this post was submitted on 10 Mar 2025
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[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only! (feddit.org)
submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 27 points 1 month ago (4 children)

This has more to do with investors than boycotts...

Tesla stock price hasn't been based on company performance, like, ever.

I'd go as far to say even the reduced sales in Europe aren't due to anything Tesla is doing, it's because y'all are allowed to buy BYD, which is better quality than Tesla at less than half the price.

[–] [email protected] 1 points 1 month ago

One does wonder what the board members are doing, other than sitting on their hands and watching their company being dragged through the mud.

Musk is surely in breach of contract with Tesla as CEO for his behaviour which has directly affected the brand's reputation. Time they gave him the boot.

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago)

Under the top 10 EV-selling companies in 2024 in Europe was only one Chinese company (disguised as Volvo), and wasn't BYD. BYD is growing, but still very small. They have just a few dealers, and almost no garages.

https://www.elektroauto-news.net/news/europa-autojahr-2024-zahlen-grafiken

[–] [email protected] 11 points 1 month ago* (last edited 1 month ago) (1 children)

You are right about other manufactors. But many analysts and news sources see a clear effect from boycott, brand rot and Musk-dislike, too. Here are few examples:

https://www.businessinsider.de/wirtschaft/die-tesla-aktien-stuerzen-ab-musk-verliert-milliarden-das-sind-die-gruende/

German version

Das Nettovermögen von Elon Musk ist in diesem Jahr aufgrund des Einbruchs der Tesla-Aktie um 102 Milliarden Dollar (94 Milliarden Euro) gesunken.

Die Tesla-Aktie wurde durch Verkaufsrückgänge, politische Abneigung gegen Musk und Ablenkungsbedenken in Mitleidenschaft gezogen.

Elon Musk's net worth has dropped by $102 billion (94 billion euros) this year due to the collapse of Tesla's stock.

The Tesla stock has been affected by sales declines, political dislike of Musk, and distraction concerns.

https://www.20min.ch/story/aktie-absturz-elon-musk-verliert-ein-viertel-seines-vermoegens-103297016

German version

Die Tesla-Aktie hat in den letzten zweieinhalb Monaten viel an Wert verloren. Chef Elon Musk muss nun mit 128 Milliarden Dollar weniger auskommen.

Grund für die Nervosität an den Börsen in den letzten Wochen ist die Angst vor einem globalen Handelskrieg, nachdem US-Präsident Trump wiederholt mit Strafzöllen gegen China, Mexiko und Kanada gedroht hat – und diese zeitweise auch umgesetzt hat.

Tesla kämpft zudem mit schlechten Verkaufszahlen in Europa. Die Verkaufszahlen in Europa lagen laut den am Montag veröffentlichten Zahlen im Januar um 45 Prozent unter denen des Vorjahresmonats. Demnach wurden im vergangenen Monat nur etwa 10'000 Tesla-Fahrzeuge auf dem Kontinent verkauft.

The Tesla stock has lost a lot of value in the last two and a half months. CEO Elon Musk now has to make do with $128 billion less.

The reason for the nervousness in the stock markets in recent weeks is the fear of a global trade war after US President Trump repeatedly threatened and temporarily implemented punitive tariffs against China, Mexico, and Canada.

Tesla is also struggling with poor sales figures in Europe. According to the figures released on Monday, sales in Europe in January were 45 percent lower than in the same month last year. According to the report, only about 10,000 Tesla vehicles were sold on the continent last month.

Here also two recent news about how drastic the crash of Tesla sale and share is:

https://www.golem.de/news/elon-musk-tesla-absatz-bricht-noch-staerker-ein-2503-194030.html

German version

Die Absatzflaute von Tesla hat sich im Februar 2025 fortgesetzt. Nach Angaben des Kraftfahrt-Bundesamtes (KBA) sank die Zahl der Neuzulassungen des US-Elektroautoherstellers in Deutschland im Jahresvergleich um 76,3 Prozent.

Insgesamt legte der Verkauf von Elektroautos hingegen um 30,8 Prozent zu. Schon im Januar 2025 gingen die Zulassungszahlen von Tesla um 60 Prozent zurück.

Tesla's sales slump continued in February 2025. According to the Federal Motor Transport Authority (KBA), the number of new registrations of the US electric car manufacturer in Germany fell by 76.3 percent year-on-year.

Overall, however, electric car sales increased by 30.8 percent. As early as January 2025, Tesla's registration figures fell by 60 percent.

https://www.spiegel.de/auto/tesla-verkaufszahlen-brechen-auch-in-china-ein-a-05377530-b92e-4e89-a1c6-717aef239ec0

German version

In Europa und Nordamerika hat Tesla Probleme. Nun sind auch im wichtigsten Absatzmarkt China die Verkaufszahlen des E-Auto-Herstellers eingebrochen. Das US-Unternehmen verkaufte dort im Februar 30.688 Fahrzeuge – 49 Prozent weniger als im Februar 2024, wie der chinesische Branchenverband CPCA mitteilt.

Der Kursabsturz der Tesla-Aktie setzt sich fort. Der Kurswert sackte bis Dienstagabend um rund fünf Prozent ab. Seit Mitte Dezember hat Tesla mehr als ein Drittel seiner Marktkapitalisierung verloren.

Tesla is facing problems in Europe and North America. Now, sales figures for the e-car manufacturer have also plummeted in the most important market, China. The US company sold 30,688 vehicles there in February – 49 percent less than in February 2024, as the Chinese industry association CPCA reports.

The crash of Tesla's stock continues. The share price dropped by around five percent by Tuesday evening. Since mid-December, Tesla has lost more than a third of its market capitalization.

Keep up the boycott and protests, it is working. Make Musk poor!

[–] [email protected] 0 points 1 month ago (1 children)

By all means keep up the boycott, no one should be buying Tesla...

But we need to be realistic what caused the stock price to drop and what's effective. Tesla stock bisnt based on how much Tesla makes. It's based on what people will pay to buy it.

[–] [email protected] 6 points 1 month ago (1 children)

If the company starts losing money by over manufacturing for their demand, their stock will go down because people don't like buying stocks in dying companies.

It's a battle of inches. We have to take every step in order to impact it, not just ignore it and wait for it to go away

[–] [email protected] 3 points 1 month ago

their stock will go down because people don’t like buying stocks in dying companies.

Stock price is whatever people are willing to buy it for

Rational investors base that on stuff like you're talking about.

A lot of Tesla investors don't value the price of Tesla stock on company performance, they just like Musk and when price drops they buy more.

[–] [email protected] 13 points 1 month ago

Not to mention this just brings the stock price back to where it was more or less 6 months ago. And it was already considered highly overvalued back then, so it has plenty more room to drop to more reasonable levels. Not that the market cares much about reasonable.