A survey of over 100,000 Germans revealed that 94% won’t buy a Tesla vehicle. It doesn’t bode well for the automaker, whose sales had already been falling off a cliff in the important European market.
In 2024, Tesla saw a 41% reduction in sales in Germany compared to 2023 despite EV sales surging 27% during the year.
This has already raised red flags about Tesla’s future in Germany, but it is nothing compared to Tesla’s performance so far in 2025.
Tesla’s sales were down 70% in the first two months of 2025, and again, that’s compared to its already poor performance in 2024.
Done for now, Musk only owns 12.8% of Tesla - it’s only a matter of time until the institutional shareholders kick him to the kerb.
The controlling board for Tesla is all family and friends of Musk.
Musk could have 0 shares in Tesla. The whole marketing of his companies revolved around him. Its even worse than Apple and Steve Jobs. People will think Tesla = Musk until Musk is dead.
Unless they do a huge PR stunt, maybe even a rebranding.
If they actually call Elon out for being a nazi and shout from the rooftops about him owning 0 shares then I’ll consider not laughing at swastikars in public
This. It’s the only way I’d even -think- about the company with any degree of respect. Until the billionaire is stripped of his toys they’re part of the problem.
Their CEO may be considering TeSSla as a new brand.
No Tesla is finished at a minimum to a degree where they will end up as a niche car maker at best.
This would have happened even without Musk being unpopular, because the truth is Tesla doesn’t make very good cars, and their development cycle sucks hard. 5 years to develop a new model, where others typically use 3, and China only 1-2 years. The competition is already overtaking Tesla. Musk just made sales drop faster.
Tesla has lost about 50% of their sales globally YoY as of February. That alone is a cause for near certain bankruptcy.
Other car makers like for instance Nissan are claimed to be in trouble for losing just 5% sales!!
It doesn’t help that Tesla are also screwing over the people who buy them. I have heard so many horror stories of what happens when something in your Tesla breaks. Most of it sounds like purchasing a Tesla doesn’t mean that Tesla thinks you actually own that car. Lookup “Tesla right to repair” for just a taste of the mess.