In April, Tesla sold 7,261 vehicles in Europe, representing a significant 49% decline compared to the same month a year earlier, according to data from the European Automobile Manufacturers’ Association. This sharp drop comes as Tesla faces increasing challenges, including reputational damage linked to CEO Elon Musk’s recent political activities and public association with U.S. President Donald Trump. At the same time, Tesla is dealing with intensifying competition from both established automakers and new entrants in the rapidly evolving European electric vehicle market.
Stock price was up pre-market. Will the rally continue ?
Tesla’s Europe sales plunge 49% on brand damage
byu/azavio inStockMarket
Posted by azavio
18 Comments
I swear the title said brain damage
Still correct
that’s good news! +20%
ANNNNDDDDD the stock is still up … welcome to meme world
Woohoo, 400 this week!
Lol, and the story continues, TSLA is the rocket to the moon, all bad news are inversed and pumped.
TSLA to 500!!
If TSLA sales goes to zero in the world, their stocks will probably breaks 5000 per share!
Not enough.
Tesla price confirmed 420.69
Same bloody news over and over. I’ll celebrate if their sales decline 49% from ‘same time last month’
Overpriced hollow stock. Dump asap. Market will rise today because of Trump’s words. Look to drop your dogs.
I cringe every time i see the symbol— people can’t trade them in here, nobody will take them
It’s not just brand damage, Elon Musk has repeatedly been saying they are no longer a car company and their non existing new product line clearly reflects that. They lost the EV lead and it’s unlikely they will ever catch up with a stinky brand.
[This is the same guy that mocked BYD back in 2011 and said they will never be a competitor](https://www.bloomberg.com/news/videos/2023-12-27/in-2011-tesla-ceo-musk-mocked-chinese-competitor-byd-video).
I don’t understand how people still pour money into Tesla, Tesla doesn’t have a competitive lead in their other ventures and their fake product demos and vaporware point to that.
I’m sorry for Tesla as a company, but something’s got to give for Leon to get the message.
Up 2.6% premarket.
Nothing matters.
Not enough.
Not to brag but where im from its down 90%
Not nearly low enough.
Up 9 usd pre-market. Lol.