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

Autos trade group Mobility Sweden said new vehicle registrations of Tesla models were down 80.7% in April amid a backlash against the political activity of CEO Elon Musk.

Tesla registrations were 203 in April, down from 1,052 a year before.

It was one of the worst-performing automakers for the month in the Nordic country, and sat in contrast to an overall 11% rise in new passenger vehicle registrations to 24,292.

Polestar Automotive, a Swedish electric automaker and one of Tesla's competitors, saw its sales hit 535 in April, an 11.5% increase.

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[-] Yawweee877h444@lemmy.world 122 points 1 week ago

Yet tesla stock goes up. LOL.

How the fuck is the stock rising?

Oh. Wall Street is a joke. I forgot.

[-] Sneptaur@pawb.social 65 points 1 week ago

Tesla stock is up because the board has quietly indicated that they are searching for someone to replace Musk

[-] meeeeetch@lemmy.world 58 points 1 week ago

Will removing him as CEO really matter? As long as he's as heavily invested in the company as he is, its gains are his gains.

[-] PotatoLibre@feddit.it 28 points 1 week ago

I dubt they can save the company anymore.

[-] CileTheSane@lemmy.ca 7 points 1 week ago

Maybe if they pull a Boeing and ~~assassinate~~ the guy bringing their stock down commits suicide...

[-] Buffalox@lemmy.world 3 points 1 week ago

Musk loves the letter X, maybe they will make XXX robo cars?

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[-] Sneptaur@pawb.social 4 points 1 week ago

It matters in the court of public opinion. Most consumers don't understand anything about corporate politics. CEOs are often just fall guys for evil companies.

[-] lemmy_outta_here@lemmy.world 41 points 1 week ago

At this point, my grudge is with the entire board and any investors who didn’t sell their shares when they were over $400 and the CEO was tweeting hate speech and throwing Nazi salutes. Elon can walk away or stay, I don’t care. If you hold Tesla stock, you are either a Nazi or ok with Nazis. I will never pass a Tesla without spitting on it.

[-] My_IFAKs___gone@lemmy.world 15 points 1 week ago

I went so far as to trade my S&P500-flavored index funds for large cap value-flavored ones so I could avoid holding TSLA even by association. It's so stupid how that moist waste of carbon-based material turned something as silly as an electric car brand into a political totem of autocracy.

[-] Sneptaur@pawb.social 9 points 1 week ago

Yeah I would never ever buy one, especially when there are better options anyway like Polestar and Rivian

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[-] TheFriar@lemm.ee 35 points 1 week ago* (last edited 1 week ago)

“Quietly indicated.” They intentionally leaked that story to bring up the stock price.

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[-] Carmakazi@lemmy.world 13 points 1 week ago

It's still the most overvalued stock on the US ticker and it's not even close.

Even in the most charitable reading of the future, Tesla chooses a responsible leader, successfully course-corrects, and becomes "just a car company." The techbro futurist hype goes away, and the value tanks back to reality.

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[-] Quill7513@slrpnk.net 40 points 1 week ago

the entire stock market is a made up imaginary scam that all of our companies have forced us to care about by eliminating pension funds as a retirement avenue. i mean. the entire monetary system, but the stock market especially

[-] BombOmOm@lemmy.world 7 points 1 week ago

Yet tesla stock goes up. LOL.

How the fuck is the stock rising?

It's down quite a bit this year:

[-] Buffalox@lemmy.world 8 points 1 week ago* (last edited 1 week ago)

It’s down quite a bit this year:

Yes and that seems to be mostly from the inauguration, Nazi salute and DOGE, january through March.
But if you look from when the tariffs were announced in the start of April, and most of American stock is down in that period. Then Tesla has done pretty well in April compared to most, despite being a company that will be hit hard by the tariffs.

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[-] TrendigOsthyvel@lemmy.world 59 points 1 week ago

Fucking about with the workers union also adds to the lack of trust and desire for the brand.

[-] chaosCruiser@futurology.today 28 points 1 week ago

Yeah, I think the union thing and the latest nazi salute form exactly the kind of combination Sweden won’t forgive easily. Tesla’s reputation is completely gone.

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[-] aramova@infosec.pub 49 points 1 week ago

80% isn't enough.

[-] InvertedParallax@lemm.ee 45 points 1 week ago

Best fucking country, so proud.

[-] Buffalox@lemmy.world 20 points 1 week ago

As a Scandinavian I too am proud of my brother Sweden. 👍😀
But you have to take it back about being "best", when you obviously are only 2nd best! 🇩🇰

[-] lepinkainen@lemmy.world 9 points 1 week ago

More like in the top 5 🇫🇮

[-] InvertedParallax@lemm.ee 8 points 1 week ago

Ok, thanks, we all needed a laugh :)

But seriously, don't ever change a thing about yourself, you're too valuable as Russia's speedbump.

[-] InvertedParallax@lemm.ee 5 points 1 week ago

Fuck, didn't think you guys were around...

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[-] MyOpinion@lemm.ee 42 points 1 week ago
[-] henfredemars@infosec.pub 19 points 1 week ago

I hunger to see Tesla turn into a penny stock.

[-] Grizzlyboy@lemm.ee 26 points 1 week ago

The story of Elon will be a phenomenal one. Icarus af. He could have ended world hunger and much more, but decided to become a nazi cunt and ruin everything. Money can't buy intelligence.

[-] madcaesar@lemmy.world 20 points 1 week ago

To become a billionaire you have to be a piece of shit human being. No billionaire is ever going to solve world anything, because again... They are trash human beings.

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[-] Emil_Zatopek1982@lemmy.world 25 points 1 week ago

Still too many sales.

[-] lickmygiggle@lemmy.world 24 points 1 week ago

I have literally since they were released wanted a Tesla…right up until he decided to start this right wing bullshit.

I have for a few years now said if in 2015 he decided to become a recluse and just revel in his companies grandeur he might be the next Edison or maybe more accurately Ford. Possibly Hughes.

Now we are aware of how much of a petulant, unfunny child this dickhead is. He and his reputation is ruined.

[-] dubyakay@lemmy.ca 9 points 1 week ago
[-] kevin2107@lemmy.world 4 points 1 week ago

while he was alive this was less known, pretty much his point. 🤡

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[-] Rhaedas@fedia.io 21 points 1 week ago

Tesla has and is doing exactly what Musk said the goal was for Tesla, long ago. To spur EV sales for other competitors, since Tesla could never meet a full market demand. Congrats Elon, you not only did that, you've backed away to give everyone a bigger share of the market. You genius.

Oh, what? You didn't mean to do this? Are those tears? Be a big boy and suck it up.

[-] Liberteez@lemm.ee 15 points 1 week ago

I take comfort in knowing that their sales were already bad before all of this

[-] lemmie689@lemmy.sdf.org 9 points 1 week ago
[-] PancakesCantKillMe@lemmy.world 3 points 1 week ago

OMG. A Welcome Back, Kotter reference! Nice.

[-] FelixCress@lemmy.world 9 points 1 week ago
[-] Sam_Bass@lemmy.world 8 points 1 week ago

Even if the company cans him its not likely to ever recover from all this

[-] MehBlah@lemmy.world 8 points 1 week ago
[-] butsbutts@lemmy.ml 8 points 1 week ago

i was looking at BYD EVs this week, they seem alright? even tho they are mega tariffed

[-] ShooK@lemm.ee 4 points 1 week ago* (last edited 1 week ago)

My biggest issue with BYD would be maintenance in my location. I got dealers for American, Japanese, but nothing for anything Chinese. My normal independent shop I use doesn't want to touch our hybrid either.

[-] kikutwo@lemmy.world 6 points 1 week ago

"You love to see it" is an expression of satisfaction, amusement, or even mild glee when something good or desirable happens, particularly when it involves someone getting what they deserve or a situation turning out favorably. It often implies a sense of vindication or a feeling of relief that a situation has reached a positive resolution.

[-] cabron_offsets@lemmy.world 5 points 1 week ago

Not enough.

[-] maki@lemm.ee 4 points 1 week ago

Way to go! 💪🏼

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this post was submitted on 02 May 2025
689 points (99.4% liked)

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