Tesla sales crash continues in Europe, with Germany down 70%

Each time I see a new article about drop in sales, the percentage is higher. I love it.

I keep thinking it’s same article being reposted before noticing the drop is 10-15% greater than the last time I saw it. I hope he’s kicked from Europe entirely.
I think it's the first time in my life I routinely check in on the stock value of a company, and it's pure Schadenfreude.

Aren't there alternatives to Paypal, like Wise and Revolut?
- Do you need one?
  I recently deleted my PayPal account and use a virtual credit card instead.
  So far no issues with paying. In the rare case that credit card is not available you can always pay without account in PayPal via credit card.
- Germany tries to make one every two years. The newest one is called Wero/kwitt
- And wero from European paiement initiative that regroup all major french and german bank.
- In Europe, sepa transfers are free and instant transfers will be mandatory free from October.
  To pay in e-commerce, revolut has unlimited one-use cards, no need for PayPal.
- Google Pay. Wise and Revolut are money wallet + transfer tools.
- Ah, I should have read down further. I'll look those up.
I actively boycott Zuckerberg's offerings bar WhatsApp coz the bastard bought it out from under us. Fuck him, fuck Meta
Is there a Canadian version of paypal that works the same way? I was searching but couldn't find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
- Not quite but credit cards and Interac e-Transfer.
PayPal blocked my account in like 2017 or something, never used it again

If you buy a Tesla now, it says something about you as a person...

I bought a Tesla years ago before Elon completely removed the mask.
No way I’d buy one now, but I also don’t want to sell it early and lose a tonne of money.
The Tesla board should intervene and remove him, but they won’t because he’s stacked it with yes men like his brother.
- In your defense, back then they were the only EV that wasn’t useless.
  I have hated Tesla since day 1, but even still I had to admit that they had the only decent EV drivetrain.

Elon truly is a genius businessman. Letting him run the government is clearly a great idea.

It's been said more than once, that Musk isn't an asset to a company but a liability. Tesla didn't succeed because of Musk but despite him.
I mean he's become a whole lot richer. Tesla is just a casualty. Why he hasn't been ousted from the board or sued by investors, I don't understand.

Lemmy, this is the 7th day in a row you've shown "Tesla sales down in Europe" news in Top.

Feel free to post other good news. I’ll be happy to upvote.
You can filter it out if you want. Whenever I read it I get warm fuzzies. It helps me cope.
- Doesn't make my comment not true.
  And I don't filter or block anything or anyone. Rawdogging Lemmy, the way God intended.

Good.

Say what you will about faceless corps, but toyota won't send some jackass out a the public face to do sieg hail, and be the gleeful butcher of government programs.

You have to be nestel levels of horrific before it breaks out of the corporate bubble.

I seriously question the mental stability of Tesla shareholders. Why on Earth does that man still have a job?
I'm not even talking about this recent stuff, I'm talking about all the things he's been doing for the last few years. It would get any normal person fired.
- He has family members and toadies on the board

Gone from the coolest car to the most embarrassing, and these people are supposed to be smart.

As a publicly traded US company, can't the board of directors vote Elon out because of tanking sales? Seems like that's the only way for the company to survive at this point.
- In a normal company they could, but the board are all loyal to him, not the company. Recently they insisted in giving him a 50 BILLION bonus, yes, with B. No chance they will intervene. And putting a puppet CEO like at Twitter won't have a strong effect either.
- He'll still retain his shares. Which is the source of his wealth.
  For my money I'm going to throw a goddamn party if this cursed stock hits double digits.
- Cause everyone at Tesla is a spineless grifter too.
- Does that still apply when the CEO is also Emperor of the United States?

Let’s get it to 90%. We can do it.

go big or go home : 100%
- You can go to 110% if you burn enough tesla's
70% is just rookie numbers

Deliver is not the same as sales. They are also launching a new model this summer so people could just be waiting. I know it’s a great news story, Europe bands together against Musk to show dissatisfaction with American politics, but it may not be true. If someone could find Tesla reports that delivers are far lower than expected I will change my mind.

I wanted to find their predictions for production in Q1 2025 to see if they planned for less deliveries before all this Musk hit the news cycle. The closest I got as 2024 Q2 production numbers. https://ir.tesla.com/press-release/tesla-vehicle-production-deliveries-and-date-financial-results-webcast-second-quarter-2024

Yeah I'll believe it when I see the trend last more than a month or 2
I mean... why wouldn't all that is happening not have a effect on sales? Musk is the face of Tesla and Musks image has totally gone downhill for lots of people. He's gone from "techbro genius" to "fascist" in a few months (!) in the public image and there is really not reason to doubt, that this won't have an effect on sales.

The only creatures that should buy a Tesla are from the fucking AfD.

Lol definitely won't, they're super anti-EV after all. I mean, they even want to get rid of all wind power plants. xD
- This is why I wouldn't put it past them to try to hide the real sales numbers. Wouldn't surprise me if they're down 90+ percent and the company is effectively dead already. The board of directors are Elon's creatures and their personal wealth will depend on keeping the facade (and stock price) up so they aren't about to cry foul.
And those from the fucking UK apparently.
Very similar though - just waiting for them to elect farage to gut UK public services.
I live in one of the Eastern countries and surprisingly most tesla owners I see on the street are from Ukraine. We don't even have developed infrastructure to use that car.
- Because only rich Ukranians could afford them, and the rich ones fled Ukraine when the war kicked up.

Tesla is a meme stock in the disguise of a car company. It being down 30% means little, if anything volatility is good for big market players. Allows them to fleece more people. In a month Trump will announce a big tesla contract and it'll go back up.