this post was submitted on 02 May 2025
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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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[–] Grizzlyboy@lemm.ee 1 points 1 year ago (10 children)

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.

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[–] Yawweee877h444@lemmy.world 0 points 1 year ago (4 children)

Yet tesla stock goes up. LOL.

How the fuck is the stock rising?

Oh. Wall Street is a joke. I forgot.

[–] Sneptaur@pawb.social 0 points 1 year ago (6 children)

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

[–] meeeeetch@lemmy.world 0 points 1 year ago (2 children)

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 0 points 1 year ago (2 children)

I dubt they can save the company anymore.

[–] Buffalox@lemmy.world 0 points 1 year ago (4 children)

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

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[–] CileTheSane@lemmy.ca 0 points 1 year ago

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

[–] Sneptaur@pawb.social 0 points 1 year 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.

[–] TheFriar@lemm.ee 0 points 1 year ago* (last edited 1 year ago) (1 children)

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

[–] Sneptaur@pawb.social 0 points 1 year ago

Possible! Companies do things like that all the time

[–] lemmy_outta_here@lemmy.world 0 points 1 year ago (2 children)

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.

[–] Sneptaur@pawb.social 0 points 1 year ago (1 children)

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

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[–] My_IFAKs___gone@lemmy.world 0 points 1 year 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.

[–] Carmakazi@lemmy.world 0 points 1 year ago (2 children)

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.

[–] Sneptaur@pawb.social 0 points 1 year ago
[–] Num10ck@lemmy.world 0 points 1 year ago (1 children)

it seems the stock is based on elon musk, and no others, releasing a mass market ready generalized artificial intelligence in the next 6 months.

[–] ToastedRavioli@midwest.social 0 points 1 year ago

6 months in musk time is like 25 years from now

[–] RampantParanoia2365@lemmy.world 0 points 1 year ago (1 children)

Quietly? I literally read about it yesterday right here. Do you mean like they're calling newspapers, but whispering?

[–] Sneptaur@pawb.social 0 points 1 year ago

It wasn't a statement to the press. It was leaked. That means that the whole board likely was not ready to announce it or that they're trying to keep it on the down low, where mostly just investors will see it and act accordingly.

Why does everything have to be an argument?

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[–] Quill7513@slrpnk.net 0 points 1 year 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 0 points 1 year ago (1 children)

Yet tesla stock goes up. LOL.

How the fuck is the stock rising?

It's down quite a bit this year:

[–] Buffalox@lemmy.world 0 points 1 year ago* (last edited 1 year 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.

[–] ano_ba_to@sopuli.xyz 0 points 1 year ago (1 children)

Gamblers. Shorting the stock is still a show of support. If you don't like Musk, stop betting for or against the stock. Don't be greedy.

[–] pupbiru@aussie.zone 0 points 1 year ago (1 children)

what? shorting the stock is literally the same as selling shares

when you short, you sell someone else’s shares that you don’t own with a promise to buy them back at whatever it costs when you exit your position

(if the price goes up you’re forced to buy for higher and you lose money; if the price goes down you buy for a lower price and you make money)

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[–] cabron_offsets@lemmy.world 0 points 1 year ago

Not enough.

[–] MehBlah@lemmy.world 0 points 1 year ago
[–] lemmie689@lemmy.sdf.org 0 points 1 year ago (1 children)

OMG. A Welcome Back, Kotter reference! Nice.

[–] kikutwo@lemmy.world 0 points 1 year 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.

[–] ABetterTomorrow@lemm.ee 0 points 1 year ago
[–] TrendigOsthyvel@lemmy.world 0 points 1 year ago (1 children)

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

[–] chaosCruiser@futurology.today 0 points 1 year ago (1 children)

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.

[–] NotJohnSmith@feddit.uk 0 points 1 year ago (1 children)

Did I miss something? He's been throwing nazi salutes out this week also?

[–] victorz@lemmy.world 0 points 1 year ago (1 children)

Just the same two he started with, but we don't forget in Sweden.

[–] mumblerfish@lemmy.world 0 points 1 year ago (4 children)

Most people in Sweden appears to have forgotten what party Jimmie Åkesson joined, so I don't know about that.

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[–] maki@lemm.ee 0 points 1 year ago

Way to go! 💪🏼

[–] InvertedParallax@lemm.ee 0 points 1 year ago (3 children)

Best fucking country, so proud.

[–] Buffalox@lemmy.world 0 points 1 year ago (11 children)

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 0 points 1 year ago (1 children)

More like in the top 5 🇫🇮

[–] InvertedParallax@lemm.ee 0 points 1 year 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 0 points 1 year ago

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

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[–] Rhaedas@fedia.io 0 points 1 year 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.

[–] FelixCress@lemmy.world 0 points 1 year ago
[–] aramova@infosec.pub 0 points 1 year ago (1 children)
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[–] Liberteez@lemm.ee 0 points 1 year ago

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

[–] butsbutts@lemmy.ml 0 points 1 year ago (1 children)

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

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[–] Sam_Bass@lemmy.world 0 points 1 year ago

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

[–] Emil_Zatopek1982@lemmy.world 0 points 1 year ago

Still too many sales.

[–] MyOpinion@lemm.ee 0 points 1 year ago (1 children)
[–] henfredemars@infosec.pub 0 points 1 year ago

I hunger to see Tesla turn into a penny stock.

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