Tuesday, February 25, 2025

Tesla Is Getting Absolutely Destroyed in Europe

 hey Elon, the curse goes on and on, unlike you. Your P/E  ratio is 160 to 1. A healthy, thriving company is about 20-1. That means the only reason you have a company or  stock at all, since the curse, is because your Jewbie bankers and governments are  backstopping the millions in cash you bleed out every day.

Gotta keep up appearances.

  • Dealerships worldwide  being fire bombed.
  • Anti Elon stickers showing up everywhere.
  • People dumping teslas left and right
  • Your big giga site burned for 7 days and nights in Moss Point, scorching the very earth itself. 
  • Every tesla fan boy has mostly turned against you. Except for retards, no one wants your virtue signaling death box. They know, Elon, they KNOW.

And all this has been happening BEFORE the whole DOGE hoax scam of the last month.

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Elon Musk may be "saving" money for the federal government, however questionably — but it'll take a minor miracle for him to salvage his automaker's situation across the pond.

According to the latest data from the European Automobile Manufacturers' Association (ACEA), sales of new Tesla cars in the continent have plummeted to just 9,945 vehicles in January, down from 18,161 in the same period last year, per the Guardian. That's a whopping 45 percent decrease.

As sales collapse, the automaker's usually stellar stock position has also taken a ding, despite soaring to an all-time high in the wake of Donald Trump's election victory. As of Tuesday morning, Tesla shares dropped by more than 8 percent, for a cumulative decline of 23 percent in the last month of trading.

While other major stocks are trending downwards, "Tesla shares are now by far the biggest decliner among the mega-cap technology stocks, weighing heavily on the group's overall performance," according to Bloomberg.

The uninspiring numbers almost certainly indicate that Musk's controversial role in the Trump administration, his dalliance with far-right forces at home and abroad, as well as his polarizing personal behavior — like his thinly-veiled Nazi salute — are all blowing back on his businesses

It also coincides with Musk wading deeper into European politics. In the past months, the world's richest man threw his support behind Germany's far-right AfD party — whom he told to get over their Nazi guilt — and incurred the ire of leaders such as UK Prime Minister Keir Starmer and French president Emmanuel Macron, who have accused Musk of spreading misinformation.

The public has also voiced their dissent. Tesla dealerships in Europe have been targeted with vandalism, ranging from being defaced by spray paint with anti-Nazi slogans to getting smashed up, such as the Tesla showroom in the Hague. Even Tesla owners, infamously immune to feelings of embarrassment, are expressing their buyer's regret with anti-Elon stickers.

What's really telling is that Tesla's poor showing comes during what is otherwise a promising period for electric cars, with the European market for new EVs growing by 34 percent in January to 124,341 units, despite overall new vehicle registrations declining by 3 percent, according to ACEA data cited by the Guardian. A rising tide, it seems, doesn't always lift all boats. 

https://www.yahoo.com/finance/news/tesla-getting-absolutely-destroyed-europe-180348086.html