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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[–] Kickforce@lemmy.wtf 35 points 3 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 3 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!!

[–] rickdg@lemmy.world 9 points 2 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 2 days ago

Sad but true

And still "Top Managers" wonder why...

[–] Montreal_Metro@lemmy.ca 17 points 2 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 2 days ago

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

[–] dellish@lemmy.world 62 points 3 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 3 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 3 days ago (8 children)

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

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[–] T156@lemmy.world 8 points 3 days ago* (last edited 3 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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[–] pyre@lemmy.world 6 points 2 days ago

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

[–] sznowicki@lemmy.world 88 points 3 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 3 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 3 days ago (1 children)
[–] rammer@sopuli.xyz 17 points 3 days ago

Or it being a death trap in an accident.

[–] FuglyDuck@lemmy.world 14 points 3 days ago

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

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[–] My_IFAKs___gone@lemmy.world 30 points 3 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 3 days 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 3 days ago* (last edited 3 days ago) (5 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.

[–] idiomaddict@lemmy.world 13 points 3 days ago

Xerox has entered the chat, with the first commercial photocopier, the GUI, laser printer, and computer mouse, in addition to the ones you think of.

[–] partial_accumen@lemmy.world 12 points 3 days ago (3 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.

Except Tesla wasn't the first mass market EV. It wasn't even the second. The first would be the GM EV1 in 1997:

Many would argue that the EV1 doesn't count because it was on old technology. Fine then, the Nissan Leaf from 2009 then sporting its lithium battery:

Tesla Model S brought performance, range and styling that both of those were missing. However, we don't need Tesla anymore in the world if Musk is still benefiting from it.

[–] IsoKiero@sopuli.xyz 8 points 3 days ago (2 children)

The first would be the GM EV1 in 1997:

Flocken Elektrowagen, 1888

image

The Flocken Elektrowagen is a four-wheeled electric car designed by Andreas Flocken (1845–1913), manufactured in 1888 by Maschinenfabrik A. Flocken in Coburg. It is regarded as the first real electric car.

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[–] boydster@sh.itjust.works 12 points 3 days ago* (last edited 3 days ago) (2 children)

Those advancements were made possible by the Roadster, which was the true pioneering product that made EVs cool again. A car that was dreamed up and invented by Martin Eberhard, and would go on to be built by someone else that gave him the shittiest end of the most shit-covered stick there ever was.

Everything that has given Tesla a reputation as an imnovative company was either done by the original inventor or their amazing engineers over the years.

Elon brings money and celebrity recognition to the company. If the celebrity recognition turns and becomes a net negative, the money is going to start becoming an issue too because his loans might get called and then he's got nothing to bring to the table. I choose to dream about that future right now.

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[–] hefejefe@lemmy.world 51 points 3 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.

[–] Showroom7561@lemmy.ca 6 points 2 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.

[–] ArchmageAzor@lemmy.world 25 points 3 days ago (1 children)

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

[–] Venus_Ziegenfalle@feddit.org 12 points 3 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 3 days ago (3 children)

That would also tank the stock price though.

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[–] frenchfryenjoyer@lemmings.world 12 points 3 days ago

Let's hope they drop even further 🙏

[–] lupusblackfur@lemmy.world 51 points 3 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 3 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 3 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

[–] MonkeMischief@lemmy.today 11 points 3 days ago

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

[–] wabafee@lemmy.world 13 points 3 days ago (1 children)

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

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[–] UncleGrandPa@lemmy.world 10 points 3 days ago

Even MAGAs are embarrassed to drive one of his Nazi mobiles

[–] Bebopalouie@lemmy.ca 7 points 2 days ago

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

[–] fluxion@lemmy.world 18 points 3 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

[–] wanderwisley@lemm.ee 21 points 3 days ago

Needs to be in the negative worldwide.

[–] resipsaloquitur@lemmy.world 4 points 2 days ago (1 children)
[–] Xande@discuss.tchncs.de 2 points 2 days ago
[–] xenomor@lemmy.world 14 points 3 days ago* (last edited 3 days ago)

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

[–] Gates9@sh.itjust.works 5 points 3 days ago

Liquidate Musk

[–] ximtor@lemm.ee 1 points 2 days ago* (last edited 2 days ago)
[–] kebab@endlesstalk.org 12 points 3 days ago (7 children)

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

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