Europeans still aren’t buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now.

Tesla sales fell 28% last month in 30 European countries even as the overall market for electric vehicles expanded sharply, according to the European Automobile Manufacturers’ Association. The poor showing comes after Tesla’s billionaire CEO had promised a “major rebound” was coming last month, adding to a recent buying frenzy among investors.

They were selling on Wednesday, pushing the prices down more than 4% in early afternoon trading.

  • Paddzr@lemmy.world
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    20 hours ago

    A lot of smart features are not even being dreamed of by other companies… Hell, the most you might get is scanning your phone to just open the car, but not drive.

    Tesla is technologically 2 generations ahead. But no one here will admit it. But do go to a dealer and ask how they compare, they at least will be honest. The most honest was Porche in my experience and surprisingly, BYD was good at listing all the things not in their car (with million excuses how it’s okay and I’ll get used to it).

    The worst? Ford. MG also tried to make shit up how it might be added in software! Bitch please, you haven’t got over the air updates working.