Elon Musk's European crisis deepens--initial April sales numbers prove devastating for Tesla

[Yo_Mama_Been_Loggin]

Europe, the world’s second largest market for electric vehicles after China, appears to be closed for business to Elon Musk’s Tesla.

The beleaguered CEO may regret returning to the automaker’s headquarters in Austin this month, as the first batch of national markets published car sales figures that show the brand remains in freefall on the continent.

Whether it’s France or Sweden, the Netherlands or Switzerland, registrations of new Tesla vehicles—which lag retail sales slightly—continued to plummet at high double-digit rates. Now their sales numbers are dwindling so much they risk becoming meaningless compared to the United States or China.

Tesla investors have been hoping its historically weak first quarter was an anomaly due to a changeover from the older version of the Model Y on sale in Europe since late 2021 to the newer one complete with some fresher styling to the front and rear.

https://www.msn.com/en-us/money/companies/elon-musk-s-european-crisis-deepens-initial-april-sales-numbers-prove-devastating-for-tesla/ar-AA1E5xcw

[Blue Owl]

1. Raise you hand if you'd love to see Musk broke and penniless

I know I would…..

[ProfessorGAC]

4. A Nice Wish, But...

...unlikely to come true.
On paper, he's worth $386 billion. His shares of Tesla are worth under $120 billion. So, even if TSLA tanks, he's still obscenely rich.
And, some of that almost $270 billion might actually have earnings paid.
An unfortunate truth.

[Polly Hennessey]

2. 🙋‍♀️

[Blues Heron]

3. Keep beleaguering him it's working! Let's do the stock price limbo baby!

How low can it go!

[Hassin Bin Sober]

5. .

[SleeplessinSoCal]

6. He needs to have his Space X contracts stripped.

He can afford it.

He's ripping us off.