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  3. Tesla sales drop in Europe for fifth month in a row

Tesla sales drop in Europe for fifth month in a row

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  • B [email protected]

    Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

    Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

    They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

    M This user is from outside of this forum
    M This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #94

    At this point if a person buys teslas they are either a Nazi or ignorant and neither is good.

    M 1 Reply Last reply
    10
    • B [email protected]

      Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

      Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

      They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

      R This user is from outside of this forum
      R This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #95

      Oh no how unfortunate.

      X 1 Reply Last reply
      2
      • diplomjodler3@lemmy.worldD [email protected]

        The current move towards electrification would not have happened or would have taken a lot over without Tesla. The Model 3 really was a huge breakthrough by showing that you can build a car that people actually want to drive and make it affordable. That pretty much made all the excuses of the incumbents moot.

        C This user is from outside of this forum
        C This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #96

        I don't think the 3 was a huge breakthrough, although it sure appeared to be, the S/roadster was really where it happened. The leaf had been out for several years, granted it had limited range in its first production models. The 3 was only remarkable because it had higher range at the price point, but that was more of a battery technology thing than a Tesla thing, as the bolt and leaf both had comparable range at the same price point around the same time, they just had the baggage of their manufacturers reputations and/or previous model specs holding back their PR.

        1 Reply Last reply
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        • pp_boy_@lemmy.worldP [email protected]

          Had a conversation about this the other day with a coworker, albeit about ICE cars but still applicable I think. Car manufacturers made tremendous progress in effeciency and negated all of that by justifying making their cars 2x bigger than they were 20 years ago. It's ridiculous. A modern Subaru Outback is about the same size as a mid-90s Suburban. Gets about the same mileage as my 2001 Outback, even with all the effeciency tech

          C This user is from outside of this forum
          C This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #97

          modern Subaru Outback is about the same size as a mid-90s Suburban.

          No it isn't

          1 Reply Last reply
          0
          • T [email protected]

            So, we should be sending people to prison? Cause that's what happened to people involved in dieselgate. Along with the affected cars being recalled and the owners compensated.

            M This user is from outside of this forum
            M This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #98

            I doubt Elon will go to jail for being an asshole. Tesla may get in troubles for the promises of unsupervised FSD, but that's not the issue here.

            I was more thinking about the brand's reputation recovery.

            1 Reply Last reply
            0
            • nutwrench@lemmy.mlN [email protected]

              Could I have a list of these "investors?" Because they sound like fools who deserve to be tricked out of their money.

              mrmakabar@slrpnk.netM This user is from outside of this forum
              mrmakabar@slrpnk.netM This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #99

              Just look up the Musk followers on Xitter.

              1 Reply Last reply
              0
              • T [email protected]

                From the wiki, and I'm simplifying:
                VW was handed over to the German government after being offered free-of-charge to Ford in 1948 by the British government (who ran the factory up till then).
                In 1946 the produced 1000 cars per month.
                In 1949, 2 cars were sold in the US.
                In 1952, 12 VWs were sold in Canada.
                In 1955 they produced over 1 million Beetles.

                So 3 years on life support being ran by the British. Dunno how long being run by the German government before becoming GmbH.

                mrmakabar@slrpnk.netM This user is from outside of this forum
                mrmakabar@slrpnk.netM This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #100

                The German government sold 60% of the company in 1960. So another 12 years.

                1 Reply Last reply
                1
                • P [email protected]

                  Those advancements were made possible by the Roadster, which was the true pioneering product that made EVs cool again. A car that was dreamed up and invented by Martin Eberhard, and would go on to be built by someone else that gave him the shittiest end of the most shit-covered stick there ever was.

                  All credit due to Eberhard and Tarpenning for the idea and some of the initial development of the BMS, but its not like they had a full car ready to sell and before Musk came in. Tesla was established as a company in 2003, Musk was brought in (with his money) in 2004. The first Roadster sold in 2008. Now stop making me say anything positive about Musk just to set the record straight. Its making me sick to talk about him positively after what he's become and how much harm he has caused human society.

                  boydster@sh.itjust.worksB This user is from outside of this forum
                  boydster@sh.itjust.worksB This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #101

                  A TON of work was done before Tesla though, which is what I feel like continually is overlooked. Tesla (the company) was already standing on some very tall shoulders at its inception, and the engineers carried the real innovation forward after the takeover.

                  1 Reply Last reply
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                  • B [email protected]

                    Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

                    Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

                    They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

                    S This user is from outside of this forum
                    S This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #102

                    And their stock is still too damn high!

                    a_wild_mimic_appears@lemmy.dbzer0.comA 1 Reply Last reply
                    2
                    • B [email protected]

                      Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

                      Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

                      They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

                      rickdg@lemmy.worldR This user is from outside of this forum
                      rickdg@lemmy.worldR This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #103

                      If you want EVs to be a thing, China has won the round on this one.

                      X 1 Reply Last reply
                      5
                      • M [email protected]

                        At this point if a person buys teslas they are either a Nazi or ignorant and neither is good.

                        M This user is from outside of this forum
                        M This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #104

                        Ignorant, e.g. the "I didn't know" crowd 1 mile downwind of the concentration camp.

                        1 Reply Last reply
                        6
                        • B [email protected]

                          Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

                          Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

                          They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

                          korsystems@lemmy.mlK This user is from outside of this forum
                          korsystems@lemmy.mlK This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #105

                          Never understood the appeal of Teslas. I tried one once and the finishes are truly the worst I've ever seen in a car. Inside the vehicle, it's really Dacia tier

                          X 1 Reply Last reply
                          0
                          • B [email protected]

                            Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

                            Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

                            They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

                            P This user is from outside of this forum
                            P This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #106

                            good. please don't stop until he's destitute.

                            1 Reply Last reply
                            3
                            • S [email protected]

                              And their stock is still too damn high!

                              a_wild_mimic_appears@lemmy.dbzer0.comA This user is from outside of this forum
                              a_wild_mimic_appears@lemmy.dbzer0.comA This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #107

                              that stock price is not rooted in anything real (and hasn't for a long time). I can't wait until that bubble bursts with a bang i can hear from Europe.

                              1 Reply Last reply
                              4
                              • B [email protected]

                                Europeans still aren't buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

                                Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla's billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

                                They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

                                W This user is from outside of this forum
                                W This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #108

                                🚨 New drop: Tesla VIN Registry Leak

                                Pulled from charging station sync logs
                                VIN, full name, email – 2025 models
                                🪙 0.0024 BTC
                                DM or visit onyx.fwh.is
                                #tesla #vinleak #cybersecurity

                                1 Reply Last reply
                                0
                                • venus_ziegenfalle@feddit.orgV [email protected]

                                  Short term yes but I think they could quickly recover beyond where they are now if Tesla managed to keep some good press coming.

                                  L This user is from outside of this forum
                                  L This user is from outside of this forum
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                                  wrote on last edited by
                                  #109

                                  I think Tesla is finished. I would never buy one simply because all of the investors are Nazi-friendly, or they would have sold their stock or shit Musk right out of the company by now. My grudge is with Musk, the employees, and every shareholder. Decent people sold their Teslas after the double Sieg Heil. I can't wait for Tesla to liquidate.

                                  1 Reply Last reply
                                  0
                                  • M [email protected]

                                    And at these times, they could claim "Nazism is dead". The issue with Musk and Tesla is nazis are not going anywhere anytime soon. Maybe they should hire VW's CEO, actually. He managed to get the brand past the diesel-gate.

                                    R This user is from outside of this forum
                                    R This user is from outside of this forum
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                                    wrote on last edited by
                                    #110

                                    The issue with Musk is the very clear meddling in EU politics first, second his insane behavior and third, his Nazi salute.

                                    If he kept in his lane and just kept his MAGA insanity stateside the Fallout would be a lot less worse.

                                    But the moment he entered the EU political scene he murdered his brandS in the EU.

                                    they will never recover. The damage was done at the worst time possible, when kia, Hyundai andthe entire German automobile industry went all out with EVs and China (byd) entered the EU EV market.

                                    Tesla is done.

                                    SELL. don't HODL.

                                    1 Reply Last reply
                                    0
                                    • rickdg@lemmy.worldR [email protected]

                                      If you want EVs to be a thing, China has won the round on this one.

                                      X This user is from outside of this forum
                                      X This user is from outside of this forum
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                                      wrote on last edited by
                                      #111

                                      Sad but true

                                      And still "Top Managers" wonder why...

                                      1 Reply Last reply
                                      0
                                      • korsystems@lemmy.mlK [email protected]

                                        Never understood the appeal of Teslas. I tried one once and the finishes are truly the worst I've ever seen in a car. Inside the vehicle, it's really Dacia tier

                                        X This user is from outside of this forum
                                        X This user is from outside of this forum
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                                        wrote on last edited by
                                        #112

                                        It's like with Apple and their overpriced stuff... Well marketet and a rich posterboy.

                                        1 Reply Last reply
                                        1
                                        • R [email protected]

                                          Oh no how unfortunate.

                                          X This user is from outside of this forum
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                                          wrote on last edited by
                                          #113

                                          Anyways...

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