this post was submitted on 02 May 2025
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Autos trade group Mobility Sweden said new vehicle registrations of Tesla models were down 80.7% in April amid a backlash against the political activity of CEO Elon Musk.

Tesla registrations were 203 in April, down from 1,052 a year before.

It was one of the worst-performing automakers for the month in the Nordic country, and sat in contrast to an overall 11% rise in new passenger vehicle registrations to 24,292.

Polestar Automotive, a Swedish electric automaker and one of Tesla's competitors, saw its sales hit 535 in April, an 11.5% increase.

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[–] Yawweee877h444@lemmy.world 140 points 1 day ago (6 children)

Yet tesla stock goes up. LOL.

How the fuck is the stock rising?

Oh. Wall Street is a joke. I forgot.

[–] Sneptaur@pawb.social 76 points 1 day ago (7 children)

Tesla stock is up because the board has quietly indicated that they are searching for someone to replace Musk

[–] meeeeetch@lemmy.world 71 points 1 day ago (2 children)

Will removing him as CEO really matter? As long as he's as heavily invested in the company as he is, its gains are his gains.

[–] PotatoLibre@feddit.it 36 points 1 day ago (6 children)

I dubt they can save the company anymore.

[–] CileTheSane@lemmy.ca 13 points 1 day ago

Maybe if they pull a Boeing and ~~assassinate~~ the guy bringing their stock down commits suicide...

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[–] lemmy_outta_here@lemmy.world 44 points 1 day ago (2 children)

At this point, my grudge is with the entire board and any investors who didn’t sell their shares when they were over $400 and the CEO was tweeting hate speech and throwing Nazi salutes. Elon can walk away or stay, I don’t care. If you hold Tesla stock, you are either a Nazi or ok with Nazis. I will never pass a Tesla without spitting on it.

[–] My_IFAKs___gone@lemmy.world 16 points 1 day ago

I went so far as to trade my S&P500-flavored index funds for large cap value-flavored ones so I could avoid holding TSLA even by association. It's so stupid how that moist waste of carbon-based material turned something as silly as an electric car brand into a political totem of autocracy.

[–] Sneptaur@pawb.social 10 points 1 day ago (1 children)

Yeah I would never ever buy one, especially when there are better options anyway like Polestar and Rivian

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[–] TheFriar@lemm.ee 40 points 1 day ago* (last edited 1 day ago) (1 children)

“Quietly indicated.” They intentionally leaked that story to bring up the stock price.

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[–] Carmakazi@lemmy.world 17 points 1 day ago (3 children)

It's still the most overvalued stock on the US ticker and it's not even close.

Even in the most charitable reading of the future, Tesla chooses a responsible leader, successfully course-corrects, and becomes "just a car company." The techbro futurist hype goes away, and the value tanks back to reality.

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[–] pupbiru@aussie.zone 6 points 1 day ago

hey if they leaked it to see the reaction and it was good, perhaps that’ll seal the deal that they dump musk

… then we continue not to support tesla for all the same reasons because simply kicking him to the curb doesn’t solve any of those issues but now he’s also been fired

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[–] Quill7513@slrpnk.net 44 points 1 day ago

the entire stock market is a made up imaginary scam that all of our companies have forced us to care about by eliminating pension funds as a retirement avenue. i mean. the entire monetary system, but the stock market especially

[–] BombOmOm@lemmy.world 8 points 1 day ago (1 children)

Yet tesla stock goes up. LOL.

How the fuck is the stock rising?

It's down quite a bit this year:

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[–] Buffalox@lemmy.world 9 points 1 day ago* (last edited 1 day ago)

It’s down quite a bit this year:

Yes and that seems to be mostly from the inauguration, Nazi salute and DOGE, january through March.
But if you look from when the tariffs were announced in the start of April, and most of American stock is down in that period. Then Tesla has done pretty well in April compared to most, despite being a company that will be hit hard by the tariffs.

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[–] TrendigOsthyvel@lemmy.world 67 points 1 day ago (1 children)

Fucking about with the workers union also adds to the lack of trust and desire for the brand.

[–] chaosCruiser@futurology.today 34 points 1 day ago (3 children)

Yeah, I think the union thing and the latest nazi salute form exactly the kind of combination Sweden won’t forgive easily. Tesla’s reputation is completely gone.

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[–] aramova@infosec.pub 60 points 1 day ago (1 children)
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[–] InvertedParallax@lemm.ee 50 points 1 day ago (3 children)

Best fucking country, so proud.

[–] Buffalox@lemmy.world 26 points 1 day ago (5 children)

As a Scandinavian I too am proud of my brother Sweden. 👍😀
But you have to take it back about being "best", when you obviously are only 2nd best! 🇩🇰

[–] lepinkainen@lemmy.world 17 points 1 day ago (1 children)

More like in the top 5 🇫🇮

[–] InvertedParallax@lemm.ee 16 points 1 day ago

Ok, thanks, we all needed a laugh :)

But seriously, don't ever change a thing about yourself, you're too valuable as Russia's speedbump.

[–] InvertedParallax@lemm.ee 12 points 1 day ago

Fuck, didn't think you guys were around...

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[–] Grizzlyboy@lemm.ee 50 points 1 day ago (2 children)

The story of Elon will be a phenomenal one. Icarus af. He could have ended world hunger and much more, but decided to become a nazi cunt and ruin everything. Money can't buy intelligence.

[–] madcaesar@lemmy.world 39 points 1 day ago (8 children)

To become a billionaire you have to be a piece of shit human being. No billionaire is ever going to solve world anything, because again... They are trash human beings.

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[–] MyOpinion@lemm.ee 41 points 1 day ago (1 children)
[–] henfredemars@infosec.pub 22 points 1 day ago

I hunger to see Tesla turn into a penny stock.

[–] lickmygiggle@lemmy.world 38 points 1 day ago (3 children)

I have literally since they were released wanted a Tesla…right up until he decided to start this right wing bullshit.

I have for a few years now said if in 2015 he decided to become a recluse and just revel in his companies grandeur he might be the next Edison or maybe more accurately Ford. Possibly Hughes.

Now we are aware of how much of a petulant, unfunny child this dickhead is. He and his reputation is ruined.

[–] dubyakay@lemmy.ca 17 points 1 day ago (1 children)
[–] kevin2107@lemmy.world 12 points 1 day ago

while he was alive this was less known, pretty much his point. 🤡

[–] AntelopeRoom@lemm.ee 8 points 1 day ago

I was going to buy a Tesla in 2021, the only reason I didn't was I needed a car immediately and they had a several month waiting list. If it had been available, I would've taken it. Even test drove one. Now, I will never buy a Tesla. I would rather have a Rivian anyway.

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[–] Formfiller@lemmy.world 28 points 20 hours ago* (last edited 20 hours ago) (3 children)

I hope this evil apartheid Nazi welfare queen gets a lube free dildo of karma everyday for the rest of his life

[–] drhodl@lemmy.world 9 points 16 hours ago (3 children)

If by "dildo" you mean "cactus", then I am 100% with you!

[–] neidu3@sh.itjust.works 8 points 15 hours ago (1 children)

Everything's a dildo if you're not a coward.

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[–] FantasmaNaCasca@slrpnk.net 6 points 10 hours ago

"The dildo of consequences rarely arrives lubed."

  • Robert Oppenheimer, 1945.

Or something like that.

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[–] Emil_Zatopek1982@lemmy.world 24 points 1 day ago

Still too many sales.

[–] Rhaedas@fedia.io 21 points 1 day ago

Tesla has and is doing exactly what Musk said the goal was for Tesla, long ago. To spur EV sales for other competitors, since Tesla could never meet a full market demand. Congrats Elon, you not only did that, you've backed away to give everyone a bigger share of the market. You genius.

Oh, what? You didn't mean to do this? Are those tears? Be a big boy and suck it up.

[–] Liberteez@lemm.ee 18 points 1 day ago

I take comfort in knowing that their sales were already bad before all of this

[–] drmoose@lemmy.world 13 points 15 hours ago (2 children)

Yet the stock has jumped like 50% while every single indicator is red.

[–] GaMEChld@lemmy.world 12 points 12 hours ago

I can't believe it will last. Bubble has to pop. International sales in the toilet, Cybertruck failing, domestic sales down, supply chains in shock from tariff chaos, and on top of it all, it's PE ratio makes no sense compared to all other manufacturers.

The entire stock price is based on nothing but Elon Musk and the world is starting to look at him as an idiot.

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[–] Sam_Bass@lemmy.world 12 points 1 day ago

Even if the company cans him its not likely to ever recover from all this

[–] lemmie689@lemmy.sdf.org 10 points 1 day ago (1 children)
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[–] MehBlah@lemmy.world 9 points 1 day ago
[–] FelixCress@lemmy.world 8 points 1 day ago
[–] cabron_offsets@lemmy.world 6 points 1 day ago

Not enough.

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