this post was submitted on 01 May 2025
380 points (99.0% liked)

Buy European

5780 readers
448 users here now

Overview:

The community to discuss buying European goods and services.

Matrix Chat

Rules:

  • Be kind to each other, and argue in good faith. No direct insults nor disrespectful and condescending comments.

  • Do not use this community to promote Nationalism/Euronationalism. This community is for discussing European products/services and news related to that. For other topics the following might be of interest:

  • Include a disclaimer at the bottom of the post if you're affiliated with the recommendation.

  • No russian suggestions.

Feddit.uk's instance rules apply:

  • No racism, sexism, homophobia, transphobia or xenophobia
  • No incitement of violence or promotion of violent ideologies
  • No harassment, dogpiling or doxxing of other users
  • Do not share intentionally false or misleading information
  • Do not spam or abuse network features.
  • Alt accounts are permitted, but all accounts must list each other in their bios.
  • No generative AI content

Benefits of Buying Local:

local investment, job creation, innovation, increased competition, more redundancy.

European Instances

Lemmy:

Matrix:

Related Communities:

Buy Local:

Continents:

European:

Buying and Selling:

Boycott:

Countries:

Companies:

Stop Publisher Kill Switch in Games Practice:

Banner credits: BYTEAlliance

founded 3 months ago
MODERATORS
maam@feddit.uk
alex@jlai.lu
circledot@feddit.org
Argyle13@lemmy.world
Sunshine@feddit.is
Sunshine@lemmy.ca
buyeuropean@lemmy.ca
buyeuropean@feddit.org
lazycog@feddit.uk
380
Tesla (TSLA) sales continue to crash in Europe despite new Model Y (electrek.co)
submitted 1 week ago by Sunshine@lemmy.ca to c/buyeuropean@feddit.uk
37 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] billiam0202@lemmy.world 80 points 1 week ago* (last edited 1 week ago) (4 children)

Yeah, I don't think the lack of a new Model Y was the reason TSLA sales are crashing...

Tesla shareholders were holding on to the theory that the decline was almost entirely attributable to the Model Y changeover.

The automaker updated the design and some features of the Model Y, its best-selling car, limiting availability as it updated production lines in the first quarter.

It must indeed have had an impact and Tesla also blamed the Model Y changeover for lower deliveries in Q1 during its earnings call last week.

However, it also stated that production is now back to normal in April, and yet, Teslaโ€™s sales continue to decline in Europe.

Within the 5 European markets that report car registrations daily, Tesla is not only tracking down about 50% from the same period in 2024 (Q2 2024), but it is also tracking behind its terrible Q1 2025 despite having the new Model Y

Fucking lol, that's some Grade-A hopium right there.

[โ€“] stardust@lemmy.ca 3 points 6 days ago

Looks like they are completely clueless about brand image, since tesla is the maga brand in the eyes of many.

[โ€“] wiegell@feddit.dk 1 points 6 days ago (1 children)

How come their stocks have not declined more?

[โ€“] billiam0202@lemmy.world 3 points 6 days ago

Because Tesla is the most overvalued stock, by a long shot.

Just looking at the stock price, they're worth more than the other three American brands combined. Ford, GM, and RAM sell more half-ton pickups than all of Tesla models. That's absolutely nuts!

You want to know what a cult looks like? Tesla's sales are down in every segment and people are protesting outside dealerships every week. They announced their profits are down 71% at their Q1 shareholders meeting. The only reason they had any profits was because of government subsidies.

And their stock has only gone up since that meeting.

So you tell me- why hasn't Tesla's stock gone down?

[โ€“] pelespirit@sh.itjust.works 15 points 1 week ago (1 children)

I agree, the model y looks better than all of their other models. No one wants a swasticar.

[โ€“] RidderSport@feddit.org 7 points 1 week ago (1 children)

But it basically looks like a Polestar. What a turnaround, an American company copying a Chinese (-owned) one

[โ€“] vga@sopuli.xyz 4 points 6 days ago* (last edited 6 days ago)

I mean to the extent that all cars look the same, but Polestars and Teslas both are pretty distinct. Polestars look (unsurprisingly) lke modernized Volvos.

[โ€“] neukenindekeuken@sh.itjust.works 9 points 1 week ago* (last edited 1 week ago)

In the coming years, expect to hear more stories about how divorced from reality TSLA holders have been, and how they're going to feel "lied to", etc.

These people have been so invested in what can only be described as a "meme stock", that they've made up entire realities to support the narrative that they can convert their TSLA shares into actual gold bars at the drop of a hat.

They will even argue with you that their market cap being more than every other automotive manufacturer combined is justified somehow. Because TSLA is really an "energy play".

The sudden stop at the end of their long fall will be quite painful. I wish we could capture video of every single shareholders moment of realization when that moment arrives somehow, but we'll just have to settle for the favor that everyone who drives a new TSLA is a nazi supporting fascist who may as well have painted a swastika on their car to let everyone know they're nazi supporting fascists. It's a small favor they did us, but a favor none the less.