Summary
Tesla’s sales in Germany fell 59% in January, reaching their lowest level since July 2021, as CEO Elon Musk’s political activities may be damaging the brand.
Musk’s support for Germany’s far-right AfD and controversial remarks about the country’s history have drawn criticism. Tesla also saw declines in France and the UK, key European EV markets.
Other factors, such as production changes and inventory shortages, contributed to the slump.
Competitors like Volkswagen and BMW gained market share, and rival EV makers are actively courting disaffected Tesla customers.
When are the investors and employees going to wake up and kick Elon out of Tesla?
Watch this be a 400 IQ move for Musk to cut away the one thing that his Red peers don’t like: icky clean energy things
Yeah the cyber truck would sell a lot better if it was a diesel.
The headlights aren’t blinding enough either.
When the drag on the share price is greater than the cult of personality pull.
Money has no issues with fascism.
Good.
As soon as my lease is up I’m out of this fucking swasticar.
Fuck Elon, fuck the Tesla board for enabling him, I hope they all get cancer.
Musk is going to sue everybody that hates Nazis probably.
I don’t think he can pull that shit in Germany.
To put this into perspective, there were 207640 new cars registered in January, of which 1277 were Teslas. That’s a measly 0.62 percent of total new car registrations.
And Germany provides just the word for me in this case: Schadenfreude
fuck the musk rat
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Gosh I wonder why 🙄
As much as I hate elongated muskrat, this is Not a very good article, doesn’t really explore the reasons behind the fall and instead pushes a narrative.
AFAIK there is an overall decrease in EV sales, Tesla is also announcing the new Model Y soon which is probably having a hold off effect for new buyers, either looking for the newer model or a good deal on the older model.
And the viable alternatives from the competitors will also eat into their sales more than anything, Renault R5, new Fiat Panda, new Citroen EC3 that starts from like 20k.
Those who wanted a tesla likely already have one, the rest are taking the alternatives, that are either smaller or better built.
Tesla is going from the EV to get to a niche pick for people who like tech and fast acceleration over comfort, affordability.