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- cross-posted to:
- [email protected]
Europeans still aren’t buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.
Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla’s billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.
They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.
I hate how much BYD pays people off. And they’re suing people in China for “damaging their brand”. I guess so did Tesla that one time, but only one of them runs slave camps (including outside of China).
And this is only one of their dubious “techniques” to lower the costs: https://www.heise.de/en/news/Presumably-Chinese-industrial-spies-stole-VW-data-on-e-drive-technology-9692416.html