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submitted 1 day ago* (last edited 1 day ago) by MicroWave@lemmy.world to c/world@lemmy.world

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.

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[-] Gerudo@lemm.ee 64 points 1 day ago

Is there a point where Tesla's board will oust him to save the brand?

[-] BassTurd@lemmy.world 79 points 1 day ago

I personally will never consider a product he's attached to.

[-] booganiganie@lemmy.world 17 points 16 hours ago* (last edited 16 hours ago)

I'd support him being attached to one of his rockets at launch

[-] Prior_Industry@lemmy.world 26 points 1 day ago

Nope. They are tied to the hip. From what I see the Board are just cashing out as it sinks.

[-] HipsterTenZero@dormi.zone 7 points 1 day ago

that would be really funny and i hope it happens

[-] bitchkat@lemmy.world 9 points 1 day ago

Who else is on the board besides him and his brother?

[-] NotMyOldRedditName@lemmy.world 13 points 1 day ago

Even his brother tried to get him to back down on all this craziness, but he didn't listen.

[-] Empricorn@feddit.nl 2 points 14 hours ago

I'm guessing he then shut up and accepted his riches? Lol just wait, people show you who they really are...

[-] NotMyOldRedditName@lemmy.world 4 points 14 hours ago* (last edited 14 hours ago)

Well, Elon blocked his own brother on Twitter after it, so something went down.

[-] Gerudo@lemm.ee 12 points 1 day ago* (last edited 1 day ago)

TBH I don't know. I assumed it was a normal board of directors that has a check and balance to the CEO. I should have known it wasn't.

Edit- Actually, there is a traditional board. My question still stands then. https://ir.tesla.com/corporate

[-] CandleTiger@programming.dev 3 points 18 hours ago

The state of Delaware ruled in a lawsuit that the Tesla board is under control of Musk and not really an independent board as it should be

[-] Gerudo@lemm.ee 4 points 16 hours ago

That's....odd. Why even have one then?

[-] lightsblinken@lemmy.world 3 points 12 hours ago

for appearances? so you can pass the buck somewhere? .... etc

this post was submitted on 21 Dec 2024
591 points (98.8% liked)

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