Summary

Tesla’s registrations in France dropped 63% in January, their lowest since August 2022, far outpacing the broader total EV sales’ 0.5% decline.

Tesla registrations across EU countries fell 13% last year, with Germany accounting for much of the decline.

Sales in Germany, Tesla’s biggest European market, also fell 41% last year due to an aging lineup, competition, and subsidy cuts.

CEO Elon Musk’s political involvement, including support for Germany’s far-right party, may be affecting demand.

  • merc
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    1 month ago

    I don’t think you understand what “hedging their bets” means.

    • Jimmycakes@lemmy.world
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      1 month ago

      It means they invested a few of their spare billions into opposing technology and companies while you sit at home deciding if you are buying eggs or milk this week.

      You dropped this 🤡

      • merc
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        1 month ago

        So, they’re not Tesla shareholders?

          • merc
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            1 month ago

            Ah, so they no longer care about how their Tesla shares perform, because they’ve invested in multiple companies. Gotcha! You’re great at investing, I can tell.

              • merc
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                30 days ago

                And you’re one of those “oops, I realized I was wrong so I accused someone of being a troll and made my escape” posters.