this post was submitted on 27 Nov 2025
204 points (99.5% liked)

Buy European

7774 readers
382 users here now

Overview:

The community to discuss buying European goods and services.

Matrix Chat of this community

Rules:

  • Be kind to each other, and argue in good faith. No direct insults nor disrespectful and condescending comments.

  • Do not use this community to promote Nationalism/Euronationalism. This community is for discussing European products/services and news related to that. For other topics the following might be of interest:

  • Include a disclaimer at the bottom of the post if you're affiliated with the recommendation.

  • No russian suggestions.

Feddit.uk's instance rules apply:

  • No racism, sexism, homophobia, transphobia or xenophobia.
  • No incitement of violence or promotion of violent ideologies.
  • No harassment, dogpiling or doxxing of other users.
  • Do not share intentionally false or misleading information.
  • Do not spam or abuse network features.
  • Alt accounts are permitted, but all accounts must list each other in their bios.
  • No generative AI content.

Useful Websites

Benefits of Buying Local:

local investment, job creation, innovation, increased competition, more redundancy.

European Instances

Lemmy:

Friendica:

Matrix:

Related Communities:

Buy Local:

Continents:

European:

Buying and Selling:

Boycott:

Countries:

Companies:

Stop Publisher Kill Switch in Games Practice:

Banner credits: BYTEAlliance

founded 11 months ago
MODERATORS
maam@feddit.uk
alex@jlai.lu
circledot@feddit.org
Argyle13@lemmy.world
buyeuropean@lemmy.ca
buyeuropean@feddit.org
Lazycog@sopuli.xyz
meldrik@lemmy.wtf
Sunshine@piefed.ca
Kjell@lemmy.world
204
Tesla's European sales tumble nearly 50% in October (finance.yahoo.com)
submitted 3 weeks ago* (last edited 3 weeks ago) by ooli3@sopuli.xyz to c/buyeuropean@feddit.uk
27 comments fedilink hide all child comments
 

Tesla's (TSLA) Europe woes are only getting worse.

According to the European Automobile Manufacturers' Association (ACEA), 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%. NasdaqGS - Nasdaq Real Time Price โ€ข USD Tesla, Inc. (TSLA) 426.58 +7.18 +(1.71%) At close: November 26 at 4:00:00 PM EST 426.57 -0.01 (-0.00%) After hours: 7:59:59 PM EST Date Close Open High Low

Tesla's sales hangover rolled on in certain key European territories, with the introduction of the revamped Model Y not enough to blunt the effect of rising competition and CEO Elon Musk's deep unpopularity.

October's sales slide follows a rough 2025 for Tesla year to date in broader Europe.

In the first 10 months of the year, Tesla sales dropped 29.6% to 180,688 units, per the ACEA. Conversely, Tesla's overall market share in Europe dropped to 1.6% from 2.4% a year ago.

Meanwhile, Tesla's Chinese competitor BYD (BYDDY), which sells a mix of pure EVs and hybrids, reported sales jumping 207% to 17,470 units sold in Europe. Another major China rival, SAIC, saw sales climb 46% to just under 24,000 vehicles sold.

While weakening sales in a key, EV-centric region should be a concern, it hasn't been a significant issue for Tesla stock.

On Monday, Tesla shares surged nearly 7% after Melius Research tabbed the EV maker a "must own" due to its autonomy efforts and as CEO Elon Musk talked up its chipmaking progress.

Read more: How to avoid the sticker shock on Tesla car insurance The editorial image shows the interior of the new Tesla Model 3 with Full Self-Driving activated. The photograph highlights the advanced autonomous driving system and the innovative design of Tesla's electric vehicles, representing the future of mobility and sustainable transport in Bari, Italy, on September 6, 2025. (Photo by Matteo Della Torre/NurPhoto via Getty Images) The interior of the new Tesla Model 3 with Full Self-Driving activated, highlighting the advanced autonomous driving system and design of Tesla's electric vehicles, in Bari, Italy, on Sept. 6, 2025. (Matteo Della Torre/NurPhoto via Getty Images) ยท NurPhoto via Getty Images

"One of the reasons we called Tesla a 'must own' in our recent launch โ€” despite all the obvious risks โ€” is that the world is about to change, dramatically," analyst Rob Wertheimer wrote. "Autonomy is coming very soon, and it will change everything about the driving ecosystem.โ€

The main spark appears to be the latest version of Tesla's full self-driving (FSD) software, which is available in the US and select territories.

While investors own Tesla stock mostly for the AI and autonomous potential, there could be good news from the self-driving front for European buyers.

The Netherlands RDW automotive governing body said it has set up a schedule allowing Tesla to demonstrate in February whether FSD meets requirements but has not approved it yet.

Getting at least one automotive regulator in Europe to approve FSD would be a huge step in the right direction for Tesla and may help staunch the sales slide in the region.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] DarrinBrunner@lemmy.world 7 points 3 weeks ago (1 children)

Doesn't matter, Musk is getting his trillion anyway. Because, that makes sense.

[โ€“] 46_and_2@lemmy.world 1 points 3 weeks ago* (last edited 3 weeks ago)

Actually, the way I understand it, he won't be getting it if things continue to go south for Tesla.

Goals for Musk over the next decade include the company's delivering 20 million vehicles, having 1 million robotaxis in operation, selling 1 million robots and earning as much as $400 billion in core profit. But in order for him to get paid, Tesla's stock value has to rise in tandem, first to $2 trillion from the current $1.5 trillion, and all the way to $8.5 trillion.

Achieving each step - an operational goal and a valuation milestone - awards Musk 1% of stock. So the plan could still hand Musk tens of billions of dollars even if he falls short of most of its ambitious targets.

If Musk hits all of them, he would be eligible for 12% in stock, or about $1 trillion.

https://www.reuters.com/legal/transactional/tesla-shareholders-approve-878-billion-pay-plan-elon-musk-2025-11-06/

It's not a completely dumb plan by the investors to keep him focused on the company, but certainly is bonkers renumeration and wild direction.

Personally, I think their investments will be safer with him waaay away from Tesla, rather than concocting hail-mary schemes to drive an already severely inflated stock to even more inflated valuations.

But hey, I don't invest in shares, so what do I know, and what do I care about theze bozos.