<ul><li>Tesla's sales in Europe fell by 49% in April year over year, while overall battery-electric vehicle sales rose.</li><li>Despite launching the refreshed Model Y, Tesla only logged 7,261 new vehicle registrations in April, nearly half of previous figures.</li><li>Factors contributing to Tesla's falling fortunes include rising competition, Musk's political meddling, and unfavorable public opinion.</li><li>Although Musk claimed to spend less time in Washington and focus on Tesla, the company faces challenges with no immediate fix in sight.</li></ul>

Tesla continues to circle the drain

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