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.

  • Laser@feddit.org
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    12 hours ago

    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.

      • Laser@feddit.org
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        10 hours ago

        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.

    • anon6789@lemmy.world
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      10 hours ago

      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. 😒