- cross-posted to:
- europe@feddit.org
- cross-posted to:
- europe@feddit.org
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.
I don’t think you understand what “hedging their bets” means.
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 🤡
So, they’re not Tesla shareholders?
Shock, you can own shares from multiple companies at once. Competitors, even.
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.