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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.

    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.

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        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

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          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
            [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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                • 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.

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                  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...

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                    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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