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.

  • dellish@lemmy.world
    link
    fedilink
    English
    arrow-up
    14
    ·
    3 hours ago

    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.

  • fluxion@lemmy.world
    link
    fedilink
    English
    arrow-up
    8
    ·
    3 hours 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

  • carlossurf@lemmy.ca
    link
    fedilink
    English
    arrow-up
    14
    ·
    5 hours ago

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

  • hefejefe@lemmy.world
    link
    fedilink
    English
    arrow-up
    38
    ·
    9 hours 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
    link
    fedilink
    English
    arrow-up
    33
    arrow-down
    1
    ·
    10 hours ago

    🤣 🤣

    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
      link
      fedilink
      English
      arrow-up
      4
      ·
      3 hours ago

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

  • sznowicki@lemmy.world
    link
    fedilink
    English
    arrow-up
    67
    arrow-down
    1
    ·
    12 hours ago

    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.

    • Gordon Calhoun@lemmy.world
      link
      fedilink
      English
      arrow-up
      21
      arrow-down
      2
      ·
      11 hours ago

      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
        link
        fedilink
        English
        arrow-up
        26
        arrow-down
        1
        ·
        11 hours ago

        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
          link
          fedilink
          English
          arrow-up
          11
          arrow-down
          1
          ·
          edit-2
          11 hours ago

          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
            link
            fedilink
            English
            arrow-up
            7
            ·
            9 hours 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
            link
            fedilink
            English
            arrow-up
            10
            arrow-down
            1
            ·
            11 hours ago

            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.

            • boydster@sh.itjust.works
              link
              fedilink
              English
              arrow-up
              4
              ·
              edit-2
              7 hours ago

              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.

              • partial_accumen@lemmy.world
                link
                fedilink
                English
                arrow-up
                3
                ·
                6 hours ago

                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.

                All credit due to Eberhard and Tarpenning for the idea and some of the initial development of the BMS, but its not like they had a full car ready to sell and before Musk came in. Tesla was established as a company in 2003, Musk was brought in (with his money) in 2004. The first Roadster sold in 2008. Now stop making me say anything positive about Musk just to set the record straight. Its making me sick to talk about him positively after what he’s become and how much harm he has caused human society.

            • AntY@lemmy.world
              link
              fedilink
              English
              arrow-up
              7
              ·
              10 hours ago

              Electric cars have been around for a very long time. According to Wikipedia, in 1912, 38% of 33,842 cars in the US were electric.

              I think that Tesla showed that a modern performance car could be electric. It made electric cars cool again.

              I would never be caught in a Tesla though.

          • FuglyDuck@lemmy.world
            link
            fedilink
            English
            arrow-up
            6
            ·
            11 hours ago

            In Tesla’s case, its because they rushed to beat the competition. You’ll notice they were a “tech company” not a traditional car company. The actual car companies came out with mature, fully baked, offerings rather than trying to be the first.

            • Tja@programming.dev
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 hour ago

              Oh boy, you haven’t heard of the ID.3, have you? Or the bzx4. Or the corsa. Or…

      • Diplomjodler@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        1
        ·
        11 hours ago

        The current move towards electrification would not have happened or would have taken a lot over without Tesla. The Model 3 really was a huge breakthrough by showing that you can build a car that people actually want to drive and make it affordable. That pretty much made all the excuses of the incumbents moot.

      • ByteJunk@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 hour ago

        In Europe at least, Chinese cars.

        Last month on my neck of the woods, YoY car sales were up 16% and yet Tesla was down 68% this month alone, while BYD was up 331,6% (yes, 3 digits).

        With these changes, Tesla isn’t even in the top 10 anymore (at one point it was #2!) and has been leapfrogged by BYD, who seems very likely to continue climbing and break into the top 3 sellers.

        Tesla is dead.

      • tburkhol@lemmy.world
        link
        fedilink
        English
        arrow-up
        8
        ·
        11 hours ago

        It’s been a while since I looked at EVs, but my (US) experience at the time was that Tesla was one of very few companies offering sedan-shaped EVs. The US market was full of crossovers & SUVs (like Rivian), and that form factor seems antagonistic to many of the things that make high performance, long range EVs: terrible aerodynamics, high body weight, poor visibility… They’re big enough to fill will batteries to compensate for the poor efficiency, but that just raises costs.

        • ByteJunk@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          54 minutes ago

          Don’t know about availability in the US, but at least in Europe there are many, many alternatives out there, both from traditional brands (Mercedes, BMW, etc etc) and more recently, from Chinese brands.

          A friend bought a BYD Seal the other day, he got a total bargain for their top version at 41k€, but that got me looking into them, and their lineup is looking pretty impressive.

        • defunct_punk@lemmy.world
          link
          fedilink
          English
          arrow-up
          7
          arrow-down
          1
          ·
          10 hours ago

          Had a conversation about this the other day with a coworker, albeit about ICE cars but still applicable I think. Car manufacturers made tremendous progress in effeciency and negated all of that by justifying making their cars 2x bigger than they were 20 years ago. It’s ridiculous. A modern Subaru Outback is about the same size as a mid-90s Suburban. Gets about the same mileage as my 2001 Outback, even with all the effeciency tech

    • Kanzar@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      1
      ·
      10 hours ago

      I am unaware of any other EV that has sentry mode on the cameras like that on the Tesla. Would absolutely love to be proven wrong.

      AFAIK Kia has a Korean only release EV6 that had it, but none of the other options utilise the whole suite of cameras to record.

        • Kanzar@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          5
          ·
          edit-2
          7 hours ago

          It’s not specifically “the” bar, but the original comment was saying they didn’t see how Tesla would even be considered, and I felt this feature is one reason why someone may still consider a Tesla.

          For me, my dash cameras have come in handy when my vehicle was running, but the hardwire mode has not been able to handle what I wanted it to. I want my next vehicle (whenever that may be) to be an improvement over what I already have. I have personally had my vehicles damaged more than once whilst it was parked, and I have always parked well. Sentry mode would have been very bloody useful to have the responsible parties pay up. Instead, I was left with a damaged car, which was notably rather heartbreaking when one incident occurred within the first month of ownership.

          EDIT: My motorcycle was hit and if I hadn’t had known, I wouldn’t have been aware enough to take it to the shop to be inspected in case any of the internals had been damaged. Sometimes damage can be internal and without an alert, you would be putting yourself in danger.

        • Kanzar@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          5
          ·
          10 hours ago

          I’ve had a Ford (mid range SUV) and a Toyota (base model sedan) which were both damaged whilst parked, and nobody left a note. Lots of people posting in the community groups about carpark damage and no notes being left, and no luck with local cameras.

          So yes, it is needed.

          • MBech@feddit.dk
            link
            fedilink
            English
            arrow-up
            3
            arrow-down
            2
            ·
            9 hours ago

            And that’s a very fair point, but at least around me, the deductible costs about 100€ if someone damages my car while it’s legally parked. I’m not going to worry much about someone dinging my car once in a blue moon with that kind of deductible, and I’m definately not going to pay ekstra to get a fancy camera system.

      • Paddzr@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        9
        ·
        10 hours ago

        A lot of smart features are not even being dreamed of by other companies… Hell, the most you might get is scanning your phone to just open the car, but not drive.

        Tesla is technologically 2 generations ahead. But no one here will admit it. But do go to a dealer and ask how they compare, they at least will be honest. The most honest was Porche in my experience and surprisingly, BYD was good at listing all the things not in their car (with million excuses how it’s okay and I’ll get used to it).

        The worst? Ford. MG also tried to make shit up how it might be added in software! Bitch please, you haven’t got over the air updates working.

  • kebab@endlesstalk.org
    link
    fedilink
    English
    arrow-up
    12
    arrow-down
    2
    ·
    10 hours 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

  • weew@lemmy.ca
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    5
    ·
    edit-2
    6 hours 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.