Tesla sales almost halve in Europe as Musk faces criticism over Trump ties
Tesla sales almost halve in Europe as Musk faces criticism over Trump ties
Tech billionaire, a close adviser to the US president, is a vocal supporter of Germany’s far-right AfD party
Summary
Tesla's European sales dropped 45% in January, with market share falling from 1.8% to 1%.
This decline comes as CEO Elon Musk faces backlash over his political interventions, including support for Germany’s far-right AfD and ties to Donald Trump’s administration.
Tesla sales plummeted in Germany and France, and it trailed Chinese EV rival BYD in UK registrations.
Despite Tesla’s slump, Europe’s electric vehicle market grew by 34%, with Germany, Belgium, and the Netherlands posting strong gains.
You know, Trump is horrendous but somehow, I think having ties to Musk may be worse than having ties to Trump at this point.
ties to trump is the problem ? not the fucking nazi salute at a political function? twice? I mean fuck both options and musk but man he needs a punch to face. I forgot my point.
He's not facing 'criticism over Trump ties'. He's facing outrage over being a fucking Nazi.
Thank you. I utterly despise the cowardice of the media to call out fascists for what they are. Definitely one of the big reasons we got to where we are now.
Who in the fuck is still buying this shit I can’t imagine the crossover between afd voters and electric car buyers is particularly big to be honest
In the US, sooooo many people are still buying them.
The same people still using Twitter I guess. And can't be added to switch because otherwise how are they going to follow some celebs or some shit; no worries that they're supporting Hitler.
They are terrible cars with wild quality control issues. And they are expensive.
The fun part will be how they will charge them after trump bans ev chargers
I wondered if Tesla was to disappear it would be because of Chinese EV competition. I never thought it would be because Musk would reveal himself as a right wing fascist knobhead.
China is Sun Tzuing so hard right now. “Never interrupt your enemy when he is making a mistake”
I'm scared that the world is going to run out of popcorn because the Chinese are going to eat all of it.
It was Napoleon who said something similar to that quote, but the point stands.
Their stock is also plummeting pretty hard right now 👏
The board: that sounds to us like time to give Elon another bonus
Seems likely.
Waiting for Tesla to oust him as CEO for conduct contrary to the financial health of the company (read: shareholders).
🤷♂️ 🤷♂️
The shareholders are all huge Elon sycophants. If they haven’t ousted him over any of the previous shit he did, I have zero faith they’ll do it now.
If anyone has Tesla stock, dump it now before you lose everything.
Considering almost the entirety of the stocks value is tied up in musk and has almost no correlation with the actual success of Tesla and they’ve literally gone out of their way to force a 56 billion pay package through for Musk, I highly doubt it.
Edit: for reference, the company is worth the next 15 car makers prices combined and probably has less sales than all of them
I believe we will get down to about 25% of what they were selling this year.
Meanwhile the shareholders: "yes, this guy totally deserves $56b!!"
Shocking news... that 55% of European Tesla buyers don't know or don't care about Elon's egregious public Nazi displays.
Ewww— a Tesla. Gross.
Are you sure it wasn't the nazi salute?
If you're a federal employee with TSP:
The C fund includes Tesla, it's very unlikely to convince the fund manager (Black Rock) to drop Tesla, but you can still move to a different fund.
There's no doubt a sales drop due to Musk, but all their factories aren't producing and selling their best model (Y) due to the upgrade, and people have also put off buying a Tesla knowing it was about to happen at the start of 2025.
We won't know the true drop until that vehicle is ramped up at all the factories, which means we won't have proper QoQ numbers until q3 or q4, but I imagine at the month level we might see comparable numbers somewhere in q3.