- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
Summary
Tesla’s sales in Europe and the UK are plummeting, despite overall EV growth in the region.
In January 2025, Tesla sales fell 63% in France, 59% in Germany, and 12% in the UK, where overall EV sales rose 35%.
Sweden, Norway, and the Netherlands also saw major declines. Analysts cite Tesla’s aging lineup and CEO Elon Musk’s far-right political statements as key factors.
The Cybertruck’s European road restrictions further limit appeal.
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Market cap of $1.2 trillion. That’s 3 Boeing’s.
Plus 3 McDonalds.
Plus 3 General Motors.
With room to spare.
If anybody still owns this
garagegarbage meme stock, get out now while you can. Sell before your friends do.I did nazi that coming
Seems like it should have gone down more in the US after the salute (check the further back timelines):
Wall Street has never had a problem with Nazis
Tesla is likely facing competition from Chinese EVs as well.
