unconventional marketing strategies. Despite a mixed reception to these efforts, analysts question their effectiveness in addressing deeper market issues. Meanwhile, rivals like Nissan are ramping up efforts to compete in the electric vehicle space, unveiling plans for new models aimed at capturing Tesla's market share.