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submitted 1 day ago* (last edited 1 day ago) by MicroWave@lemmy.world to c/world@lemmy.world

Summary

Tesla’s registrations in France dropped 63% in January, their lowest since August 2022, far outpacing the broader total EV sales' 0.5% decline.

Tesla registrations across EU countries fell 13% last year, with Germany accounting for much of the decline.

Sales in Germany, Tesla’s biggest European market, also fell 41% last year due to an aging lineup, competition, and subsidy cuts.

CEO Elon Musk’s political involvement, including support for Germany’s far-right party, may be affecting demand.

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[-] merc@sh.itjust.works 1 points 1 day ago

I don't think you understand what "hedging their bets" means.

[-] Jimmycakes@lemmy.world 4 points 1 day ago

It means they invested a few of their spare billions into opposing technology and companies while you sit at home deciding if you are buying eggs or milk this week.

You dropped this 🤡

[-] merc@sh.itjust.works 1 points 1 day ago

So, they're not Tesla shareholders?

Shock, you can own shares from multiple companies at once. Competitors, even.

[-] merc@sh.itjust.works 1 points 1 day ago

Ah, so they no longer care about how their Tesla shares perform, because they've invested in multiple companies. Gotcha! You're great at investing, I can tell.

[-] sensiblepuffin@lemmy.funami.tech 3 points 21 hours ago

Ah, so you're one of those "deliberately misunderstand" trolls. Goodbye.

[-] merc@sh.itjust.works 1 points 17 hours ago

And you're one of those "oops, I realized I was wrong so I accused someone of being a troll and made my escape" posters.

this post was submitted on 03 Feb 2025
899 points (100.0% liked)

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