- cross-posted to:
- europe@feddit.org
- cross-posted to:
- europe@feddit.org
Summary
Tesla’s registrations in France dropped 63% in January, their lowest since August 2022, far outpacing the broader total EV sales’ 0.5% decline.
Tesla registrations across EU countries fell 13% last year, with Germany accounting for much of the decline.
Sales in Germany, Tesla’s biggest European market, also fell 41% last year due to an aging lineup, competition, and subsidy cuts.
CEO Elon Musk’s political involvement, including support for Germany’s far-right party, may be affecting demand.
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Sadly, he’s already tapped the US Treasury like a Keg.
I work in tech in Germany. My coworkers and I are the ideal Tesla customers. Nobody I know would consider buying a Nazi car.
Call it a swasticar, Elmo hates it.
Stfu
What? Swasticar and elmo are your triggers?
Looks like Elon Twittered Tesla.
Hop damn
Or he Xed it out.
Whenever I see a Tesla, I immediately think of those fucking neo-Nazis and his weekly chats with the bastard Vlad.
The people who buy electric vehicles are left-leaning people who believe in climate change. If I were a major Tesla shareholder I’d be howling to have Musk ejected while the company still has a chance to retain some goodwill.
Why? Shareholders do not care about the health of the company so long as its stock price is high. And Teslas stock price is not based on any fundamental principle of investing.
Their market cap, or the total value of all their shares, is currently worth more than the next 30 largest auto manufacturers COMBINED.
Let me put it this way: Every single car sold in the United States this year could be made by Tesla and they still wouldn’t even be close to being worth what they are right now based on company fundamentals. Thats how insane this is. Shareholders of the company couldn’t be happier and yet their company is declining in sales and killing off its customer base. Absolutely insane.
That sounds like a bubble that needs a pin 📌
Why? Shareholders do not care about the health of the company so long as its stock price is high.
And so long as it continues to remain high as long as they remain shareholders. Do Tesla shareholders really think Tesla is going to keep its value? Do they think that what Musk is doing as CEO is really helping enhance that value? I mean, when was the last time he actually did any work as Tesla CEO?
No they don’t think it will hold that value, yes they think that musk is helping enhance it (and I agree), no they don’t think his actions as CEO are helping their core fundamentals, and quite possibly his last actions were years ago unless you count him being at their press events as work.
This isn’t unique to Tesla btw, they’re just the largest example. Nvidia is also right behind them.
Unfortunately his fan Bois are all nazis now. They may claim they aren’t but nazis lie.
There’s a difference between “elon fan bois” and the various shareholders in Tesla and potential electric car buyers.
I’m specifically talking about fan bois that currently own Tesla. I am amazed at the number of fellow owners that say they will still by Tesla. Lots of them own stock and think as long as share price goes up, that nothing is wrong.
They already hedged their bets long ago. Only main Street is gonna be left holding this bag. Yall need to get real. The world is falling apart and people still think the rich are gonna do something.
I don’t think you understand what “hedging their bets” means.
It means they invested a few of their spare billions into opposing technology and companies while you sit at home deciding if you are buying eggs or milk this week.
You dropped this 🤡
So, they’re not Tesla shareholders?
Not one more Tesla should be sold in any democratic country.
Can’t say I can blame them for not wanting to give their money to a Nazi.
I don’t understand how the stock is STILL so high
One of the few conspiracies I actually subscribe to is that there is no legitimate stock market anymore, it is 100% under price control. Wins and losses - such as they are - are being determined by huge banks and hedge funds using AI algorithms, dark pools and phantom shares to maintain an iron grip. I got started down this path when I read Michael Lewis’ book Flash Boys, which, like this video was made over 10 years ago.
I don’t know that there’s any sort of conspiracy, but it’s definitely true that a huge part of the market is in “dumb money” – index funds that just buy every stock weighted by market cap, and thus exert no influence on what the companies actually do.
I also suspect that because so much manufacturing is in China, what we think of as the world’s stock market is just a small fraction of anything. Does an index count if an index doesn’t measure much?
They released info to shareholders last week that showed an 8% drop in year over year sales… and yet the stock went up. Maybe people expected the drop to be even higher, so the drop was already priced in?? But it just feels like there is market manipulation going on.
My guess is that, with Musk basically in charge of the government now, investors are expecting huge returns from corruption.
Yeah, the guy who apparently now controls the strings of the government could just click a button to have the government order 1 million Teslas.
Other than investing in the hopes of seeing returns from corruption, it doesn’t really make any sense.
It’s a cult.
Elon and Trump are butt-buddies.
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I feel like no matter what animal people use to insult a human, the human is usually worse than the actual animal. Even with snakes. Muskrats are sweethearts, they just swim around ponds and tag along with beavers.
He’s not worth the wasted filament…
what if we created it from grinding up tesla bumpbers
You couldn’t get me to drive a Tesla even if you paid me for it
I might be tempted to as long as the destination was “into a lake”.
Edit: as soon as I wrote that, I realized: I don’t wanna pollute a lake so nevermind.
There’s another factor that jumps to mind when I think of cars in France: they buy A LOT of French cars! I don’t have any statistical data, but it feels like half of the cars on their roads are French… And now that their manufacturers’ offer of EVs is starting to flesh out, they probably prefer buying “local”.
As far as I know, Renault sales is ramping up.
I mean, have you seen the new R5? Sexy!
Was in France for 3 weeks on holiday and saw almost exclusively Citroën, Renault, and Peugeot. My rental car was a Renault E Tech and after driving it,I looked into importing one to the USA (sadly it’s not possible for regulatory reasons).
Renault E Tech and after driving it,I looked into importing one to the USA (sadly it’s not possible for regulatory reasons).
That’s hilarious taking into account European standards are stricter than US. US industry clearly don’t like competition.
French cars are banned in the USA (also we use CCS1, moving to NACS, while y’all use CCS2 everywhere), but we have Volvo, Pollstar, and German brands everywhere. I wanted a Volvo for my new car, but they’re not rated for towing horses in the USA like they are in Europe (USA versions are rated half the towing capacity than in Europe).
Nissan, Renault and Mitsubishi share platforms. Mexico has Peugeot and Citroen. Who knows, maybe the Canadians will open up to the French automobile brands as Mango Mussolini continues to fuck GM, Ford and Stellantis (North American operations).
Not many people want to be seen in a nazi car. Between that and twitter, the babyllionaire douche is really demonstrating his genius.
I use to want one. I was following news for them as electric cars were a bit of a hyper focus for me at the time.
My next car will very likely be full electric and there is no way I will own a Tesla now. I’m not even sure I would get one at this point if musk was no longer associated with it.
He has done everything he can to alienate the actual consumers of Tesla.
Until recently, I think I’d have given them a shot if Musk was 100% removed from the company, not by his choice. Now, Tesla is synonymous with a Nazi. That taint will last decades if they were to drop him right now, but I will never give them a penny.
Not many people want to be seen in a nazi car
Eh, people really like VW bugs, and those we’re commissioned by hitler and designed by the nazis. They’ve done a lot better at distancing themselves from their founder, though.
It’s round! Like a bridge!
there is no real reason to use twitter or a tesla at this point (outside of having bought one many years ago). Unfortunately spacex does not have a good alternate and im not really sure where the solar/battery stuff fall as far as their options compared to others.
im not really sure where the solar/battery stuff fall as far as their options compared to others.
For the residential market it looks like this.
Panels - Tesla solar panels are nothing special. They use other manufacturer’s panels. They generally choose acceptable middle-of-the-road models, not the high end, not the low end.
Panel integration to homes - Telsa does have a clever part for linking into an existing home wiring panel that can be faster/cheaper that the common methods called a meter collar. However it is only certified for use in some states so far. Also, other companies are coming out with their own meter collar, but I concede that Tesla was the first to do this.
Battery - Tesla Powerwall is one of the most popular home battery options because of its large capacity relative to its price. However, there have been bad runs with some of its models with its inverter prematurely failing or running extra hot and shutting down. Overall its still considered higher quality unit and user experience. However, its not the only battery on the market. In the USA solar vendor specific batteries exist with pros and cons compared to Tesla. Enphase is one of the leaders in home solar, and they make an excellent (but expensive) battery system. Franklin also makes a vendor neutral battery that is highly regarded.
In all of these Tesla home solar products one thing that is universally agreed to is how horrible the Tesla customer service experience is. Getting a hold of a human is nearly impossible. When you do the human will frequently not follow up, and you’ll find out that human is gone and you have to go through the process again to get your issue addressed. Replacement parts can be delayed by months mean, and not infrequently the subcontractors used to install the equipment cause problems or damage to the houses where the install occurs.
I chose to skip Tesla and did not use them for any of my home solar install and I’m very glad I did.
Thanks for your thorough reply. We have solar on our home. I’d like to get a battery back up, but am a little annoyed on the price of that, and will not go
nazitesla any time in the near future.Unless you’re in California or a couple other pockets of very high time-of-use (TOU) rates, home batteries don’t make economic sense right now. However, there are more than economic reasons for some folks for home batteries: medical equipment in the home for a loved one, backup power for high outage areas, personal actions on climate concerns. None of these are good “investments” returns though for batteries.
I bought a small amount of very expensive batteries, but where I live we have true 1:1 net metering so there isn’t any economic benefit.
Enphase did some of our stuff. I’ve looked at their offerings. I’m a little miffed that I have a huge battery 77kWh on wheels even, and can’t use that more efficiently to power the house. It has V2L, but at 1800W max. Whatcha think about using that V2L to run a pump, send the water up in to a lovely medium sized water tower which I’m sure the HOA would appreciate, and generate back some electrons while I take a shower, water the garden, etc?
I’m a little miffed that I have a huge battery 77kWh on wheels even, and can’t use that more efficiently to power the house.
Is that a limitation of Enphase or your car? Enphase does have a bidirectional charger to do exactly what you’re describing if your car is compatible with it. I’m in the same situation BTW with an incompatible car.
My EV does V2L (vehicle to load), but at a miniscule 1800watts. I can use a water boiler, or an induction hob, but not both at the same time. The problem is getting the power back to the house fast enough to be useful. Thanks for the Enphase link, I’m always a bit scared when they don’t show a price. I"ll look deeper when I have a chance.
Agreed!
Are you a Sheik?
Sheik Sheik Sheik, Sheik Yerbouti!! It’s been a real long time since anyone mention the reference, cheers!
I better listen to some Zappa. It has been a long time.
Just remember, don’t eat the yellow snow.
The French (rightly) hate Nazi stuff. 🤷♂️
What ? They vote for Le Pen in droves. They love that nazi biatch.
None of this matters, you know they’ll have robots in like two years and Tesla will be the company worth the most, with a value of the next five companies combined*.
*This is what Tesla investors actually believe; Musk claimed this on the last earnings call last week.
Those investors should look at all his other broken promises.
Promising self driving next year since 2013
It was very nice of him to come up with a new story why people should pay this insane price for the stock. Fanboys were getting embarrassed repeating it for so many years, at least to the extend they are able to be embarrassed. But now they have something else.
Merge Boeing into Tesla, all gov vehicles now Teslas, they already got the space program on lock, just put them the rest of the way into the military industrial complex, he’s already got access to all the treasury stuff for unlimited funds, bing bang boom, Tesla is now Stark Industires and we surround the country with the Elon Dome. 😒
It’s a good start. I do my part by pointing and laughing at every owner of the big, stupid, dangerous cybertruck…
