[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only!
[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only!
I remember a few weeks ago Dutch pension funds sold all their Tesla stock because they felt it wasn't a safe investment anymore. The decision was laughed at on reddit because Tesla still went up a little bit after that, clearly it was a political choice and the uncertainty was just an excuse, surely the Dutch people would be annoyed that politics cost them big gains on their pensions, etc etc.
I feel vindicated. Let's see how low it can go!
Make musk a millionaire again :)
Down over 50% since the all-time-high in December 2024, post-Trump election.
So that’s definitely a win!
Still needs to drop ANOTHER 90% to get back down to pre-2020 levels though..🤞🏻
Does anyone know if the insurance for these cars have gone up yet? With them being more dangerous than a ford pinto and all the vandalism you would think the insurance companies would raise the rates.
It's up over $60 from where it was at this time last year, so there's still work to do on this clearly overinflated stock
Tesla has been over inflated for years now. At one point (for quite a long time) it was worth more than every other major auto maker combined despite having pitiful profits relative to Toyota or many of the other players.
220 right now
We aren’t stopping here😈
Hope this guy ends up piss-poor and very sad.
Next up: Elon sueing car drivers for not buying his swasticar just like he tried on twitter with advertisers.
He will just buy them himself, look at the sales numbers in Canada... 8,600 cars in 3 days! In Canada...
That particular situation looks like it may be due to how the process worked and government comments that the money would be running out earlier than planned.
Apparently dealers weren't required to submit at the time of sale, but on a monthly or quarterly basis instead, which is a very common timeline for businesses to handle things like that. But after the announcement of the program ending early, Tesla submitted everything they had pending immediately, which makes complete sense.
I have not done a lot of research on this particular topic, and the little I have done may not have been accurate sources, but that situation would line up without needing to grasp at any crazy theories.
I can see him actually doing this
That's a very low effort fraud, by the way
Suing people for not buying tesla stock and suing those who sell it.
Fucking fire Elon so Tesla can actually make good shit. Honestly man, Elon could've just stfu and collected money.
I have an alternative proposition:
As a society, we should all agree that car culture is not good. It is not good for the health of cities, not good for the envinronment, not good for anything really. Let's get as far away from cars as possible and start improving public transport and other ways of moving. One thing I would love to see is more shade in cities, from trees. Way way way more trees.
I assume you're talking about cities where it's baking sun and so too hot to walk. One problem. Trees don't like that either and so need artificial irrigation. Plus trees tend to do lots of damage to drains and sewers as their roots seek water. Generally trees and cities aren't a great mix except in certain areas (green spaces which are maintained).
Are you speaking as an American or a European? Because I generally think American cities are hostile to anything except cars (being built after cars) and European cities are hostile to cars (being built before cars).
Down with Tesla!!
More dramatic to say $320 billion in market cap has been destroyed.
No, rather $320 billion dollars in speculative value has simple been unrealised! 😉
Or that it's down 34% since the start of the year. At this rate the company will be bankrupt by the 3rd quarter.
Nikola spinning in his grave so hard, EVs can charge up there.
He charges Euro cars only
I feel bad for the engineers that work there. But I feel great that it's literally destroying musk net worth.
Crash, bitch, crash!
This has more to do with investors than boycotts...
Tesla stock price hasn't been based on company performance, like, ever.
I'd go as far to say even the reduced sales in Europe aren't due to anything Tesla is doing, it's because y'all are allowed to buy BYD, which is better quality than Tesla at less than half the price.
One does wonder what the board members are doing, other than sitting on their hands and watching their company being dragged through the mud.
Musk is surely in breach of contract with Tesla as CEO for his behaviour which has directly affected the brand's reputation. Time they gave him the boot.
Not to mention this just brings the stock price back to where it was more or less 6 months ago. And it was already considered highly overvalued back then, so it has plenty more room to drop to more reasonable levels. Not that the market cares much about reasonable.
You are right about other manufactors. But many analysts and news sources see a clear effect from boycott, brand rot and Musk-dislike, too. Here are few examples:
German version
Das Nettovermögen von Elon Musk ist in diesem Jahr aufgrund des Einbruchs der Tesla-Aktie um 102 Milliarden Dollar (94 Milliarden Euro) gesunken.
Die Tesla-Aktie wurde durch Verkaufsrückgänge, politische Abneigung gegen Musk und Ablenkungsbedenken in Mitleidenschaft gezogen.
Elon Musk's net worth has dropped by $102 billion (94 billion euros) this year due to the collapse of Tesla's stock.
The Tesla stock has been affected by sales declines, political dislike of Musk, and distraction concerns.
https://www.20min.ch/story/aktie-absturz-elon-musk-verliert-ein-viertel-seines-vermoegens-103297016
German version
Die Tesla-Aktie hat in den letzten zweieinhalb Monaten viel an Wert verloren. Chef Elon Musk muss nun mit 128 Milliarden Dollar weniger auskommen.
Grund für die Nervosität an den Börsen in den letzten Wochen ist die Angst vor einem globalen Handelskrieg, nachdem US-Präsident Trump wiederholt mit Strafzöllen gegen China, Mexiko und Kanada gedroht hat – und diese zeitweise auch umgesetzt hat.
Tesla kämpft zudem mit schlechten Verkaufszahlen in Europa. Die Verkaufszahlen in Europa lagen laut den am Montag veröffentlichten Zahlen im Januar um 45 Prozent unter denen des Vorjahresmonats. Demnach wurden im vergangenen Monat nur etwa 10'000 Tesla-Fahrzeuge auf dem Kontinent verkauft.
The Tesla stock has lost a lot of value in the last two and a half months. CEO Elon Musk now has to make do with $128 billion less.
The reason for the nervousness in the stock markets in recent weeks is the fear of a global trade war after US President Trump repeatedly threatened and temporarily implemented punitive tariffs against China, Mexico, and Canada.
Tesla is also struggling with poor sales figures in Europe. According to the figures released on Monday, sales in Europe in January were 45 percent lower than in the same month last year. According to the report, only about 10,000 Tesla vehicles were sold on the continent last month.
Here also two recent news about how drastic the crash of Tesla sale and share is:
https://www.golem.de/news/elon-musk-tesla-absatz-bricht-noch-staerker-ein-2503-194030.html
German version
Die Absatzflaute von Tesla hat sich im Februar 2025 fortgesetzt. Nach Angaben des Kraftfahrt-Bundesamtes (KBA) sank die Zahl der Neuzulassungen des US-Elektroautoherstellers in Deutschland im Jahresvergleich um 76,3 Prozent.
Insgesamt legte der Verkauf von Elektroautos hingegen um 30,8 Prozent zu. Schon im Januar 2025 gingen die Zulassungszahlen von Tesla um 60 Prozent zurück.
Tesla's sales slump continued in February 2025. According to the Federal Motor Transport Authority (KBA), the number of new registrations of the US electric car manufacturer in Germany fell by 76.3 percent year-on-year.
Overall, however, electric car sales increased by 30.8 percent. As early as January 2025, Tesla's registration figures fell by 60 percent.
German version
In Europa und Nordamerika hat Tesla Probleme. Nun sind auch im wichtigsten Absatzmarkt China die Verkaufszahlen des E-Auto-Herstellers eingebrochen. Das US-Unternehmen verkaufte dort im Februar 30.688 Fahrzeuge – 49 Prozent weniger als im Februar 2024, wie der chinesische Branchenverband CPCA mitteilt.
Der Kursabsturz der Tesla-Aktie setzt sich fort. Der Kurswert sackte bis Dienstagabend um rund fünf Prozent ab. Seit Mitte Dezember hat Tesla mehr als ein Drittel seiner Marktkapitalisierung verloren.
Tesla is facing problems in Europe and North America. Now, sales figures for the e-car manufacturer have also plummeted in the most important market, China. The US company sold 30,688 vehicles there in February – 49 percent less than in February 2024, as the Chinese industry association CPCA reports.
The crash of Tesla's stock continues. The share price dropped by around five percent by Tuesday evening. Since mid-December, Tesla has lost more than a third of its market capitalization.
Keep up the boycott and protests, it is working. Make Musk poor!
@marv99 @givesomefucks similarly it doesn't really explain the used Teslas flooding the market https://bmmagazine.co.uk/news/second-hand-teslas-flood-uk-market-as-elon-musks-politics-take-toll/
Under the top 10 EV-selling companies in 2024 in Europe was only one Chinese company (disguised as Volvo), and wasn't BYD. BYD is growing, but still very small. They have just a few dealers, and almost no garages.
https://www.elektroauto-news.net/news/europa-autojahr-2024-zahlen-grafiken
It's beautiful.
Taycan purchase continues to be vindicated
It seems it'll sink on to 252 the moment the markets open, if I understand Yahoo finance correctly.
I don't really understand what the pre-market value is, but it seems to mean the value keeps on fluctuating even after the markets close and no stocks formally trade hands. And it looks like Tesla is going to have yet another rough day.
I don't feel bad for any of the idiots losing their money on this. They all had plenty of time to get out - if they sold after the CEO made a nazi salute they would pretty much get out on top. Whoever is a shareholder deserves anything coming for them. (Sadly that includes myself, indirectly through the Norwegian sovereign wealth fund. Bummer. Oh well, I had it coming.)
Edit: Half an hour after the markets open the stock has dropped to ~241. Lol.
I also hold some Tesla because my retirement fund consists of multiple index funds, some of which hold Tesla.
I'm good with Tesla losing value though. It hurts Elon more than it hurts me.
Shorting Tesla stock sounds almost like a foolproof way to make money these days…
The risk is that a bunch of crazy trump supporters might try to GameStop it. Or that a Saudi prince or Russian oligarch will pump the stock as a way to curry favor with musk.
Bill Gates has been trying to short it for years and it's just kept going up. There's nothing rational about the market.
Sure, but entire fortunes were lost shorting Tesla in the past as well. It has been wildly overvalued for ages and it still is ridiculously overvalued, but I personally wouldn't bet on it.
I never recommend shorting
Yeah, put options are way less risky. At most you lose everything you invest so downside is limited. With shorting, downside isn't limited. Tesla could momentarily hit a grand the day you need to return your borrowed shares.
Oh wow
This only gets me downvotes, and I don’t make the rules, but I do enforce them:
$100.00
The unit symbol should follow the quantity, as this is how it’s generally read and spoken. Just because it’s tradition doesn’t mean we should keep doing it.
It signifies currency and that’s why we do it.
no one gives a shit
I always wondered about that. It seems sensible to have it at the end, so in my mind I can read 100€ as “hundred euros”. But $100, I can’t help but read it as “dollars hundred”. Feels wonky. Although I guess this is a quirk that comes from not having dollars and as such, that format, nor English as an official language, so natives probably don’t “read” it in their minds like that?
*$100. This is how it is done.
Thanks for reposting my post!😄