Sales of new Tesla cars slumped in Europe last month in the latest indication of a potential buyer backlash over Elon Musk's high profile and controversial behaviour since becoming a leading figure in Donald Trump's administration.
The Texas-based electric carmaker sold less than 16,000 vehicles across Europe last month, down 44% on average across 25 countries in the EU, the UK, Norway and Switzerland, according to data compiled by the research platform Jato Dynamics.
Oh, dear. Poor old Elon. What a shame, I say.
But what really concerns me is that some people are still buying his cars. Why, is the obvious question?
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Furthermore the stock price has dropped from 285 the day after Trump was elected to around 275 today. I bet he’s gutted if he got into bed with politics to make the rich like himself richer, and if he wanted to increase inequality the European purchasing of his cars and the non-existent purchases by motability in the UK would indicate Elon is failing on that too.
What could be the true motivation of this neuro-diverse person who says one thing one minute and then something completely different a week later.
“the stock price has dropped from 285 the day after Trump was elected to around 275 today.”
I think this must be a typo. Dropped from 485, perhaps?
Musk’s biggest Tesla factory is in Shanghai. In 2023 Tesla sold 654,888 EVs in the US and 603,304 in China. It sold 657,102 in China in 2024. January 2025’s Chinese sales were down 15%.
Not sure that the Chinese car buyers will be overly concerned about the state of the USA at present. They might be laughing at the mess though.
Instead Tesla is apparently losing market share to BYD.
Interesting
Yes I know its X
https://x.com/StonkKing4/status/1904238701368275370/photo/1
What does Musk care?
He’s got his free pass in government now and can help himself – which he will, I wager.
Two reasons: Firstly: some people consider them to be good cars and secondly, some people support what he does politically.
You do, one or both?
It could be neither. I don’t know enough about the cars and we don’t have a driveway so an electric car is currently rather impractical. I support his stance on free speech.
Then you are a total fool – because his stance is to deny free speech and underline democracy.
Don’t call again.
Let’s not blame what seems to be a great product with a good enough contribution to net zero on the cuckoo who flew in with Daddy’s money and bought a cimpany that he had no input in making what it was.
The question has to be, what does he have up his sleeve with his attempts to grab US citizen’s data and his investment in Signal…
Why not blame the product?
Do you think it independent of him? How?
And given the product is as much about marketing as it is anything else, how can you make the claim you do?
When a cuckoo buys a company making a good product – which Tesla is – it’s still the cuckoo to blame for batshit crazy business strategy.
Can you really not separate the man from the companies he buys?
Do you not agree that selling more Teslas is good for the planet, long-term?
I am not at all convinvced by electric cars
The energy may well be gas generated
The car consumes masses of resources – and they seem unnecesarily profligate
They encourage private miles – and sio the use of tyres and brakes, both deeply polluting
Tesla is a luxury consumer product. Should I be excited by that?
Correction – the DOGE Destroyer has claimed to have “donated” to Signal, not “invested” in it.
The messaging app is an open source not for profit, and also not listed for trading on stock exchanges.
https://en.m.wikipedia.org/wiki/Signal_(software)
Signal also used by Trump cabinet/security for military planning of the recent Houthi attacks. The use of a non-secure app and adding by mistake the name of The Atlantic newspaper editor to the planning group is illegal but just dismissed by Trump spokespersons.
https://www.theatlantic.com/politics/archive/2025/03/trump-administration-accidentally-texted-me-its-war-plans/682151/
https://www.aljazeera.com/news/2025/3/24/a-shocking-breach-trump-officials-leak-military-attacks-to-the-atlantic
Musk is put up some capital to start the foundation set up that currently runs signal.
The fact that it is a ‘not-for-profit’ foundation doesn’t mean the original investors don’t benefit. Brian Acton loaned them $105million at 0% – but he’ll have to be paid back at some point. I guess he’ll get more back than he put in.
Musk is being coy (quelle surprise) about exactly how much he invested but when the foundation eventually does monetize, he’ll no doubt get a great ROI.
Oh yeah, it all comes back to crypto. Signal uses MobileCoin for In-App payments…
The latest bit of news is Tesla executives including Musk’s own brother are selling their shares