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Utopia Talk / Politics / Tesla May Sales
williamthebastard
Member
Tue Jun 03 09:12:27
LONDON, June 2 (Reuters) - Tesla's (TSLA.O), opens new tab car sales fell sharply in several European markets including Sweden and Portugal in May, a fifth consecutive monthly decline that has been blamed on CEO Elon Musk's political activities and an outdated model lineup.

In Sweden, Tesla's new car sales plunged 53.7% in May from a year earlier, while in Portugal they were down 68%. Overall electric vehicle sales in both markets rose by almost a quarter in May.
Tesla's sales were also down 30.5% in Denmark, 36% in the Netherlands and 19% in Spain, while data from PFA in France released on Sunday showed a 67% fall.

In Sweden, for example, sales of Volkswagen's electric ID.7 were almost twice those of the Model Y. Tesla's mass-market Model 3 was also outsold in Sweden by electric models including Porsche's Macan, BYD's Seal and the G6 from Chinese EV maker Xpeng
williamthebastard
Member
Tue Jun 03 09:18:14
Figures for Germany and other countries to be released around 6 June
williamthebastard
Member
Thu Jun 05 02:14:57
Tesla sales in Germany dropped in May for the fifth month in a row, as demand for the electric vehicle maker continued to slide across much of Europe, despite Elon Musk’s efforts to turn his focus away from his U.S. government activities and back to his companies.

Registrations of new Tesla cars in Germany, Europe’s largest car market, dropped more than a third from the same month last year, data released by the country’s Federal Motor Transport Authority, K.B.A., showed on Wednesday.

Tesla sales in other European countries have also remained depressed, falling more than 67 percent in France and 29 percent in Spain in May.

Mr. Musk has tried to downplay the extent of Tesla’s losses in Europe, telling Bloomberg News in an interview at the Qatar Economic Forum that although it was the region where the brand faces its greatest challenges, “the European car market is quite weak.”

But data from European markets does not support that claim. In Germany, sales of battery-powered cars grew nearly 45 percent in May, compared with a year earlier. In Spain, overall sales of electric cars grew 72 percent, while Tesla sales slid 19 percent.

In Germany, demand for BYD, Tesla’s main E.V. rival, rose ninefold, the strongest showing of an electric vehicle producer from China.
murder
Member
Thu Jun 05 15:45:10

This is fine. :o)

Im better then you
2012 UP Football Champ
Thu Jun 05 16:41:03
Tesla stock down $40 in a single day for a total of $148 billion in Market cap.

Fuck
Im better then you
2012 UP Football Champ
Thu Jun 05 16:41:59
*correction $152 Billion loss in Market cap.
williamthebastard
Member
Thu Jun 05 16:52:04
"Similar trends were seen in the UK and Italy. In the UK, Tesla sales decreased by 45 percent, even as overall EV sales increased by 28 percent. In Italy, EV sales increased by almost 41 percent, but Tesla's deliveries dropped by 20 percent."

Paramount
Member
Fri Jun 06 04:40:28
The level of anti-Americanism in Europe is quickly reaching the level of anti-semitism. The USA should block the sales of important American parts and components that European manufacturers are using to build their cars if the Europeans don’t start to buy more American cars. Europe also needs to condemn Hamas.
murder
Member
Fri Jun 06 04:49:32

"Europe also needs to condemn Hamas."

Wrong multi.

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