• mortalic@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    17 days ago

    I know all capitalists see lines going down as bad, but that is still a ton of cars and profit. Oof.

    • Dojan@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      17 days ago

      Here in Sweden, only 3 out of ~24,000 newly registered vehicles in March were Teslas.

      That’s honestly still 3 too many, but oh well.

    • cyrano@lemmy.dbzer0.comOP
      link
      fedilink
      English
      arrow-up
      0
      ·
      17 days ago

      Yeah but the important part in the article is this:

      The figure lagged behind that of China’s BYD, which has regained its crown as the world’s best-selling electric-vehicle maker after this week reporting sales of 416,388 in the same period.

      Meaning Tesla is not a leader anymore

      • troed@fedia.io
        link
        fedilink
        arrow-up
        0
        ·
        17 days ago

        In Sweden a single Volkswagen EV model (ID.7) now sells as much as all the Tesla models together.

    • normanwall@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      17 days ago

      But Tesla stock is 75% hype so declines in sales like this may hurt stock price disproportionately because of uncertainty.

      Brand value got hurt so bad by Musk the president did a fucking sales pitch.

      • mmddmm@lemm.ee
        link
        fedilink
        English
        arrow-up
        0
        ·
        17 days ago

        But Tesla stock is 75% hype

        It has been adjusted recently, but it was around 99% (P/E of 100 times what other car companies have), so it can’t be lower than some 95% now.