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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.

    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
    #46

    who had hoped anger toward Elon Musk would have faded by now

    Even fucking goldfish remember what he's done. He has irreversibly associated Nazism with Tesla at the same time that cheaper and better electric vehicles are coming out of China. The only way is down and that's not going to change until he is no longer part of Tesla and a lot of time has passed.

    T W B nulluser@lemmy.worldN 4 Replies Last reply
    41
    • P [email protected]

      Or having it vandalized.

      rammer@sopuli.xyzR This user is from outside of this forum
      rammer@sopuli.xyzR This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #47

      Or it being a death trap in an accident.

      1 Reply Last reply
      10
      • C [email protected]

        Hey elon dont worry the right wing nut jobs are gonna start buying your teslas, ah right most of them are broke lol

        wabafee@lemmy.worldW This user is from outside of this forum
        wabafee@lemmy.worldW This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #48

        Even better they don't drive teslas cause they want those gas guzzler.

        M 1 Reply Last reply
        7
        • lennybird@lemmy.worldL [email protected]

          Rivian seems better in literally every way, isn't it?

          bytejunk@lemmy.worldB This user is from outside of this forum
          bytejunk@lemmy.worldB This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #49

          In Europe at least, Chinese cars.

          Last month on my neck of the woods, YoY car sales were up 16% and yet Tesla was down 68% this month alone, while BYD was up 331,6% (yes, 3 digits).

          With these changes, Tesla isn't even in the top 10 anymore (at one point it was #2!) and has been leapfrogged by BYD, who seems very likely to continue climbing and break into the top 3 sellers.

          Tesla is dead.

          W 1 Reply Last reply
          3
          • fuglyduck@lemmy.worldF [email protected]

            In Tesla's case, its because they rushed to beat the competition. You'll notice they were a "tech company" not a traditional car company. The actual car companies came out with mature, fully baked, offerings rather than trying to be the first.

            T This user is from outside of this forum
            T This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #50

            Oh boy, you haven't heard of the ID.3, have you? Or the bzx4. Or the corsa. Or...

            1 Reply Last reply
            0
            • M [email protected]

              And that's a very fair point, but at least around me, the deductible costs about 100€ if someone damages my car while it's legally parked. I'm not going to worry much about someone dinging my car once in a blue moon with that kind of deductible, and I'm definately not going to pay ekstra to get a fancy camera system.

              T This user is from outside of this forum
              T This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #51

              What about your insurance rates going up?

              M 1 Reply Last reply
              0
              • K [email protected]

                Sad part is that they’re getting outcompeted by the Chinese EVs, not the European carmakers. The whole money will just fund CCP’s ambitions instead of US ambitions, neither of which is good for European future

                T This user is from outside of this forum
                T This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #52

                Do you have numbers? Because Chinese cars are growing by triple digits because they were basically at 0, the numbers I saw recently VW, stellantis, Hyundai, BMW and Mercedes were in the top 10.

                K 1 Reply Last reply
                0
                • T [email protected]

                  It's been a while since I looked at EVs, but my (US) experience at the time was that Tesla was one of very few companies offering sedan-shaped EVs. The US market was full of crossovers & SUVs (like Rivian), and that form factor seems antagonistic to many of the things that make high performance, long range EVs: terrible aerodynamics, high body weight, poor visibility... They're big enough to fill will batteries to compensate for the poor efficiency, but that just raises costs.

                  bytejunk@lemmy.worldB This user is from outside of this forum
                  bytejunk@lemmy.worldB This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #53

                  Don't know about availability in the US, but at least in Europe there are many, many alternatives out there, both from traditional brands (Mercedes, BMW, etc etc) and more recently, from Chinese brands.

                  A friend bought a BYD Seal the other day, he got a total bargain for their top version at 41k€, but that got me looking into them, and their lineup is looking pretty impressive.

                  T 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.

                    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
                    #54

                    Let's keep it going, I wanna get paid for getting a Tesla.

                    venus_ziegenfalle@feddit.orgV 1 Reply Last reply
                    16
                    • T [email protected]

                      What about your insurance rates going up?

                      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
                      #55

                      I just took a look on my insurances online calc. I'm contractually guarenteed to not have my rates go up no matter what.that isn't an extra thing, it's part of the base insurance. If I pay 100€ ekstra pr year, they completely remove the deductible from damage to the car while it's parked up to a repair cost of 2000€.

                      T 1 Reply Last reply
                      0
                      • M [email protected]

                        I just took a look on my insurances online calc. I'm contractually guarenteed to not have my rates go up no matter what.that isn't an extra thing, it's part of the base insurance. If I pay 100€ ekstra pr year, they completely remove the deductible from damage to the car while it's parked up to a repair cost of 2000€.

                        T This user is from outside of this forum
                        T This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #56

                        Sounds nice!

                        1 Reply Last reply
                        1
                        • bytejunk@lemmy.worldB [email protected]

                          Don't know about availability in the US, but at least in Europe there are many, many alternatives out there, both from traditional brands (Mercedes, BMW, etc etc) and more recently, from Chinese brands.

                          A friend bought a BYD Seal the other day, he got a total bargain for their top version at 41k€, but that got me looking into them, and their lineup is looking pretty impressive.

                          T This user is from outside of this forum
                          T This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #57

                          Like I said, it's been a minute, but BYD isn't available in the US; looks like Mercedes offers 4 SUV/crossover models starting at $55k and 2 sedans starting at $75k; Kia is all SUV; Hyndai has one sedan and two crossovers. Ford is crossover/truck; GM is all SUVs. More than there were, but non-Tesla sedans are still the exception. I'd love to see BYD in the US. Love to see KEI in the US.

                          F 1 Reply Last reply
                          1
                          • D [email protected]

                            who had hoped anger toward Elon Musk would have faded by now

                            Even fucking goldfish remember what he's done. He has irreversibly associated Nazism with Tesla at the same time that cheaper and better electric vehicles are coming out of China. The only way is down and that's not going to change until he is no longer part of Tesla and a lot of time has passed.

                            T This user is from outside of this forum
                            T This user is from outside of this forum
                            [email protected]
                            wrote on last edited by [email protected]
                            #58

                            Eve if he suddenly no longer had influence over Tesla, he's ruined their reputation enough that others have had time to catch up and make better vehicles.

                            1 Reply Last reply
                            2
                            • C [email protected]

                              Hey elon dont worry the right wing nut jobs are gonna start buying your teslas, ah right most of them are broke lol

                              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
                              #59

                              Awww go fashy, stonk crashy 😢 😢 LOL

                              1 Reply Last reply
                              4
                              • theprogressivist@lemmy.worldT [email protected]

                                Also, one huge Pro to not having a tesla is not having to worry about it blowing up for no reason.

                                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
                                #60

                                Or (hopefully?) not having private stuff the car recorded passed around the company's office for chuckles.

                                1 Reply Last reply
                                5
                                • D [email protected]

                                  who had hoped anger toward Elon Musk would have faded by now

                                  Even fucking goldfish remember what he's done. He has irreversibly associated Nazism with Tesla at the same time that cheaper and better electric vehicles are coming out of China. The only way is down and that's not going to change until he is no longer part of Tesla and a lot of time has passed.

                                  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
                                  #61

                                  Cheaper and better EVs are here from lots of European, Korean, and (to a lesser degree) American brands.

                                  It's been a long time since was "the only choice".

                                  1 Reply Last reply
                                  3
                                  • bytejunk@lemmy.worldB [email protected]

                                    In Europe at least, Chinese cars.

                                    Last month on my neck of the woods, YoY car sales were up 16% and yet Tesla was down 68% this month alone, while BYD was up 331,6% (yes, 3 digits).

                                    With these changes, Tesla isn't even in the top 10 anymore (at one point it was #2!) and has been leapfrogged by BYD, who seems very likely to continue climbing and break into the top 3 sellers.

                                    Tesla is dead.

                                    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
                                    #62

                                    In Europe, European cars are a better choice than Teslas.

                                    1 Reply Last reply
                                    2
                                    • archmageazor@lemmy.worldA [email protected]

                                      Let's keep it going, I wanna get paid for getting a Tesla.

                                      venus_ziegenfalle@feddit.orgV This user is from outside of this forum
                                      venus_ziegenfalle@feddit.orgV This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #63

                                      Unless he steps down as CEO and sells all his shares I don't see a Tesla redemption arc in Europe anytime soon.

                                      L D merc@sh.itjust.worksM 3 Replies Last reply
                                      9
                                      • wabafee@lemmy.worldW [email protected]

                                        Even better they don't drive teslas cause they want those gas guzzler.

                                        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
                                        #64

                                        Honestly, if he can get them to switch from those gas guzzlers to Teslas, that would still be better. But for that to work, the brand has to be utterly reviled by any "libtards". So keep sinking Tesla and let the Nazis rescue it.

                                        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.

                                          nutwrench@lemmy.mlN This user is from outside of this forum
                                          nutwrench@lemmy.mlN This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #65

                                          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 1 Reply Last reply
                                          13
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