Popularity has plummeted in markets like Germany, a country still haunted by its fascist past, where Tesla's share of EV sales plummeted to just 3.7% last month versus 14% a year earlier.

Summary

Tesla’s European sales are plummeting, with Germany seeing a 60% drop despite strong EV growth. Similar declines hit Norway, Sweden, and France.

While some blame the Osborne effect—buyers delaying purchases for a refreshed Model Y—Musk’s endorsement of Germany’s far-right AfD may also be repelling customers.

Online backlash has linked Tesla to fascist imagery. In contrast, UK sales fell only 7.8%, suggesting political factors play a role.

With strong domestic EV competition in Europe, Tesla’s reputation crisis could further hurt demand.

  • archchan@lemmy.mlEnglish
    11·
    14 days ago

    The Blackrocks and hedge funds of the world prop up whatever corp it wants to succeed and buries whatever it wants to short into bankruptcy. They set the price of their shares to benefit capital owners. Retail has practically no power. It’s a fugazi, just another means of control. A big club that we’re not in.