Tesla sales plunging worldwide amid Musk’s new role in Trump White House

2 years ago by MicroWave to c/politics

Stock price is down from December high

Summary

Tesla is facing a steep global sales decline, with drops of 63% in France, 59.5% in Germany, and 11.5% in China.

Analysts attribute this to growing competition, economic concerns, and backlash against Elon Musk’s support for Donald Trump.

Investors worry about potential tariffs from the Trump administration, which Tesla admits could impact its supply chain and profitability.

The company has not released a new model since late 2023, and Tesla stock has fallen from $480 in December to around $350. Some investors call this a "Trump-lash" against Musk and Tesla.

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mtoboggan 44 points 2 years ago

I‘d always planned on buying a Tesla one day. Musk is the main reason for me never to buy one. The lack of support for Apple Carplay is the second one.

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JudahBenHur 12 points 2 years ago

Top Two Reasons to Not Purchase a Tesla EV:

  1. Company run by man who recently openly did the ol' zieg heil and is helping a monster who led a violent insurrection perform a digital, soft coup from within the halls of power

  2. Won't work with my fucking iPhone, and buddy, I love this here iPhone

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AA5B 5 points 2 years ago

Won’t work with my fucking iPhone

Well …… it can use your iPhone (and Apple Watch) as a key, it can use your iPhone over Bluetooth, and it has an iPhone app that can do many things.

…. Just not CarPlay

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GladiusB 3 points 2 years ago
  1. 9 cameras you have to allow access or it's a brick
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