Difference in registration between January 2024 and January 2025.

Source

    • witten@lemmy.world
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      6 days ago

      That was the last era. Now we’re in a masks-off gilded age where the ultrarich think they can do it all out in the open.

  • Inucune@lemmy.world
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    6 days ago

    Fuck Elon, but I am starting to feel bad for the guys who just wanted to make an electric car. They didn’t deserve to get wrapped up in this monkey’s paw. I hope they got out while they could.

    • Rekorse@sh.itjust.works
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      6 days ago

      Ive heard literally 0 shit being flung at the people who work at Tesla. This is the first time I even considered whether this was bad for them.

      They likely are losing money though since I think part of their pay is in stock. The stock is overvalued though still.

      I dont know, if I worked for Tesla I’d probably consider this a wash.

    • nednobbins@lemm.ee
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      6 days ago

      No shame.

      I view it as a friendly competition between Europeans. Right now, Spain is in the lead. UK and Italy are trailing but they’re still racing in the right direction. I’m cheering for them to catch up.

  • Libb@jlai.lu
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    7 days ago

    I won’t cry for Musk, quite the contrary… But I also don’t know how important the EU as a market is for Tesla?

      • Libb@jlai.lu
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        6 days ago

        You mean China? They are not part of NATO. Note that the election of Trump have almost made it crystal clear the USA does not care much about NATO anymore (they seem to only care about Ukraine’s underground which is not yet part of the EU (what a happy coincidence). So Turkish armed force ranking may very well already be a non-question just that we, NATO-members, have not been officially told so yet… In Which case China and Russia, and Turkey?, would be very happy.

  • alehel@lemmy.zip
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    6 days ago

    And the numbers in Norway shot back up with the arrival of the new model Y. Turns out people were just waiting for the new model.

    Model Y is now the most sold car in Norway so far this year and the model 3 is up 300% compared to the same time frame last year (Jan->March).

    Curious if something similar happened in other European countries.

    Source: https://www.finansavisen.no/industri/2025/03/24/8252052/tesla-tilbake-pa-salgstoppen-i-norge

  • Showroom7561@lemmy.ca
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    7 days ago

    What numbers would cause them to go bankrupt? I can’t imagine any business surviving such significant losses for very long.

    • NotMyOldRedditName@lemmy.world
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      7 days ago

      Tesla has something like 40b in cash, and makes more profit on their vehicles than everyone, even at these lower prices, except for companies like Porsche.

      You could probably halve their total sales and they’d still be fine financially.

      The stock would be another story though.

      • Showroom7561@lemmy.ca
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        7 days ago

        40b doesn’t sound like a lot for such a big company, though. That money will burn through quickly, unless they start mass firing their workforce.

        There must be a breaking point. No large company can just exist without sales keeping them afloat.

        • NotMyOldRedditName@lemmy.world
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          7 days ago

          It’s less the 40b and more how profitable the vehicles are.

          They have a lot of room for reduced sales, they could cut an entire shift and be okay profitability wise. The 40b allows them, If they wanted to still try and grow with the reduced sales. That could last for many years if needed in that case, but if shit hit the fan and they decided to grow less and optimize for further reduced costs the could probably keep the 40b much longer.

          Edit: And they sell more than cars to generate more profit. Energy business is growing and less (bit not zero) impact from his craziness as commercial stuff cares less.

          • Showroom7561@lemmy.ca
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            7 days ago

            OK, so same question as before: how bad do their sales need to be for them to tank? I mean, we’re seeing over 70% drop in some countries. Could they possibly sustain that for six months? A year?

            If the general public had a target, I’m sure we’d get there!

            • NotMyOldRedditName@lemmy.world
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              7 days ago

              They still sold 330,000 cars even with all the drops and model y changeover on a quarter that’s always the weakest in the year.

              It would have to get much much much worse to make them not profitable on the cars, and not be able to sustain the difference from their energy business.

              Maybe sales under 1 million for the whole year for something like no profit? But maybe not even then?

              Edit: in 2017 The model 3 ramp was profitable at 5k a week in Fremont, and the car is cheaper to make today.

                • Logi@lemmy.world
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                  7 days ago

                  I’d like to see the stock devalue to normal levels, taking most of Elon’s wealth with it, the board deciding that Musk is a major detriment to the company and fire him as CEO and then get back to their core business of making cars without the regular injections of Musk insanity.

    • ᴇᴍᴘᴇʀᴏʀ 帝@feddit.ukOP
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      7 days ago

      What numbers would cause them to go bankrupt?

      They’ll shrink in size but will always be a big player in the EV market.

      The main question is: how big a decline will be required for the board to boot Musk out?

      • Showroom7561@lemmy.ca
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        7 days ago

        but will always be a big player in the EV market.

        Not for long if their sales continue to tank, because that revenue will be going to other manufacturers, who will become bigger than tesla, eventually.

        And I don’t simply want Musk out. He’d still be rich because of Tesla. I want the company to fold completely. I want his fortunes to be zero, and his influence to be less than zero.

        • wewbull@feddit.uk
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          6 days ago

          I’d rather the stock gets hammered, he loses his wealth and has to sell his stock to cover himself, he gets fired as CEO and then the company goes on and does well after he is nothing to do with it.

          I’d quite like the company to do well. I just want it to be without him.

        • witten@lemmy.world
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          6 days ago

          If you want that to happen, then you’ll need to start work on SpaceX after Tesla is gone.

      • wewbull@feddit.uk
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        6 days ago

        If they shrink in size, and the EV market becomes “all cars” then they’ll be insignificant.

    • wewbull@feddit.uk
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      6 days ago

      Tesla’s stock price has little to do with Tesla going bankrupt. This is about Musk himself. He’s heavily invested in Tesla and as Tesla’s stock goes down his net worth and power goes down.

      What it does make difficult for Tesla is to raise money through investment.

      Tesla’s problem with all of this is brand damage. Best thing Tesla could do now to recover the brand is remove Musk as CEO. However, as the largest investor he’s almost self-appointed.

    • LeFantome
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      7 days ago

      It is less about portability on sales and more about the ability to drive R&D.

      The technology will continue to improve. If they fall behind, that will be what really tanks sales.

      They have a lot of cash but they need to keep feeding the R&D on batteries, charging, software, and cost reduction tech.

      Their biggest protection is tariffs since fairly large markets are locking out all their real competition. As long as those are in place, they will be able to soak up much of the EV demand.

  • not_that_guy05@lemmy.world
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    7 days ago

    Is turkey considered part of Europe?

    Asking as an American so I understand this.

    Edit: thank you everybody that replied and my question is asked incorrectly. I meant if it was part of the EU.

    • valek879@sh.itjust.works
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      7 days ago

      Yes, the European part of the country is part of Europe and the rest of the country is in Asia. Source: I listened in middle school.

        • valek879@sh.itjust.works
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          7 days ago

          My partner just told me a more interesting question and probably your intent was to ask: is Turkey in the European Union? And no, it is not however Turkey has many ties to Europe especially in defense. Much of the EU is part of NATO and many Europe adjacent countries are also party to the treaty. This includes Turkey.

          Turkey is also split between Europe and Asia. Most of the country is in Asia. But the country is split in Istanbul by the Bosporus Strait. The European part of Turkey is on the North side of the strait. This gives Turkey a land border with Greece and Bulgaria.

          Also, in the past, the Ottoman empire was pretty damn expensive pushing much further North and containing much of what we call Eastern Europe. Modern Czechia, Austria, Croatia, Poland, and Ukraine form the border for the lands claimed by the Ottomans.

    • taladar@sh.itjust.works
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      7 days ago

      Basically the part west of the link between the Mediterranean sea and the Black sea is considered is considered European and the rest is not.

    • Libb@jlai.lu
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      7 days ago

      Turkey has asked to join the EU already. It was denied last time but something tells me next time they may be very welcome instead.
      (hint: Turkey has the second biggest army in NATO right after the USA and has the most active/quickly growing weapon/armament industry in Europe too)

      • ᴇᴍᴘᴇʀᴏʀ 帝@feddit.ukOP
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        7 days ago

        I think a change of government would be required as Erdogan is only getting more authoritarian. I suspect this is partly because he knows the backlash is coming, but that may lead to even harsher crack downs on decent and he could go full Putin. The EU wouldn’t want that hot mess inside their borders.

        • Libb@jlai.lu
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          6 days ago

          in France, we have this saying ‘Nécesité fait loi’ which means you make do with what you have and to the best of your abilities. Also, my little finger is telling me quite a few EU countries would not mind a more authoritarian country entering the Council, a country that would then be used to tell France and Germany (and who knows, the warmly welcomed-back UK, one of these days) to go funk themselves. But I may be wrong.

      • ᴇᴍᴘᴇʀᴏʀ 帝@feddit.ukOP
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        7 days ago

        And this is the European bit of Istanbul:

        https://istanbul.tips/guide-about-european-side-of-istanbul-things-to-do-see-how-to-get-around/

        It is where most of the key historical buildings are, and I’ve always had accommodation there (my uncle lived there too). If you are flying in, you’ll usually arrive at the main airport, which is also on the European side. If you are foolish to use EasyJet they use an airport on the Asian side which is an awful long way out of the city and involves driving through mile after mile of new tower blocks that are a worry in an earthquake zone (earthquakes are moving westward along the North Anatolian Fault and Istanbul will likely be hit next - it’ll be horrific).