Summary
Tesla’s sales in Europe collapsed in April, plunging over 50% in several countries despite an overall 23.9% rise in EU EV sales.
Sweden saw an 81% drop, the Netherlands 73.8%, and France 59%.
The refreshed Model Y failed to revive interest as buyers turned to alternatives, citing CEO Elon Musk’s controversies or superior competitors.
Tesla’s Q1 EU market share fell from 2.4% to 1.3%. Including the UK and EFTA, sales dropped 37.3%. Globally, 2024 was Tesla’s worst delivery year in two years, raising doubts about a near-term recovery.
Fucking wonderful!!!
More of this please!!
“Drive” the value of the Swastikar into the fucking ground.
🤡 😂 🖕 🖕
They need to calm down with that title. It’s only been a few months. Unfortunately people forget way too easily.
I suspect Americans may forget, but maybe not Europeans given that him and Trump insulted their national pride. Same with Canadians.
I do hope Americans never forgive and never forget on this one.
What baffles is how completely overbought the stock is and how it refuses to collapse. There must be some big whales propping him up.
On the flip side, titles like this will help people to not forget.
There’s a pretty decent chance of major government action to support the company can be bought. Shit, musk may help build a very expensive situation for himself.
I do my part here in Denmark (which is chock full of Tesla), by giving the middle finger to every Swastikar that passes me by on my commute by bike.
I’m kind of amazed how many unvandalised Teslas there are here in Copenhagen.
At least we are not letting Tesla start a self-driving test on our streets as Norway is doing.
Surely you could manage two middle fingers as long as you’re not in a sharp turn!
I am ashamed to say that, even after 15 years in cycling cities, I have never learnt to bike with hands on the handle.
I think it’s part of my personality: 20 years ago when I still drove a car I was fixed with my hands at 10 to 10 on the wheel and I approach every keyboard with my left hand in the WASD shape.
I have never learnt to bike with hands on the handle
my hands at 10 to 10
I’m not sure if you are a terrible driver and bad typer or great driver and good typer…
Ooops, it’s “without” hands on the handle.
And 10 past 10.
I am a late typer.
It’s a completely overvalued company. Other car companies have a much higher production rate, sell more cars, at a much better quality, and have more market share, yet don’t “enjoy” the same kind of market valuation. In Germany, Teslas are on par with Dacia in terms of production quality, yet Dacia sells cars at a fraction of the cost of Tesla. In other words, it’s a bubble. One way or another, it will burst, and if it takes the nazi boss in charge down with it, even better.
Can’t pretend I’d be sad to see them crash out completely, although it does make me feel a little uneasy for repairability of existing Teslas.
Nazi or no nazi, it isn’t gonna be good for the planet to have a whole bunch of cars deemed irrepairable, although my guess is a buy out would stop that happening.
When the inevitable revolution is complete, Tesla needs to be socialized! People should really start talking about this and aiming for it seriously as a an end goal.
Tesla is manufactured locally and they’ve been heavily investing in building factories while all the other car makers went out. This is one of the things Tesla did right and why Elon was well loved by liberals, before he went all out as a Nazi.
And look the last thing I want to do right now is defend Elon’s anything, and the Chinese EVs have really caught up, but Teslas are great EVs that are reliable but will be on the road and need service for decades to come.
Socialize and nationalize Tesla, it was built by the most talented American engineers and hard workers all for the profit of one Nazi and his family, let’s fix that last bit.
Socialize Tesla. Take it back from the Nazi enemy of the state, give it back to the people who built it.
Teslas are great EVs
Are they though? I would never buy a Tesla, I would buy an Ioniq in a heartbeat though
Edit: this is not a criticism, I agree with your comment. Just a discussion. I would argue that Tesla is way behind on tech
I hate how reliant on touch screens they are. Ain’t for me, but many new cars are like that these days. Not a fan really.
It’ll be nice when that fad passes, it’s absolutely shit from a human-factors engineering point of view and I’m sure a properly-conducted study would show that it costs lives.
Their repairability shouldn’t be reduced that much more than what they already are to be fair
Good. Destroy it!
I don’t understand why their stock is still 51% higher than it was one year ago.
It went down significantly since the beginning of the year (~-25%) but less that it went high after November election (~+100%).
Because Tesla stock is essentially a meme stock and always has been. It’s not based on the actual boring making of cars, but rather the strength of musk’s bullshit powered reality distortion field.
There’s always some vaporware next big thing that he pitches, but never actually delivers on which is used to justify their ridiculous valuation.
Because Tesla is a meme stock.
It’s price has always been completely decoupled from the number cars they sell, and depends on musk constantly lying and promising fully working humanoid robots and self driving taxis by next year.
The investors are betting Musk will be able to latch onto the subsidy titty even more than he’s done already.
Take it to Zero. This company has to go.
The SuperCharger network needs to be spun off into its own company. It’s one of the few positive things to come out of the company, especially now that the Tesla NACS plug/socket has become the SAE J3400 open standard and most EV manufacturers have announced support for it. It’s the only international EV fast charging network that can be seen as comparable to similar gas/petrol chains.
Their battery storage division that manufactures PowerWalls, MegaPacks, etc. should also be saved (perhaps spun off as well). Those are good quality home & grid-scale battery solutions.
Their cars, vaporware solar products, robots, etc. all deserve to go the way of the dodo as quickly as possible.
Anything that would see Muskrat profit should be boycotted and discarded.
Burn baby burn
What baffles me is that conservatives usually don’t believe in global warming and don’t care about the environment so they are less likely to purchase an EV. So why is Musk courting them? Presumably he did a lot of damage to the brand. And it doesn’t help either that the Cyberpunk is one giant flop, similar to Fiat Multipla.
Honestly hoping conservatives start buying EVs en mass to own the libs.
Most cannot afford them.
Lol yeah for real, there’s a chance Elon will finally do some good again by getting conservatives to buy EVs. Then maybe go to jail too.
I think that was his strategy too, but he went way overboard – full nazi even. I think he also took too many drugs and lost control.
Musk was courting democrats until he fell out with them over labour rights. I think his “republican phase” started due to pushing for less workers rights in the US, so that he can make cheaper cars.
That was obviously a long time ago, before X and DOGE, he’s clearly in a delusional hate bubble at this point and expecting rationally explainable actions is unfortunately too big an ask.
On other words, he’ll buy off whoever he thinks will give him what he wants.
I’ve gotten Multiplas as rentals on a couple occasions. They’re ugly as sin, but are actually kind of practical, don’t have the same crap quality as a Tesla, and cost a lot less.
Fair point, I was mostly talking about the looks. What makes matters worse is that the Cyberpunk is also very dangerous on the road both for pedestrians and also other cars. I am so glad that this monstrosity isn’t allowed in Europe.
hes hoping to get into the AI space like thiel with palintir, ive said it he largely abandoned “TESLA” already
New bright shiny object incoming!
They should scour military stockpiles for any left over ww2 explosives and use them to demolish all tesla factories and dealerships. Give those old material their final hurrah in taking down fascism.
If it lost 90% of its value, it’d still be overvalued
Womp womp
Tesla death spiral! Now do Elon!