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BumRushDaShow

(153,948 posts)
Mon Jun 2, 2025, 08:47 AM Monday

Tesla sales plunge 67% to an almost three-year low in France

Source: Yahoo! Finance/Bloomberg

Mon, June 2, 2025 at 6:15 AM EDT


(Bloomberg) — Tesla Inc.’s (TSLA) new-vehicle registrations fell further in France, undercutting Chief Executive Officer Elon Musk’s assertion last month that the carmaker has recovered from its early-year sales slump.

The automaker sold only 721 cars in May, down 67% from a year earlier, according to French industry association Plateforme Automobile.

Tesla’s registrations were the lowest since July 2022, despite the company rolling out a redesigned version of its most popular vehicle, the Model Y.

Tesla shares dropped as much as 2.3% before the start of regular trading Monday. The stock has declined 14% this year.

Read more: https://finance.yahoo.com/news/tesla-sales-plunge-67-almost-101533296.html

7 replies = new reply since forum marked as read
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Tesla sales plunge 67% to an almost three-year low in France (Original Post) BumRushDaShow Monday OP
Excellent people. Passages Monday #1
Protest works- keep it up! Blues Heron Monday #2
Who would have thought that one little Nazi salute ... 70sEraVet Monday #3
Tant pis pour Tesla et Musk . . . . no_hypocrisy Monday #4
Enjoy musk rat. republianmushroom Monday #5
Liberty, egality, fraternity! Torchlight Monday #6
I have no doubt that despite being down today the moniss Monday #7

70sEraVet

(4,568 posts)
3. Who would have thought that one little Nazi salute ...
Mon Jun 2, 2025, 09:03 AM
Monday

would turn off so many car buyers in FRANCE??

Torchlight

(4,726 posts)
6. Liberty, egality, fraternity!
Mon Jun 2, 2025, 12:06 PM
Monday

Even in the U.S., Tesla deliveries are down almost 9% compared to Q1 2024. That’s despite EV sales in the U.S. being up 10% overall in the first quarter.

I think Musk finally learned the basic and fundamental lesson that if you directly connect yourself to your brand, your actions and behavior will affect sales, for good or for bad.

moniss

(7,408 posts)
7. I have no doubt that despite being down today the
Mon Jun 2, 2025, 01:45 PM
Monday

stock price will be manipulated in coordinated buying and pumped back up. Lather, rinse, repeat ad infinitum.

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