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Tesla (TSLA) can't find the bottom in Europe
- Bender 9mo agoWordy-Title: Tesla (TSLA) can’t find the bottom in Europe as 2026 starts with another brutal decline
- jjgreen 9mo agoThe popularity of the Volkswagen shows that Europe has no objection to (formerly) Nazi cars, but there are limits ...
- ahartmetz 9mo agoLong ago Nazi vs currently another brainfart away from invading
- dgellow 9mo agoSame for Ford in the US, right?
- eurleif 9mo agoI once saw a Volkswagen with the vanity plate "FORD". A little concerning.
- asadotzler 9mo agoIndeed,"formerly" carries real weight. It's one thing to have car company with highly distributed ownership that was once Nazi aligned the better part of a century ago, and an entirely different thing to today have a personal piggy bank company for a billionaire Nazi active in global politics.
- CamperBob2 9mo agoIf a VW exec throws a Hitler salute in public, they will no longer have a job the next day. When Musk does it, he gets a trillion-dollar pay package. So no, there's no comparison to be drawn here.
- pkaodev 9mo agoI think people are missing the joke here (notice the italicised 'are').
- jjgreen 9mo agoNot uncommon :-)
- MuskIsAntidemo 9mo ago[dead]
- rsynnott 9mo agoSo, VW as a brand has origins there, but there's little other continuity. It's a fairly different situation.
- slaw 9mo ago> Across the wider region (EU, UK, EFTA), market share fell to 1.7% by November 2025 Tesla was never mainstream in Europe.
- rsynnott 9mo agoIt was never super-mainstream, but it was the top EV group in terms of sales for a few quarters (mostly in 2019). It'll likely soon no longer be in the top ten; looks like for Q1 it's on track to be smaller than Stellantis (the company which owns all the brands that you're surprised still exist) and Geely, who themselves are marginally relevant in Europe.
- slaw 9mo agoTesla was never super-mainstream, regular-mainstream or mainstream. It was top EV when there were no other EVs. Stellantis has 16% market share in Europe.
- marwamc 9mo agoPicking a fight with the European labor unions was not a smart move in hindsight. Backing AfD in Germany and calling them Germany's "best hope for the future" likely rubs the rest of the non-AfD polity the wrong way. He turned driving a Tesla into a political stance in Germany.
- browningstreet 9mo agoIt is here in the US too. I drive on OG Model Y and silently judge new Model 3/Y purchasers. Trained to do so by the Cybertruck.
- ahartmetz 9mo ago>Picking a fight with the European labor unions Trying to rule when the local custom is to negotiate - US companies keep repeating that mistake. It has not gone well once that I'd know of. Unions are often more concerned about the long term than company leadership, that's an asset!
- rsynnott 9mo agoAnd various other European far-right parties; it wasn't just AfD. Also, y'know, the salute (still amazed that he was pretty much given a pass for that in the US).
- NuclearPM 9mo agoCanadians are starting to hate Tesla too. Why alienate liberal aligned people by acting like a fascist?
- Tiktaalik 9mo agoThere's lots of support at 0