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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.

(page 2) 47 comments
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[-] xenomor@lemmy.world 13 points 2 days ago* (last edited 2 days ago)

Well, at least his big robotaxi trial is going smoothl— uh, oh no.

[-] kebab@endlesstalk.org 12 points 2 days ago

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

[-] Paddzr@lemmy.world 7 points 2 days ago

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).

[-] BenjiRenji@feddit.org 3 points 2 days ago

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.

[-] TBi@lemmy.world 2 points 1 day ago

German car compete too busy fucking over their customers to notice china taking over.

[-] Tja@programming.dev 1 points 2 days ago

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.

[-] kebab@endlesstalk.org 2 points 2 days ago

Sure! https://www.jato.com/resources/media-and-press-releases/byd-outsells-tesla-in-europe-for-the-first-time-as-registrations-surge-in-april

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

[-] Tja@programming.dev 1 points 2 days ago

Well, I think it confirms what I said, BYD barely making it to the top 10 with 7k units sold while Volkswagen group has 3 of the top 4 brands (for EVs) with 50k units sold. Plus BMW, Mercedes, Renault and Hyundai groups. Chinese cars are growing by a lot of % because they had a minuscule market share. As of today, they are still a small part of the market, let's see where they land when they stabilize.

[-] Mothra@mander.xyz 5 points 2 days ago

Ohhhh, nooohhhh...! How teeeeerrible...! I'm shóck!

[-] weew@lemmy.ca 4 points 2 days ago* (last edited 2 days ago)

Honestly I don't think it's really due to Elon hate. Sure people might not like him there much but it's not nearly as intense as the left/right divide in the US.

The real reason is that in Europe they aren't banning Chinese cars outright, so they have to compete against Chinese cars that are amazingly advanced for the price.

Anyways I'm sure Tesla's plan to drop the $25000 model is working out just fine.

[-] rustyfish@lemmy.world 5 points 2 days ago

Einer geht noch! 🎶

[-] xenomor@lemmy.world 1 points 2 days ago

Well, at least his rockets aren’t blowi— oh, too bad.

[-] Blumpkinhead@lemmy.world 1 points 2 days ago

Mmmmmm...delicious

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this post was submitted on 26 Jun 2025
695 points (100.0% liked)

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