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- cross-posted to:
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Difference in registration between January 2024 and January 2025.
UK and Italy are evidently full of bastards.
Or weren’t buying many to begin with 🤔
No they’re right, we’re bastards
Bloody bastards even.
Don’t worry, I wasn’t disputing that.
That’s not how percentages work.
It’s not, but there’s probably another proportion of the overall community that are “I like Musk and I have money, so I’m going to buy a car”. That number isn’t related to the previous number of sales, so if sales are already low that “arsehole” number would become more significant.
It’s a made up example, but just saying there may be ways in which the sales won’t drop below an absolute number.
Not sure about figures but there’s plenty on UK roads.
Average .ee user
Why are the rich so stupid? Just pretend you care about human rights and your sales go up. It’s so simple. Why can’t they even put up the facade of being a normal person?
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.
So far the American Ultra-rich have been doing well when they didn’t get Luigi’d.
Yeah, the word “think” is doing a lot of heavy lifting in my statement there…
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.
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.
why is Felon Musk not getting fired for poor performance.
From the government? Because he bought it.
From Tesla? Because he is the largest individual stockholder.
And the board is made up of his toadies.
I’ve heard from Germany but are there any articles about Spain? Spain seems to hate musk in particular, me gusta
Italy and the uk need to step it up
I’m ashamed of the UK and Italy.
Not so long ago it was up in the U.K., so this is a start.
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.
These numbers are outdated, Tesla are back at the top of sales for March in Norway. Such a shame
Source?
Here, though it is in Norwegian: https://ofv.no/registreringsstatistikk
You love to see it
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?
It is third after NA and Asia but still huge.
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.
what
Thank you… thought I had lost it.
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
That’s just January, just when fElon was just getting started.
Consistent declines for all 3 months of 2025, yoy.
What numbers would cause them to go bankrupt? I can’t imagine any business surviving such significant losses for very long.
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.
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.
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.
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!
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.
I guess we still have a lot of work to do then 🤭
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.
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?
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.
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.
If you want that to happen, then you’ll need to start work on SpaceX after Tesla is gone.
One thing at a time 🤭
If they shrink in size, and the EV market becomes “all cars” then they’ll be insignificant.
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.
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.
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.
geographically some of it is.
“Europe” doesnt always mean “European Union”
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.
I see.
Can you provide a link to your middle school source?
/s
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.
This is what I’m looking for. Thank you so much for the info.
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.
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)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.
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.
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).