Tesla's European sales tumble nearly 50% in October

The stock is going to pop

50% gain in the stock price in the next 3 months

LoL

Calls

“Tesla electric vehicle registrations (a proxy for sales) in Europe fell to just 6,964 units in October, a 48.5% drop compared to a year ago. Meanwhile, total EV registrations in the region, which includes the UK and the European Free Trade Association, rose 32.9% in October, with overall registrations regardless of powertrain up 4.9%. October's total marks the 10th straight month of declining Tesla sales in Europe. Meanwhile, the overall market share of EVs in the broader European region grew to 16.4%.”

Expected - it’s a result of Elons ‘political actions’ Tesla has gained something of a ‘Toxic Reputation’ in Europe. We have strong memories of 1938-1945…

To the moon soon. More effort on Cabs and Optimus. We don't need to sell cars anymore. Tesla is again ahead of the curve /s

It’s an AI chip company though

What historical trauma could have caused this?

Love it.

Up at least 50%

Wait, I thought it was a Robot company, or a "Fully manned Colony On Mars Company " Im confused.

Europeans are smart

Anything on mars is SpaceX. Tesla hasn't bought out SpaceX *yet*

As of July 1st: “Investors are glued to Tesla (TSLA) at writing following reports that its billionaire chief executive, Elon Musk, will personally oversee European sales after firing Omead Afshar – the company’s vice president of manufacturing and operations – last week.” Sounds like that plan is going great

Nah, it’s a robot company, err.. a cybercab company, err.. a semi-truck company, err- a solar/battery company, err- a car company…?

At this point, 50% isn’t that much since every quarter it drops 50% we are going from selling 20 cars to 10.

It’s a carbon credit company. That’s their main product that actually makes money.

Car sales are obviously a distraction from the core business of smoke generation.

Actually, it’s a stock pumping company. By far, their largest business is stock growth.

Pretty unfortunate for them that they don’t exist in the US now. Big part of their profits just gone

More AI chip sales than NVdA, who cares about cars lol

To Mars!

Time to buy calls.

Artificial intentions?

They are all walnuts in his shell game.

"Personally oversee" while playing video games and wanking to anime.

And soon, Tesla will see a 100% drop as they go from selling 1 car to zero cars.

You missed the news. It’s a fab company now.

Elon *would* go, but he’s just too important and has to stay on earth to accumulate more ludicrous amounts of wealth. You know, for the betterment of humanity.

Don't forget mirrors.

Why is anyone buying that piece of shit nazi mobile?

Ya, he's busy ~~playing video games and jerking off to anime por~~building his robot army.

That toxic reputation is what will destroy him, and Tesla. Nobody wants anything to do with him no matter what vaporware he pretends to build.

From a product point of view, I would have been ready to buy a Tesla by now. The cars have developed nicely, and a Model 3 or Y are pretty attractive cars. But based solely on what Musk has done to our society, with the enablement of fascism and racism, I will never buy a Tesla or any other product from his empire.

Tesla shares to the moon on the back of this news

*while paying others to play videos games for him

We just bought an EV. Looked at every brand but Tesla. Won’t even consider one.

Queue more bullshit for the snake oil salesman to try and still convince investors that he is a genius. What will it be this time Robot airplanes, a new cybertruck not designed by a 5 year old, or something outrageous like a Tesla working McFlurry machine!

Maybe time for European Tesla to make 100B deal with X Corp. Then X Corp makes 100B deal with SpaceX and Tesla. Sales will be up!

Grünheide factory is underutilized and should never have been built.  They could be supplying Europe from U.S. factories toll free.  The Chinese on the other hand are powering ahead in the E.U. market and companies like BMW and VAG who took E.V.s seriously are enjoying considerable sales success.

Just wait for the November numbers. Only 11k Tesla have been registered so far in the EU [EV registrations EU](https://www.eu-evs.com/groupCharts/TESLA/ALL/YoY-Chart)

Their reputation for quality has never been good.

Focus on caba, that's why they're slashing their fleet by 90%

flying Tesla McFlurry machine

Stock up 10% on news of course

Won’t someone think of the children ? He’s got like 14 kids we know about. He’s going to mars to get away from his parenting responsibilities!

Science fiction company no less

This, and I test drove one 3 years ago and kind of felt like it was a piece of crap. We ended up getting a Ford Expedition hybrid, it was so much nicer and substantially cheaper. It’s been very reliable. My wife has to drive a lot for work and it gets incredible mileage.

Why don't they shut down their car factories so they can focus on chips and robots?

Guys - you keep missing that -50% yoy isn't as bad as it sounds because of compound loses! It's only like -25% over peak baseline!.... $tsla +42.68%!!!!

They do have a good drive train and battery management system. But the drive train is what the conventional guys excel at and the battery management system is one of the easier techs to catch up on.

I still have no idea what will pop first. The USA stock market seems a foam pit.

Ya, such a shame. Oh well.

It’s almost like it was a terrible idea to tie your brand to a terminally online megalomaniacal Nazi. Honestly, Tesla needs to drop him and focus on repairing their reputation, as well as focusing on improving quality. It has been several years and these cars are still shit quality. They need to seriously reflect on what it means to be an auto manufacturer if they want to make it through.

My buddy who had a Model Y just switched to the new one. Apparently he was given 0% financing.

The car is fine, but the company boss its a nazi so fuck off. No more nazi mobile in the EU.

Right now it's a "model Y would you ever buy that".

Exactly he completely killed it for me

Then stop buying every european car. All of them supported Hitler.