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.
It’s because he is a Nazi. Nobody should support a Nazi.
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
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.
This.
The guy who sure made a big deal of “I don’t care” during cancellations and “💩” for official comment requests, suddenly demanding empathy and getting the Republican caucus and media circuit to throw him a pity party is undoubtedly the “white persecution” he continues to push.
Who needs satire.
Wish the stock would crater. It seems to be bouncing back up atm.
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.
Yea the real issue is that it’s in the indexes. Can’t not buy it in that case.
This is unfortunately not an option for everyone, but personally this is what I’m doing to reduce my exposure to Tesla via index funds.
I’m transferring mine to a group of non-US-specific indexes. The world indexes unfortunately still hold some Tesla, but the emerging markets ones sure don’t. In my previous retirement fund, a huge part was an S&P 500 index, but now there are no “US only” index funds. Also only one of the indexes is managed by a US company - previously there were a bunch of blackrock and vanguard funds in it. In case you’re wondering why I said “I’m transferring” and not “I transferred”, it’s because I can’t do it instantly. The application has been put in already though.
It’s not a huge amount of money (5 digits, I’m young, have only been working decent jobs for the last 6 years) and I don’t have full control of it since it’s in a pension system where the laws specify how much diversity there has to be, what the max fees can be, etc, and local banks run different funds you can switch between. I’m just doing what I can.
As for investments outside of this system, I’m thinking of buying some of this new Europe defense index ETF in addition to other interesting European and potentially Emerging Markets ETFs I might find. I think betting on Europe getting its shit together is a smart choice because if we don’t, we’re fucked anyway and if we do, I might as well make a small profit off it.
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 is 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.
You simply can’t have a company that operates at less than 10% margin, lose almost half their revenue, while still having the cost of production capacity, without also having serious losses.That wasn’t an idiot, that dude was trying to dump while he could.
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.
https://finance.yahoo.com/quote/TSLA/
It’s down, but not like “crash and burn” down.
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.
Your caredge article gives context for actual numbers rather then percent. Tesla sells between 110-170k per quarter in the US. It’s down 11% in January in the US according to Business Insider. While still selling 35,000 more vehicles then Ford in that month.
Where as Germany sold 1,429 Tesla vehicles in February, Australia sold 1,592, and France 2,395.
So the scale of sales is vastly different. This is not to say it’s not having an impact, but to dig into a percentage or statistics. (Mind you I wouldn’t use percentage in this post, except I can’t find the month on month numbers without paying for it, so I’ll wait for it to come out in future reports.)
Thanks! Q4 numbers are a little down. I guess it’ll be the Q1 numbers that should be the most interesting.
I’m curious, too. I just don’t see a lot of right-wing voters buying Tesla to own the libs.
Especially with trump spewing at rallies about how shitty EVs are.
They haven’t released earnings yet. Elon will likely use accounting fuckery to make it look better than it is, but I guarantee its not good.
Let both sales and stock price crash into oblivion.
Fuck around, find out
I wonder if Tesla will be considered a good car brand in 100 years, like how Volkswagen is today.
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…
I believe you missed the joke. He is referencing WW2 and the involvement of Volkswagen.
VW definitely fixed the first two points though and the other two don’t apply.
Someone tell that to the stock price.
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
You rite
The 1Y is up, but a LOT of gains have been lost in the last month or two.
Hopefully it’s a dead cat bounce. Falling shares often recover slightly, before continuing their fall. Only time (and action) will tell.
All the big money is getting out, or likely doing a brief pump while they’re shilling to all the redhat suckers to become future bag holders.
