this post was submitted on 26 Feb 2025
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Summary

Tesla’s European sales plunged 45% in January, while the EV market grew 37%, with rivals like Volkswagen and Renault gaining ground.

Production changes for the Model Y is claimed to contribute to lower sales, but Elon Musk’s political controversies also sparked backlash.

Musk’s support for far-right parties and attacks on European leaders have made him unpopular, as polls show negative perceptions in Germany and the UK.

Tesla’s struggles come as European automakers face stricter emissions targets, increasing competition in the region’s growing EV market.

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[–] [email protected] 6 points 1 day ago* (last edited 1 day ago) (2 children)

Last 5 years +4.92%

Last 1 year +7.09%

Last 6 months +7.09%

Last 1 month +7.09% (no I'm not mixing up numbers these are actual numbers, its the same number thrice)

Last 5d +6.46%

Last 1d +0.93%

Looking good, seems like you chose an unfortunate moment to invest.

Edit: +21.97% in 2025 so far. Probably correlates with declining Tesla sales?

[–] [email protected] 1 points 1 day ago (1 children)

Which Volkswagen stock are you looking at, there are several.

[–] [email protected] 1 points 1 day ago (1 children)
[–] [email protected] 1 points 1 day ago

I dont have that one.

[–] Tja 1 points 1 day ago (1 children)

Looking good? A boring etf givens you around 7% per year, getting 5% (total) over 5 years is pretty bad...

[–] [email protected] 1 points 1 day ago (1 children)

Looking good as in they're doing fine

[–] Tja 2 points 1 day ago

Underperforming the market by 30% is not looking good, or doing fine.