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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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  • 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
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    • 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.

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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
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          • 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
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                • 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
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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.

                    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
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                    • 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
                      [email protected]
                      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.

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                      • 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
                        [email protected]
                        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.

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                        • 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
                          [email protected]
                          wrote on last edited by
                          #111

                          Sad but true

                          And still "Top Managers" wonder why...

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

                              Anyways...

                              1 Reply Last reply
                              1
                              • 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.

                                X This user is from outside of this forum
                                X This user is from outside of this forum
                                [email protected]
                                wrote on last edited by [email protected]
                                #114

                                And then there is Norway pushing the numbers🥲

                                Edit: https://www.reuters.com/business/autos-transportation/teslas-sale-norway-rises-213-year-on-year-may-2025-06-02/

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