- cross-posted to:
- business@lemmy.world
- cross-posted to:
- business@lemmy.world
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.
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.
There is precedent for a car brand started by a Nazi successfully shaking that image eventually
Cheaper and better EVs are here from lots of European, Korean, and (to a lesser degree) American brands.
It’s been a long time since was “the only choice”.
Eve if he suddenly no longer had influence over Tesla, he’s ruined their reputation enough that others have had time to catch up and make better vehicles.