- cross-posted to:
- [email protected]
- economics
- cross-posted to:
- [email protected]
- economics
Summary
Tesla’s European sales dropped 45% in January, with market share falling from 1.8% to 1%.
This decline comes as CEO Elon Musk faces backlash over his political interventions, including support for Germany’s far-right AfD and ties to Donald Trump’s administration.
Tesla sales plummeted in Germany and France, and it trailed Chinese EV rival BYD in UK registrations.
Despite Tesla’s slump, Europe’s electric vehicle market grew by 34%, with Germany, Belgium, and the Netherlands posting strong gains.
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Their stock is also plummeting pretty hard right now 👏
He’s not facing ‘criticism over Trump ties’. He’s facing outrage over being a fucking Nazi.
Who in the fuck is still buying this shit I can’t imagine the crossover between afd voters and electric car buyers is particularly big to be honest
In the US, sooooo many people are still buying them.
The same people still using Twitter I guess. And can’t be added to switch because otherwise how are they going to follow some celebs or some shit; no worries that they’re supporting Hitler.
They are terrible cars with wild quality control issues. And they are expensive.
The fun part will be how they will charge them after trump bans ev chargers
Shocking news… that 55% of European Tesla buyers don’t know or don’t care about Elon’s egregious public Nazi displays.
My body is ready for him to get pushed the fuck out of the company
I’m ready for him to get ejected back into space
We can dream of a timeline where SpaceX and Tesla decide to put Elon himself into the next Roadster they fire into space.
Back?
Yea, he seems like an otherworldly being
The board: that sounds to us like time to give Elon another bonus
Seems likely.
You know, Trump is horrendous but somehow, I think having ties to Musk may be worse than having ties to Trump at this point.
ties to trump is the problem ? not the fucking nazi salute at a political function? twice? I mean fuck both options and musk but man he needs a punch to face. I forgot my point.
man he needs a punch to face.
I thought you made a pretty good point. A punch each for him and his army of little DOGEshits.
A punch in his face for each person in his army, yes.
We’re gonna need a bigger fist.
Backpfeifengesicht.
I wondered if Tesla was to disappear it would be because of Chinese EV competition. I never thought it would be because Musk would reveal himself as a right wing fascist knobhead.
China is Sun Tzuing so hard right now. “Never interrupt your enemy when he is making a mistake”
It was Napoleon who said something similar to that quote, but the point stands.
I bet a bunch of CEOs are fascists, but they know that letting it come out is bad for business.
I think most CEOs understand that your brand should not be tied to you personally.
This seemed to really come out with small businesses during the pandemic. Where small business owners like for restaurants and shops would openly advertise (to put it mildly) their stance on masking which in turn tied into their political beliefs.
I always thought that was dumb, (in a two party system) as you were effectively alienating half of your potential customers.
Meanwhile the shareholders: “yes, this guy totally deserves $56b!!”
There’s no doubt a sales drop due to Musk, but all their factories aren’t producing and selling their best model (Y) due to the upgrade, and people have also put off buying a Tesla knowing it was about to happen at the start of 2025.
We won’t know the true drop until that vehicle is ramped up at all the factories, which means we won’t have proper QoQ numbers until q3 or q4, but I imagine at the month level we might see comparable numbers somewhere in q3.
Waiting for Tesla to oust him as CEO for conduct contrary to the financial health of the company (read: shareholders).
🤷♂️ 🤷♂️
Considering almost the entirety of the stocks value is tied up in musk and has almost no correlation with the actual success of Tesla and they’ve literally gone out of their way to force a 56 billion pay package through for Musk, I highly doubt it.
Edit: for reference, the company is worth the next 15 car makers prices combined and probably has less sales than all of them
The shareholders are all huge Elon sycophants. If they haven’t ousted him over any of the previous shit he did, I have zero faith they’ll do it now.
If anyone has Tesla stock, dump it now before you lose everything.
I believe we will get down to about 25% of what they were selling this year.
Ewww— a Tesla. Gross.
Are you sure it wasn’t the nazi salute?
