this post was submitted on 06 Feb 2025
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Summary

Tesla's sales in Europe and the UK are plummeting, despite overall EV growth in the region.

In January 2025, Tesla sales fell 63% in France, 59% in Germany, and 12% in the UK, where overall EV sales rose 35%.

Sweden, Norway, and the Netherlands also saw major declines. Analysts cite Tesla's aging lineup and CEO Elon Musk's far-right political statements as key factors.

The Cybertruck's European road restrictions further limit appeal.

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[–] ryrybang@lemmy.world 8 points 8 hours ago* (last edited 7 hours ago)

Market cap of $1.2 trillion. That's 3 Boeing's.

Plus 3 McDonalds.

Plus 3 General Motors.

With room to spare.

If anybody still owns this ~~garage~~ garbage meme stock, get out now while you can. Sell before your friends do.