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  3. Tesla sales plummet amid Elon Musk backlash

Tesla sales plummet amid Elon Musk backlash

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  • microwave@lemmy.worldM This user is from outside of this forum
    microwave@lemmy.worldM This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #1

    Summary

    Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

    Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

    Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

    R skvlp@lemm.eeS L lemmyoutofhere@lemmy.caL archmageazor@lemmy.worldA 9 Replies Last reply
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    • System shared this topic on
    • microwave@lemmy.worldM [email protected]

      Summary

      Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

      Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

      Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

      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
      #2

      1 Reply Last reply
      0
      • microwave@lemmy.worldM [email protected]

        Summary

        Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

        Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

        Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

        skvlp@lemm.eeS This user is from outside of this forum
        skvlp@lemm.eeS This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #3

        Let both sales and stock price crash into oblivion.

        1 Reply Last reply
        0
        • microwave@lemmy.worldM [email protected]

          Summary

          Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

          Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

          Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

          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
          #4

          Fuck around, find out

          1 Reply Last reply
          0
          • microwave@lemmy.worldM [email protected]

            Summary

            Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

            Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

            Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

            lemmyoutofhere@lemmy.caL This user is from outside of this forum
            lemmyoutofhere@lemmy.caL This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #5

            It’s because he is a Nazi. Nobody should support a Nazi.

            A N 2 Replies Last reply
            0
            • lemmyoutofhere@lemmy.caL [email protected]

              It’s because he is a Nazi. Nobody should support a Nazi.

              A This user is from outside of this forum
              A This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #6

              I'm kinda on board for the arson as well.
              There are a lot of people who don't give a shit about who they support if they can get a car for cheap. But if that car brings the with it the risk of being set on fire or just generally vandalised then maybe that would make self serving cunts rethink their purchase as well.

              Weird to say, but trash new teslas

              1 Reply Last reply
              0
              • microwave@lemmy.worldM [email protected]

                Summary

                Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

                Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

                Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

                archmageazor@lemmy.worldA This user is from outside of this forum
                archmageazor@lemmy.worldA This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #7

                I wonder if Tesla will be considered a good car brand in 100 years, like how Volkswagen is today.

                I 1 Reply Last reply
                0
                • lemmyoutofhere@lemmy.caL [email protected]

                  It’s because he is a Nazi. Nobody should support a Nazi.

                  N This user is from outside of this forum
                  N This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #8

                  Not just a Nazi, but a chickenshit Nazi.

                  If you're gonna be a Nazi, be one. Don't deny it after you're noticed.

                  1 Reply Last reply
                  0
                  • microwave@lemmy.worldM [email protected]

                    Summary

                    Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

                    Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

                    Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

                    J This user is from outside of this forum
                    J This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #9

                    Wish the stock would crater. It seems to be bouncing back up atm.

                    O B 2 Replies Last reply
                    0
                    • microwave@lemmy.worldM [email protected]

                      Summary

                      Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

                      Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

                      Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

                      kn0wmad1c@programming.devK This user is from outside of this forum
                      kn0wmad1c@programming.devK This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #10

                      Someone tell that to the stock price.

                      A C 2 Replies Last reply
                      0
                      • kn0wmad1c@programming.devK [email protected]

                        Someone tell that to the stock price.

                        A This user is from outside of this forum
                        A This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #11

                        Check the 3 month view, it's down 41%. If anything the downward trend with a high daily volatility is demonstrating how poor the stock is doing

                        kn0wmad1c@programming.devK G 2 Replies Last reply
                        0
                        • A [email protected]

                          Check the 3 month view, it's down 41%. If anything the downward trend with a high daily volatility is demonstrating how poor the stock is doing

                          kn0wmad1c@programming.devK This user is from outside of this forum
                          kn0wmad1c@programming.devK This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #12

                          You rite

                          1 Reply Last reply
                          0
                          • archmageazor@lemmy.worldA [email protected]

                            I wonder if Tesla will be considered a good car brand in 100 years, like how Volkswagen is today.

                            I This user is from outside of this forum
                            I This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #13

                            I think it would require massive changes from the top down:

                            • New CEO
                            • New Board of Directors
                            • Focus on quality over stupid gimmicks like fart mode
                            • Focus on existing issues over self-driving moonshot that’s been promised & delayed for close to a decade now.

                            And so on…

                            H 1 Reply Last reply
                            0
                            • J [email protected]

                              Wish the stock would crater. It seems to be bouncing back up atm.

                              O This user is from outside of this forum
                              O This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #14

                              People have disassociated the idea of buying stock as support for a company--they just treat it like a game. Not to mention all the amoral index fund managers who control most people's investments.

                              D 1 Reply Last reply
                              0
                              • O [email protected]

                                People have disassociated the idea of buying stock as support for a company--they just treat it like a game. Not to mention all the amoral index fund managers who control most people's investments.

                                D This user is from outside of this forum
                                D This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #15

                                Yea the real issue is that it's in the indexes. Can't not buy it in that case.

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

                                  Wish the stock would crater. It seems to be bouncing back up atm.

                                  B This user is from outside of this forum
                                  B This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #16

                                  I saw a clip from some TV station, with someone claiming people should buy Tesla now, because it will never get this cheap again.
                                  And then he raved on about how Musk was a tech genius, who would make Tesla a robot/ai company.

                                  Idiots like that cannot be helped. Even if Musk succeeds with AI which is unlikely, chances are slim that it will be Tesla that benefit from it. Robotaxi is not even close. And chances are that Musk ruined the chance for Tesla to actually compete on it, when he decided against using lidar.

                                  Unless Tesla cook the books for Q1 2025, Tesla stock is likely to take another huge nosedive when the financial report comes out.
                                  Sales have plummeted violently, so unless they book the cars on storage at unrealistically high values, the result for Q1 will probably be in the red.

                                  O 1 Reply Last reply
                                  0
                                  • microwave@lemmy.worldM [email protected]

                                    Summary

                                    Tesla’s EU vehicle sales dropped 49% in January and February 2025, with registrations falling to 19,046.

                                    Analysts link the decline to Elon Musk’s political alignment with Trump and nationalist European parties, sparking backlash, including arson and vandalism at Tesla facilities.

                                    Compounding issues, newer Chinese-made EVs are surpassing Tesla sales in Europe, with Tesla’s market share falling from 18.4% to 7.7% year-to-date.

                                    jballs@sh.itjust.worksJ This user is from outside of this forum
                                    jballs@sh.itjust.worksJ This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #17

                                    I keep seeing these numbers from Europe, but have yet to see North America numbers. I'm curious to see if sales are tanking in the US even harder.

                                    C 1 Reply Last reply
                                    0
                                    • I [email protected]

                                      I think it would require massive changes from the top down:

                                      • New CEO
                                      • New Board of Directors
                                      • Focus on quality over stupid gimmicks like fart mode
                                      • Focus on existing issues over self-driving moonshot that’s been promised & delayed for close to a decade now.

                                      And so on…

                                      H This user is from outside of this forum
                                      H This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #18

                                      I believe you missed the joke. He is referencing WW2 and the involvement of Volkswagen.

                                      exu@feditown.comE 1 Reply Last reply
                                      0
                                      • jballs@sh.itjust.worksJ [email protected]

                                        I keep seeing these numbers from Europe, but have yet to see North America numbers. I'm curious to see if sales are tanking in the US even harder.

                                        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
                                        #19

                                        https://finance.yahoo.com/quote/TSLA/

                                        It's down, but not like "crash and burn" down.

                                        jballs@sh.itjust.worksJ R 2 Replies Last reply
                                        0
                                        • C [email protected]

                                          https://finance.yahoo.com/quote/TSLA/

                                          It's down, but not like "crash and burn" down.

                                          jballs@sh.itjust.worksJ This user is from outside of this forum
                                          jballs@sh.itjust.worksJ This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #20

                                          I was referring to Tesla sales in the US, not just the stock price. I keep seeing how sales are down X% in Germany or Y% in the UK, but even during their last quarterly meeting, I don't recall hearing anything about their US numbers.

                                          G 1 Reply Last reply
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