Tesla sales in Europe 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

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.

  • matlag@sh.itjust.worksEnglish
    3·
    12 hours ago

    And at these times, they could claim “Nazism is dead”. The issue with Musk and Tesla is nazis are not going anywhere anytime soon. Maybe they should hire VW’s CEO, actually. He managed to get the brand past the diesel-gate.

    • towerful@programming.devEnglish
      3·
      11 hours ago

      So, we should be sending people to prison? Cause that’s what happened to people involved in dieselgate. Along with the affected cars being recalled and the owners compensated.

      • matlag@sh.itjust.worksEnglish
        1·
        8 hours ago

        I doubt Elon will go to jail for being an asshole. Tesla may get in troubles for the promises of unsupervised FSD, but that’s not the issue here.

        I was more thinking about the brand’s reputation recovery.