874
submitted 2 weeks ago by MicroWave@lemmy.world to c/world@lemmy.world

Summary

Tesla's European sales are plummeting, with Germany seeing a 60% drop despite strong EV growth. Similar declines hit Norway, Sweden, and France.

While some blame the Osborne effect—buyers delaying purchases for a refreshed Model Y—Musk’s endorsement of Germany’s far-right AfD may also be repelling customers.

Online backlash has linked Tesla to fascist imagery. In contrast, UK sales fell only 7.8%, suggesting political factors play a role.

With strong domestic EV competition in Europe, Tesla’s reputation crisis could further hurt demand.

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[-] originalucifer@moist.catsweat.com 145 points 2 weeks ago

weird. i guess some people just arent interested in driving Swasticars

[-] 30p87@feddit.org 40 points 2 weeks ago

"Car" is too big a word, "Nazimobil" fits better

[-] Quill7513@slrpnk.net 19 points 2 weeks ago
[-] blakenong@lemmings.world 9 points 2 weeks ago
[-] tiefling 8 points 2 weeks ago

SSyberwagen

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[-] lolcatnip@reddthat.com 5 points 1 week ago

Deploreans.

[-] Habarug@lemm.ee 70 points 2 weeks ago

It is fascinating how little this correlates to the Tesla stock price. It has dropped a bit, down 8.4% in the last month, but it still up 80.8% over the last 6 months. I´m curious what kind of business model the shareholders is expecting from Tesla that does not involve selling cars.

[-] Gsus4@mander.xyz 37 points 2 weeks ago

The market can stay irrational longer than you can stay solvent...or sth like that.

[-] suigenerix@lemmy.world 11 points 1 week ago

"In the short term, the market is a voting machine, but in the long term, it is a weighing machine" - Benjamin Graham ("father" of value investing and mentor to Warren Buffett)

Meaning that in the short term, stock prices can be swayed from a company's true value by investors' emotions and opinions.

But eventually the stock price will align with the company's actual profitability and growth potential.

And you're right that these are crazy times, and the "short term" irrationality can last a lot longer than past experiences.

Historically, we've used examples like the 17th century tulip mania, or the dot com boom, but it won't surprise me if Tesla becomes the poster child for this quote in the future.

[-] Grandwolf319@sh.itjust.works 33 points 1 week ago

Judging on the fact that it jumped up after election day, investors are expecting corporate nepotism to boost profits.

[-] chilicheeselies@lemmy.world 13 points 2 weeks ago

My understanding ia that they get carbon credits for producing EVs which they then sell to carbon producers to offset. They also produce batteries.

That being said, its not going to take a deep dive unless they have consecutive missed eps targets. Even then though, part of Elons MO is to promose some visonary tech that takes year to peoduce so just sitbtight man becauae im telling you its coming...

This time around its robots for the home. Laughable not because we dont have the technology, but who has the disposable income to afford it? Even if they come out, and it turns out people buy them (which also means not heing turned off by musk); where is the moat? What stops a competitor like boston dynamics, samsung, etc from seeing it as validation of a market and then entering it?

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[-] prodigalsorcerer@lemmy.ca 11 points 1 week ago

The share price isn't based on car sales. If it were just about car sales, it would be about 10% of the price it is now.

The share price is mostly ridiculous, but it is also people trying to get in early, on the assumption that they solve FSD, battery storage, Optimus (their robot), and battery manufacturing.

If they solve all of this, then Tesla could 10x again. It's very future dependent, and I think that future is a lot longer away than a lot of other shareholders think.

I got in at ~$20 per share. I've significantly reduced my position over the last few months, but I do still believe in the original mission of Tesla. I just don't think they're going to get there with Elon.

[-] Tja@programming.dev 5 points 1 week ago

IMHO only FSD is something they could potentially achieve, but it took them so long the competition is catching up. At least in Europe (where Teslas have barely functioning traffic sign recognition) other manufacturers have level 3 ADAS in production. Like legally certified and everything.

Their batteries ( both mobile and grid storage) are nothing special, the 4680 is MiA, catl and BYD have bigger market shares already, I don't know about Panasonic and other manufacturers, could be too.

And the robot is vaporware unless proven otherwise.

I'm not a gambler so I won't short it (Elon can give himself trillions in government assistance now), but sure as hell wouldn't hold it anymore.

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[-] Strider@lemmy.world 10 points 2 weeks ago* (last edited 2 weeks ago)

In my opinion this shows how fucking unrelated the whole financial sector is to reality.

It should be shut down or unrelated to the real world.

[-] PrettyFlyForAFatGuy@feddit.uk 8 points 1 week ago* (last edited 1 week ago)

I imagine that the federal government will be buying Teslas by the shipload

The army will be replacing humvees with cybertrucks.

Tesla will announce a CyberTank to replace the M1

i'm only sort of joking

Edit: HA! fucking called it

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[-] thefluffiest@feddit.nl 56 points 1 week ago

You couldn’t pay me to drive one

[-] TheFriar@lemm.ee 35 points 1 week ago* (last edited 1 week ago)

Dude every single time one of my uber/lyft drivers picks me up in a Tesla, I alwats have some kind of issue. The door handles fail to extend to let me get in (what problem was this design even solving?), when I’m inside the way to open the door is so counter-intuitive even after doing it a few times it still takes me way too long to get it open (dumbest design ever…it’s just a button?), the seatbelt buckle doesn’t click, etc.. Cheap fuckin construction.

Just terrible, stupid, designs. Add in the fascist bullshit? Fucking forget it. This asshole is ruining a good chance to cut down on emissions by being the face of EVs

[-] absentbird@lemm.ee 14 points 1 week ago

The door handles were supposed to be more aerodynamic, but other manufacturers have solved the issue more elegantly.

[-] TheFriar@lemm.ee 7 points 1 week ago

We’re the four handles really adding that much drag? I can’t imagine.

[-] xmunk@sh.itjust.works 5 points 1 week ago

Traditional door handles actually reduce smug flow by 60% - the Tesla door handles produce a much more smugrodynamic profile.

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[-] xmunk@sh.itjust.works 9 points 1 week ago

The door handles are just fucking dumb... and on the inside the door release is a... button? Why?

[-] FlyingSquid@lemmy.world 7 points 1 week ago

A button which requires the car's power to be working.

Don't worry, there is an emergency release! It takes a little while to get to, so I hope the burning Tesla you're trapped inside doesn't burn too quickly.

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[-] meowmeowbeanz@sh.itjust.works 44 points 1 week ago

Musk’s clown car of leadership finally careens into reality. When your CEO’s political acumen involves cosplaying as a far-right edgelord, even Europe’s EV adopters—historically tolerant of overpriced gadgets—start side-eyeing the brand. Tesla’s not a car company anymore; it’s a vanity project for a man who thinks “free speech” means platforming Nazis.

Meanwhile, European automakers are quietly eating Tesla’s lunch with actual innovation, not just empty hype. Musk’s fanbase? A shrinking cult of tech bros and crypto gamblers. The rest of us? We’ve moved on to cars that don’t come with a side of embarrassing billionaire tantrums.

Democracy’s broken? Sure. But watching Musk torch his own empire? Chef’s kiss.

[-] WhiskyTangoFoxtrot@lemmy.world 7 points 1 week ago

What's the difference between someone cosplaying as a far-right edgelord and an actual far-right edgelord?

[-] meowmeowbeanz@sh.itjust.works 8 points 1 week ago

The difference? One is a poser draped in the aesthetics of reactionary outrage to court attention and controversy, while the other is fully marinated in the ideology, living and breathing it. The former plays dress-up for clout; the latter believes the costume is their skin.

But let’s not split hairs—both are toxic. Whether it’s cosplay or conviction, the result is the same: amplifying regressive garbage under the guise of “provocation.” One just happens to be better at monetizing it.

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[-] Kyrgizion@lemmy.world 31 points 2 weeks ago

Two of my coworkers were the biggest Elon fanboys and were the first in the office to drive Teslas. That was years ago though. I hear a lot less from them now. I wonder why...

[-] krimson@lemmy.world 31 points 2 weeks ago

I'd be bloody embarrassed if I drove one.

[-] Tja@programming.dev 5 points 1 week ago

I'm probably not your coworker, but it was the case with me. I liked the guy when he was a weird nerd and I liked the car.

I still like the car to be honest but I'm seriously considering buying a bumper sticker with "I bought this before I knew he was a Nazi".

No way I'm buying another one as long and he's related to the company in any way.

[-] Punchshark@lemmy.ca 24 points 2 weeks ago

Can we send another tesla to space with the musk rat tied to it?

[-] FlyingSquid@lemmy.world 25 points 2 weeks ago

I always like to point out that Mr. "We Must Colonize Mars" is too chickenshit to get on one of his own rockets. Even motherfucking Bezos had enough balls to do that.

[-] Zahille7@lemmy.world 11 points 2 weeks ago

Not even just him, but a whole group of other rich people and celebrities.

[-] andrew_bidlaw@sh.itjust.works 10 points 2 weeks ago

OceanGate happened too soon and with wrong people.

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[-] Zink@programming.dev 24 points 1 week ago

I must say congratulations to Mr. Musk on finally finding that one special picture that will live on in the history books. You wanted to be remembered, and you are well on your way to having the name “Elon” be right up there with “Adolf” when people are choosing names for their children.

[-] Theonetheycall1845@lemmy.world 7 points 1 week ago

Elon Shitler has a nice ring to it. #PresidentElon please use this hashtag in all your sm post. We need to sew divide wherever we can and baby Trump really cares about shit like this. ✊🏻

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[-] Blackmist@feddit.uk 19 points 2 weeks ago

When it comes to EVs, the US is on the wrong side of history. Tesla may be there, but the US main export is oil and has been for at least 15 years.

Tesla is valuable because they're looking to put taxi drivers out of a job forever.

China on the other hand has hardly any oil. Same with most of Europe. On this issue at least, we should be allies.

Between them the US, Russia and Saudi Arabia will still boil the Earth, but at least we won't be fuelling their war machines while they do.

[-] floquant@lemmy.dbzer0.com 19 points 2 weeks ago* (last edited 2 weeks ago)

He'll make the world's first reverse class action lawsuit accusing everyone who hasn't bought a Tesla of boycott

[-] davepleasebehave@lemmy.world 11 points 1 week ago

when is international break a Tesla window day?

[-] PonyOfWar@pawb.social 16 points 1 week ago

And make Tesla more money by selling replacement windows? Nah. If you need to let out your anger on random people's cars, buy some "Fuck Elon" stickers and stick those on the back.

[-] Ronno@feddit.nl 15 points 1 week ago

Destroying peoples property is not the answer. Declining sales figures is.

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[-] b3an@lemmy.world 10 points 1 week ago

Fuck around and find out is his new M.O.

Not sure if it's just the promotion of the far-right parties.

For me at the latest after his "Heil Hitler" salute I'd be completely ashamed driving that car.

Might be interesting to see the exact daily timeline of the sales, if it collapsed after the 20th january.

[-] Aceticon@lemmy.dbzer0.com 6 points 1 week ago* (last edited 1 week ago)

Having lived in a couple of countries in Europe, including a decade in Britain, I would say the UK is one of the most Fascist countries in Europe (for example having a citizen surveillance system even more extreme than the US and Press censorship in the form of D-Noticies), though elites there are extremelly good at being subtle and posh about it so the will keep up appearences: you won't see goose stepping on the streets but for example in peaceful demonstrations the police will charge the crowd and News will report that - by showing the footage in the inverse order - as people first charging the police who then responded to it and you won't see an overt Secret Police but once in a while out pops a leak of a special group within the normal police infiltrated Ecologist groups with undercover police officers (which came out because some female Ecologists ended up pregnant) or how their surveillance organisation kept Greenparty leaders under surveillance.

Back during the Nazi times the British elites were even pro-Nazi (there's a picture of Queen Elizabeth as a child being taught by her uncle - then King - to do a Nazi salute) and it was only the Nazi invasion of Belgium that changed their minds, so geopolitics rather than a dislike of the Nazi ideology of ethnic superiority (notice how over the years British elites kept supporting white colonialism and their violence, from Appartheid South Africa to Genocide Israel). More in general, the elites over there (which are overwhelmingly dynastic in nature, and I don't mean just the Royal Family) are strong believers in their own inherent superiority over others as justification for their wealth, so the whole ubermenschen and untermenschen thinking applied along class lines rather than just races (but races too: Brits tend to believe themselves superior to just about all foreigners but Americans and for example some of the most celebrated heroes of Britain - such as Churchill - actually ordered the execution of Genocides in the British Empire possessions).

All this to say that to me, having lived over there for a decade, the British's minimal response to Fascism compared to the rest of Europe isn't surprising - they live in a Society than in many ways runs along similar molds, harbours similar ideations about the inherent worth of people and is (including the Press) controled by elites who mostly are the same families that supported Nazism before Hitler invaded Belgium.

[-] Deway@lemmy.world 5 points 1 week ago

Most of Europe was okayish with the Nazi to be fair. We would evn turn away Jewish refugees before the war. Let's be clear that WW2 didn't happen because of the Genocides but only because of the invasions of other countries. The UK is not special in that regard.

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[-] reksas@sopuli.xyz 5 points 1 week ago

when i see someone drive tesla, i feel like i should show my disapproval somehow. But i dont know how to do that in such way the message is understood without making the other one defensive since that would just make the problem worse.

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[-] Gammelfisch@lemmy.world 5 points 1 week ago

Hopefully, the Tesla nose dive spreads to his other businesses.

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this post was submitted on 09 Feb 2025
874 points (100.0% liked)

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