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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[–] rickdg@lemmy.world 9 points 1 day 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 1 day ago

Sad but true

And still "Top Managers" wonder why...

[–] pyre@lemmy.world 6 points 1 day ago

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

[–] Kickforce@lemmy.wtf 35 points 2 days 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.

[–] matlag@sh.itjust.works 10 points 2 days ago

Don't you know that he's a genius and none of what he says or does can have any bad consequence? If it's not because of him, it must be because of someone else. Oh, BTW: he also fired a manager in Tesla who voiced against him damaging the brand name.

https://electrek.co/2025/06/18/tesla-manager-fired-sounding-the-alarm-explains-why-automaker-screwed/

None of these people know anything about anything. Only Elon knows!!

[–] Montreal_Metro@lemmy.ca 17 points 1 day 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 1 day ago

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

[–] Showroom7561@lemmy.ca 6 points 1 day 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.

[–] dellish@lemmy.world 62 points 2 days ago (4 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.

[–] brown567@sh.itjust.works 9 points 2 days ago (1 children)

There is precedent for a car brand started by a Nazi successfully shaking that image eventually

[–] towerful@programming.dev 6 points 2 days ago (8 children)

Over what sort of timeframe?
Couple months? Couple years? Couple decades?

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[–] T156@lemmy.world 8 points 2 days ago* (last edited 2 days ago)

Eve if he suddenly no longer had influence over Tesla, he's ruined their reputation enough that others have had time to catch up and make better vehicles.

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[–] frenchfryenjoyer@lemmings.world 12 points 2 days ago

Let's hope they drop even further 🙏

[–] Bebopalouie@lemmy.ca 7 points 1 day ago

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

[–] sznowicki@lemmy.world 88 points 2 days 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 56 points 2 days 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 2 days ago (1 children)
[–] rammer@sopuli.xyz 17 points 2 days ago

Or it being a death trap in an accident.

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[–] My_IFAKs___gone@lemmy.world 30 points 2 days 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 2 days ago (13 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.

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[–] ArchmageAzor@lemmy.world 25 points 2 days ago (1 children)

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

[–] Venus_Ziegenfalle@feddit.org 12 points 2 days ago (2 children)

Unless he steps down as CEO and sells all his shares I don't see a Tesla redemption arc in Europe anytime soon.

[–] Lifter@discuss.tchncs.de 4 points 2 days ago (3 children)

That would also tank the stock price though.

[–] matlag@sh.itjust.works 3 points 2 days ago

Sooner or later, the stock price will tank. It's actually quite something that it is still that high, if anyone needed anymore proof that stock investors are not smarter than average Joe.

But Tesla sales are crashing worldwide, not just because of the brand, but because competition has caught up and is now getting ahead. Robo-taxis are going to compete with players that are years ahead on self-driving and safety concerns are going to force Tesla to trim down their price (assuming they manage to no longer need their "safety monitors", in which cas they will just not happen).

Humanoid robots are a tool that needs to find a use justifying its price (and there again, we might see competition from China…).

What's left??

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[–] UncleGrandPa@lemmy.world 10 points 2 days ago

Even MAGAs are embarrassed to drive one of his Nazi mobiles

[–] ximtor@lemm.ee 1 points 1 day ago* (last edited 1 day ago)
[–] hefejefe@lemmy.world 51 points 2 days 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 2 days 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. 🤣 🤣

[–] fluxion@lemmy.world 10 points 2 days ago

Not too mention Tesla stock being his slush fund to ruin the world with his Nazi bullshit

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[–] carlossurf@lemmy.ca 30 points 2 days ago (3 children)

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

[–] dinren@discuss.online 20 points 2 days ago

“You could charge it with solar for free”

“Fuck you libtard”

😂

[–] MonkeMischief@lemmy.today 11 points 2 days ago

Awww go fashy, stonk crashy :'( :'( LOL

[–] wabafee@lemmy.world 13 points 2 days ago (1 children)

Even better they don't drive teslas cause they want those gas guzzler.

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[–] resipsaloquitur@lemmy.world 4 points 1 day ago (1 children)
[–] Xande@discuss.tchncs.de 2 points 1 day ago
[–] fluxion@lemmy.world 18 points 2 days 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

[–] Gates9@sh.itjust.works 5 points 2 days ago

Liquidate Musk

[–] wanderwisley@lemm.ee 21 points 2 days ago

Needs to be in the negative worldwide.

[–] xenomor@lemmy.world 14 points 2 days ago* (last edited 2 days ago)

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

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