Tesla has faced a similar slide in sales elsewhere in Europe as people protest against CEO Musk.

Autos trade group Mobility Sweden said new vehicle registrations of Tesla models were down 80.7% in April amid a backlash against the political activity of CEO Elon Musk.

Tesla registrations were 203 in April, down from 1,052 a year before.

It was one of the worst-performing automakers for the month in the Nordic country, and sat in contrast to an overall 11% rise in new passenger vehicle registrations to 24,292.

Polestar Automotive, a Swedish electric automaker and one of Tesla’s competitors, saw its sales hit 535 in April, an 11.5% increase.

  • Yawweee877h444@lemmy.worldEnglish
    1321·
    2 months ago

    Yet tesla stock goes up. LOL.

    How the fuck is the stock rising?

    Oh. Wall Street is a joke. I forgot.

    • The Quuuuuill@slrpnk.netEnglish
      391·
      2 months ago

      the entire stock market is a made up imaginary scam that all of our companies have forced us to care about by eliminating pension funds as a retirement avenue. i mean. the entire monetary system, but the stock market especially

    • BombOmOm@lemmy.worldEnglish
      102·
      2 months ago

      Yet tesla stock goes up. LOL.

      How the fuck is the stock rising?

      It’s down quite a bit this year:

      • Buffalox@lemmy.worldEnglish
        8·
        2 months ago

        It’s down quite a bit this year:

        Yes and that seems to be mostly from the inauguration, Nazi salute and DOGE, january through March.
        But if you look from when the tariffs were announced in the start of April, and most of American stock is down in that period. Then Tesla has done pretty well in April compared to most, despite being a company that will be hit hard by the tariffs.

    • ano_ba_to@sopuli.xyzEnglish
      23·
      2 months ago

      Gamblers. Shorting the stock is still a show of support. If you don’t like Musk, stop betting for or against the stock. Don’t be greedy.