Summary
Tesla’s European market share is declining sharply, with EU registrations dropping 40.9% in November 2024 compared to last year, and year-to-date registrations down 15.2%.
Including the UK and EFTA, Tesla’s registrations fell 13.7% this year.
The drop stems from reduced government EV incentives and growing dissatisfaction with CEO Elon Musk.
Despite Tesla’s decline, overall EV registrations in Europe have remained stable as competing automakers gain ground. Tesla remains the largest EV producer in Europe but faces growing pressure from rivals capitalizing on its waning dominance.
Good and I did not consider a Tesla when purchasing our first EV. We will continue to shop from the Tesla’s competition until “Leon” rockets off to Mars.
the biggest player in the electric vehicle game is having a rough year.
You couldn’t tell by looking at the stock price.
because tesla is basically just a pump and dump now considering the board are just musk stooges who greenlight anything he asks and investors are just musk cultists.
I would characterize Tesla stock not as a pump & dump scheme anymore, but as a bet on Musk’s position to extract concessions from his political connections. He has got his way already with Trump planning to end EV subsidies that mostly benefited Tesla’s competitors (although Trump may have intended to do so anyway) and he might yet push against regulation that would threaten Tesla’s market position in the US, like federal charging standards. He may also get Trump to impose harsher tariffs on Chinese electrical vehicles than he otherwise would, although such tariffs enjoy bipartisan support.
Were stooges stooges before the Three Stooges? Or was it the Stooges that defined stooges as stooges?
Whoa. So, I was bored and looked into the etymology of this, and it’s way harder to answer than I’d have thought.
The etymology of the word “stooge” is unknown, but it was first used in 1913 as a noun. The earliest known use of the verb “stooge” was in 1939, in the writing of detective novelist Raymond Chandler.
In its first known use in 1913, the word was defined as “stage assistant, actor who assists a comedian.” So, while it looks like it predates the Stooges by a decade, they really redefined the word as we know it now.
overall EV registrations in Europe have remained stable as competing automakers gain ground.
Which competing car manufacturers are they so I can invest?
🤷 for some reason hybrids did really well in Europe this year. Probably because some countries have really shit charging infrastructure but people still want to emit less carbon.
The hybrids are bad though unless you live in a house and charge them at home. They don’t have the hundreds of kW charging potential and if you charge them at work you often have to go move them during the day because you aren’t allowed to leave them in the spot with the charger all day. Contrast this with an all electric vehicle that you can charge 200 km in five minutes at a gas tank.
As much as I’d like to, I don’t try starlink for the exact same reason. (Although Starlink has other reasons why I’m not going to give them any money)
I had to use it for in flight wifi on Hawaiian. I needed to work, and that’s the only wifi on Hawaiian. It worked fine, but I was annoyed that indirectly I was helping Musk. I would have happily paid 8 bucks even for worse internet. Thankfully I didn’t have to give them any information to use it.
