this post was submitted on 26 Jun 2025
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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.

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[–] Montreal_Metro@lemmy.ca 17 points 6 days ago (1 children)

At this point if a person buys teslas they are either a Nazi or ignorant and neither is good.

[–] misteloct@lemmy.dbzer0.com 8 points 6 days ago

Ignorant, e.g. the "I didn't know" crowd 1 mile downwind of the concentration camp.

[–] rickdg@lemmy.world 9 points 6 days ago (1 children)

If you want EVs to be a thing, China has won the round on this one.

[–] Xande@discuss.tchncs.de 1 points 6 days ago

Sad but true

And still "Top Managers" wonder why...

[–] pyre@lemmy.world 6 points 6 days ago

good. please don't stop until he's destitute.

[–] Bebopalouie@lemmy.ca 8 points 6 days ago

I’ll be happy when there’s nothing to report because there are no more sales.

[–] Showroom7561@lemmy.ca 6 points 6 days ago (1 children)

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.

[–] korsystems@lemmy.ml 3 points 6 days ago (1 children)

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

[–] Xande@discuss.tchncs.de -1 points 6 days ago

It's like with Apple and their overpriced stuff... Well marketet and a rich posterboy.

[–] resipsaloquitur@lemmy.world 4 points 6 days ago (1 children)
[–] Xande@discuss.tchncs.de 2 points 6 days ago
[–] ximtor@lemm.ee 1 points 6 days ago* (last edited 6 days ago)
[–] sznowicki@lemmy.world 90 points 1 week ago (24 children)

Apart of Elon being idiot why would we even consider buying Tesla anyway? Competition is much better when it comes to things like access to authorized service. Charging network is a non-issue in Europe as we have full roaming and one socket standard and brands like Kia, Mercedes or even BYD have competitive prices while all being great quality.

[–] Theprogressivist@lemmy.world 59 points 1 week ago (3 children)

Also, one huge Pro to not having a tesla is not having to worry about it blowing up for no reason.

[–] P00ptart@lemmy.world 16 points 1 week ago (1 children)
[–] rammer@sopuli.xyz 17 points 1 week ago

Or it being a death trap in an accident.

[–] FuglyDuck@lemmy.world 14 points 1 week ago

c'mon, incidental explosions are what make life exciting!

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[–] My_IFAKs___gone@lemmy.world 30 points 1 week ago (3 children)

According to Tim Urban's blog article on Tesla and Muck from 2015, one of Muck's stated goals was to jumpstart the other auto manufacturers into producing their own EVs to accelerate the trend toward a more sustainable energy future. Whether that was true then or now is irrelevant, but it is nice to see EVs of many brands being made and purchased. Obligatory Fuck Muck, existential disappointment that he will forever be.

[–] stoy@lemmy.zip 35 points 1 week ago (1 children)

That is the one credit I will give to Tesla and Musk, they made the EV not only a realistic choice, but actually cool.

The original Model S was a cool car when it was launched, but now there are plenty of other cooler alternatives.

[–] entwine413@lemm.ee 14 points 1 week ago* (last edited 1 week ago) (12 children)

It's not rare for the first company to bring a product to market to not be the top dog once other companies get involved.

For instance, Kodak pretty much invented the digital camera, but Canon and Nikon are the clear leaders now while Kodak's digital camera division was sold off.

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[–] dellish@lemmy.world 63 points 1 week ago (13 children)

who had hoped anger toward Elon Musk would have faded by now

Even fucking goldfish remember what he's done. He has irreversibly associated Nazism with Tesla at the same time that cheaper and better electric vehicles are coming out of China. The only way is down and that's not going to change until he is no longer part of Tesla and a lot of time has passed.

[–] nulluser@lemmy.world 2 points 6 days ago

Even fucking goldfish remember what he’s done.

And that's saying something.

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[–] hefejefe@lemmy.world 52 points 1 week ago

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.

[–] lupusblackfur@lemmy.world 51 points 1 week ago (2 children)

🤣 🤣

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. 🤣 🤣

[–] matlag@sh.itjust.works 2 points 6 days ago

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.

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[–] Kickforce@lemmy.wtf 35 points 1 week ago (1 children)

I read Musk fired the Tesla manager for Europe and North America over the low sales, as if those weren't a direct result of Musk's own actions. Like there is only one person responsible for pushing the stupid cybertruck and for associating the brand with fascism.

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[–] carlossurf@lemmy.ca 30 points 1 week ago (4 children)

Hey elon dont worry the right wing nut jobs are gonna start buying your teslas, ah right most of them are broke lol

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[–] ArchmageAzor@lemmy.world 26 points 1 week ago (7 children)

Let's keep it going, I wanna get paid for getting a Tesla.

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[–] wanderwisley@lemm.ee 21 points 1 week ago

Needs to be in the negative worldwide.

[–] NutWrench@lemmy.ml 20 points 1 week ago (1 children)

Could I have a list of these "investors?" Because they sound like fools who deserve to be tricked out of their money.

[–] MrMakabar@slrpnk.net 1 points 6 days ago

Just look up the Musk followers on Xitter.

[–] fluxion@lemmy.world 18 points 1 week ago

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

[–] xenomor@lemmy.world 14 points 1 week ago* (last edited 1 week ago)

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

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