Tesla sales crash as drivers snub Trump supporter Elon Musk

https://www.yahoo.com/finance/news/tesla-sales-crash-drivers-snub-125436528.html

by BikkaZz

16 comments

  1. “Tesla’s sales in Europe have plunged by 40pc as the electric carmaker battles a backlash from buyers against Elon Musk’s support for Donald Trump.

    The company’s sales across the European Union tumbled to 18,786 in November, down from 31,810 a year earlier.

    Only three brands endured a worse performance over the period, including Smart and Stellantis-owned Fiat and Chrysler.

    Analysts have partially blamed

    Tesla’s malaise on new 7pc tariffs levied by the EU on Chinese-made cars that the company ships to the Continent,

    as well as price cuts that temporarily boosted the company’s sales last year.

    But they also pointed to the company’s ageing lineup of vehicles and the likelihood that some customers are shunning the brand because of Mr Musk’s backing of Mr Trump, the US president-elect.

    German pharmaceutical chain Rossman said in August that it would halt purchases of Teslas for its company fleet, because of the “incompatibility” between Mr Trump’s policies and Tesla’s pro-environment goals.”

  3. So, I made a really nice tomato sauce tonight. Red peppers, chorizo, onion… Was delish.

  4. Up 200% in 3 months and new forecast is $515 (currently closed at $436) a share. Hard to think it’s crashing.

  5. 10 years ago, people commonly and unironically claimed Musk was the real-life “Tony Stark”.

  6. It’s ok. He’ll find a way to get the US to subsidize his failures and mishaps. He is president.

  7. Let’s all hold our breath until MAGA supporters pick up the Tesla buying slack.

  9. When I got started with my IT career track my goal I set was the eventually get a Tesla and at the time I thought Elon was someone to admire. I think he changed, he may not ever have been great but something radicalized him and he drinks the Kool-aide. I have altered my plans to own a different EV instead. I think a Hyundai Ionic.

  10. I love any opportunity to watch Elon fuck himself with his stupid, ideological own goals.

    I’ll never buy a Tesla and I’ll look down on anyone who buys a Tesla as well all because Elon decided to make himself a threat to Democracy and US progress because he’s a fucking moron.

    Just shut the fuck up. It could have stayed a great American success story.

  11. >Barclays says the post-election rally in shares of Tesla (TSLA) reflects a “sharp disconnect” between the stock and the company’s fundamentals. Technicals and options are playing an outsized role in the rally, the analyst tells investors in a research note. The firm believes Tesla shares are now best comped to crypto.

    Why is the stock market such a scam? 

  12. LOL, yeah that’s why their stock is soaring like a Balded Eagle. 346 end of NOV. 436 today. And my 2023 tesla is humming like a golem.

    You people can stop with your seething and cope. This is supposed to be an Economy sub, not a “my feelings are hurt” sub. Go whine over at r/WorkReform

  13. Had a tesla. Wrote off in an accident. Did not replace with another tesla. For multiple reasons including the above.

  14. I thought their sales are crashing because he makes shit cars?

  15. Down in Europe because of cheap Chinese EVs, not because they care.

  16. I have a friend who drove her Model S to CarMax and sold it as soon as she heard Elon bought Twitter.

Comments are closed.