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.
Oh, i thought it was only down because Elon was off in Washington making America super awesome and not around to provide his brilliant leadership to Tesla
Could I have a list of these “investors?” Because they sound like fools who deserve to be tricked out of their money.
Einer geht noch! 🎶
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
It’s like with Apple and their overpriced stuff… Well marketet and a rich posterboy.
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
Even European brands like Polestar belong to Chinese companies by a large share. But yes, German car manufacturers were asleep at the wheel and now they even lobby against the combustion engine ban because they would be left with near zero business.
German car compete too busy fucking over their customers to notice china taking over.
I hate how much BYD pays people off. And they’re suing people in China for “damaging their brand”. I guess so did Tesla that one time, but only one of them runs slave camps (including outside of China).
And this is only one of their dubious “techniques” to lower the costs: https://www.heise.de/en/news/Presumably-Chinese-industrial-spies-stole-VW-data-on-e-drive-technology-9692416.html
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.
Regarding the other brands - some cars, like the very popular Dacia Spring, are not manufactured by Dacia in Europe but 100% by Dongfeng in China.
The Chinese brands are on the rise and those are not just the relative numbers but the absolute numbers too. The data for Q2 shall be there in a few days, I guess it’s worth to wait for it
good. please don’t stop until he’s destitute.
If you want EVs to be a thing, China has won the round on this one.
🤣 🤣
a blow to investors who had hoped anger toward Elon Musk would have faded by now
Methinks they may have underestimated Elonazi’s dickishness, stupidity, arrogance, and power to piss people off…
OMG that’s funny. 🤣 🤣
Not too mention Tesla stock being his slush fund to ruin the world with his Nazi bullshit
Some of them may quietly have the same political view as him, and at worse, most of them don’t care about his views. Their failure to understand the rest of the world does mind just show that they’re not half as smart as they think, and they’re totally disconnected from the normal world.
Needs to be in the negative worldwide.
And their stock is still too damn high!
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.
Looks like Elon took the “shut your stupid fucking mouth up” advice. Too bad the damage to his image is irreversible. Oh well. I’m afraid I’m all out of tiny violins as well.
Elon, take that bitch! how do you like it? Don’t like it? Well here it comes anyway!
Oh no how unfortunate.
Anyways…
At this point if a person buys teslas they are either a Nazi or ignorant and neither is good.
Ignorant, e.g. the “I didn’t know” crowd 1 mile downwind of the concentration camp.
I’ll be happy when there’s nothing to report because there are no more sales.
