Tesla Crashes 37% in Europe as Workers Suffer Amid Corporate Mismanagement

And the stock goes up 7% on this news

[removed]

Not sure I agree with "decisions prioritize profit over people". Their decisions sure as fuck aren't prioritizing profit either...

You are very rude. And both of you are wrong, both tsla and the general us market is down, at least at the moment.

It's down a whopping 1% in pre so yeah, looking like a 10% rip by EOD.

lol what? The last reported numbers in April has Tesla US sales down 16% year over year. You’re the one reading propaganda Charlie.

I'm annoyed at articles like this that talk about a decline but never seem to nail down what is the decline from. Last month? Year over year?

Well it’s been trailing the rest of the market.

Baffles me how US news outlets talk about Tesla in Europe and ignore what is actually driving a large chunk of the move away from them - that is, Elon Musk doing a couple of nazi salutes on stage. To put it mildly, this did not go down well.

It might be one of the few stocks that manage to rally all the way to bankruptcy. No amount of financial engineering will save you from parking lots full of unsold cars.

Yeah some Tesla fanboy claimed Tesla having fewer models saved them money. I pointed out Toyota has a thousand models and still has a higher profit margin

I'm guessing year over year but yeah it isn't specified there.

This N on a Kanye trajectory

That would require them to address some uncomfortable truths

Yep, lazy writing that totally detracts away from the true causes.

I know people think this but the truth is Tesla has been a shit investment since about 2021. It swings wildly up and down (the indication of a meme company) but the overall, investors have lost money. It has been pretty flat in reality. Where investors lost money is that Tesla has been paying directors and employees thru stock options and this is investors at the end of the day covering those wages in the billions of dollars. More so, these expenses do not show on Tesla's books. Their profits are a lot lower in reality as it does not take into consideration stock options as an expense.

https://www.reuters.com/business/autos-transportation/teslas-european-sales-slump-fifth-month-ev-rivals-gain-momentum-2025-06-25/ Reuters, June 25, 2025: «Tesla's (TSLA.O) new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2%, with the U.S. EV maker's revised Model Y yet to show signs of reviving the brand's fortunes. (…) Tesla's European sales have now fallen for five straight months as customers switch to cheaper Chinese EVs and, in some cases, protest against Tesla CEO Elon Musk's politics. Tesla's European market share dropped to just 1.2% in May from 1.8% a year ago. (…) Chinese manufacturers kept up their strong growth in Europe last month despite EU tariffs on Chinese EVs, selling 65,808 cars and doubling their market share to 5.9%, according to separate data released Tuesday by Jato Dynamics. BYD registered nearly as many vehicles as Tesla in May, after outselling it in April.»

I did nazi that coming

My husband is American and I'm European. He didn't understand why it upsets me so much more than it did him. In Europe we know, you don't play with that shit. There's only one way to deal with Nazis.

I can only imagine the amount of accounting fraud that goes on in that company.

"Corporate Mismanagement" is one way to put it!

Crashes mean so many different things when referring to Teslas

I thought Teslas don’t crash.

No need for that German Tesla factory any more.

When it all crashes down, do you think we get documentaries like Enron and stuff?

Profits would be even lower if the government didn’t hand them a cut of every W-2.

*Their profits are a lot lower in reality as it does not take into consideration stock options as an expense.* You are describing most of the tech sector. Not to mention buybacks to pump stock prices. Stock buybacks were originally illegal (price manipulation). Companies were once required to make a profit within five years of registration.

Ford had one model. They initially made massive profits. Then they nearly went broke as the Model T became obsolete.

It's still up 50% since the us market crash in April it's just stupid

Stock buybacks are completely legitimate IMO. They are pretty much identical to dividends with the exception that shareholders can determine individually if they want the cash or want to continue to hold shares. Companies typically declare them month if not a year in advance and like dividends, depends on their cash flow. Honestly this, along with dividends, should be always encourages because at the end of the day, a company only has value if it returns real money back to investors. From an investor point of view that is. Some of the tech sector. The tech sector is a lot more than Google/Apple/NVIDA. All companies eventually match their PE ratios. They sort of have to as that is the path to real returns for investors. But they can be unrealistic for 10 years. Tesla is on the 5 year part of their unrealistic valuation for example. Personally I think it should be noted better as a real expense on the published financial documents. It would show a far more accurate picture of the companies health and profits. The IRA can have different rules for profit and loss which is actually already common. So there is no conflict there.

Far lower. Tesla has received some 40 billion in direct subsidies and has only made about 10 billion in profits. They would be completely out of business without them. More so, those subsidies are absolutely going away. And they should. We should not be indefinitely subsidizing personal vehicles for people. Tesla would be a bad loss position along with bleeding billions of dollars yearly. The funny part, even if Tesla was to maintain all these subsidies indefinitely, the valuation is still a factor higher than their potential.