this post was submitted on 26 Jun 2025
701 points (98.6% liked)

World News

47881 readers
3298 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

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.

top 50 comments
sorted by: hot top controversial new old
[–] [email protected] 8 points 12 hours ago (1 children)

If you want EVs to be a thing, China has won the round on this one.

[–] [email protected] 1 points 10 hours ago

Sad but true

And still "Top Managers" wonder why...

[–] [email protected] 5 points 11 hours ago

good. please don't stop until he's destitute.

[–] [email protected] 3 points 11 hours ago (1 children)

Never understood the appeal of Teslas. I tried one once and the finishes are truly the worst I've ever seen in a car. Inside the vehicle, it's really Dacia tier

[–] [email protected] -1 points 10 hours ago

It's like with Apple and their overpriced stuff... Well marketet and a rich posterboy.

[–] [email protected] 1 points 9 hours ago* (last edited 9 hours ago)
[–] Showroom7561 5 points 17 hours ago (1 children)

And their stock is still too damn high!

[–] [email protected] 6 points 11 hours ago

that stock price is not rooted in anything real (and hasn't for a long time). I can't wait until that bubble bursts with a bang i can hear from Europe.

[–] Montreal_Metro 16 points 23 hours ago (1 children)

At this point if a person buys teslas they are either a Nazi or ignorant and neither is good.

[–] [email protected] 7 points 12 hours ago

Ignorant, e.g. the "I didn't know" crowd 1 mile downwind of the concentration camp.

[–] [email protected] 34 points 1 day ago (1 children)

I read Musk fired the Tesla manager for Europe and North America over the low sales, as if those weren't a direct result of Musk's own actions. Like there is only one person responsible for pushing the stupid cybertruck and for associating the brand with fascism.

[–] [email protected] 10 points 1 day ago

Don't you know that he's a genius and none of what he says or does can have any bad consequence? If it's not because of him, it must be because of someone else. Oh, BTW: he also fired a manager in Tesla who voiced against him damaging the brand name.

https://electrek.co/2025/06/18/tesla-manager-fired-sounding-the-alarm-explains-why-automaker-screwed/

None of these people know anything about anything. Only Elon knows!!

[–] Bebopalouie 7 points 1 day ago

I’ll be happy when there’s nothing to report because there are no more sales.

[–] [email protected] 11 points 1 day ago

Let's hope they drop even further 🙏

[–] [email protected] 4 points 22 hours ago (1 children)
[–] [email protected] 2 points 10 hours ago
[–] [email protected] 11 points 1 day ago

Even MAGAs are embarrassed to drive one of his Nazi mobiles

[–] [email protected] 61 points 1 day ago (4 children)

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.

[–] [email protected] 9 points 1 day ago (1 children)

There is precedent for a car brand started by a Nazi successfully shaking that image eventually

[–] [email protected] 5 points 1 day ago (8 children)

Over what sort of timeframe?
Couple months? Couple years? Couple decades?

load more comments (8 replies)
[–] [email protected] 2 points 1 day ago

Even fucking goldfish remember what he’s done.

And that's saying something.

load more comments (2 replies)
[–] [email protected] 20 points 1 day ago (1 children)

Could I have a list of these "investors?" Because they sound like fools who deserve to be tricked out of their money.

[–] [email protected] 1 points 20 hours ago

Just look up the Musk followers on Xitter.

[–] [email protected] 26 points 1 day ago (1 children)

Let's keep it going, I wanna get paid for getting a Tesla.

[–] [email protected] 13 points 1 day ago (3 children)

Unless he steps down as CEO and sells all his shares I don't see a Tesla redemption arc in Europe anytime soon.

[–] [email protected] 10 points 1 day ago

Even then it’s a shitty company, cause look how long they’ve tolerated him for.

[–] [email protected] 2 points 1 day ago

And if he does step down as CEO and sell his shares, the stock will tank anyhow. The only reason it's currently about 100x over its realistic value is that people bought into the idea that Elon was this genius who was going to... well who knows. Nothing he could have done would have justified that valuation.

[–] [email protected] 4 points 1 day ago (3 children)

That would also tank the stock price though.

[–] [email protected] 3 points 1 day ago

Sooner or later, the stock price will tank. It's actually quite something that it is still that high, if anyone needed anymore proof that stock investors are not smarter than average Joe.

But Tesla sales are crashing worldwide, not just because of the brand, but because competition has caught up and is now getting ahead. Robo-taxis are going to compete with players that are years ahead on self-driving and safety concerns are going to force Tesla to trim down their price (assuming they manage to no longer need their "safety monitors", in which cas they will just not happen).

Humanoid robots are a tool that needs to find a use justifying its price (and there again, we might see competition from China…).

What's left??

load more comments (2 replies)
[–] [email protected] 5 points 1 day ago

Liquidate Musk

[–] [email protected] 90 points 2 days ago (44 children)

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.

load more comments (44 replies)
[–] [email protected] 52 points 1 day 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.

[–] carlossurf 30 points 1 day ago (3 children)

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

[–] [email protected] 11 points 1 day ago

Awww go fashy, stonk crashy :'( :'( LOL

load more comments (2 replies)
[–] [email protected] 52 points 1 day ago (2 children)

🤣 🤣

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. 🤣 🤣

[–] [email protected] 2 points 1 day ago

Some of them may quietly have the same political view as him, and at worse, most of them don't care about his views. Their failure to understand the rest of the world does mind just show that they're not half as smart as they think, and they're totally disconnected from the normal world.

load more comments (1 replies)
[–] [email protected] 18 points 1 day 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

load more comments
view more: next ›