"Nobody lost more money Monday as the stock market reacted to President Donald Trump’s tariffs than Elon Musk, Trump’s self-described “first buddy” and the world’s richest person, as shares of Musk’s electric vehicle company Tesla struggled."
Tesla shares lost 5.17% of their value and Musk lost $11.8 Billion from his net worth.
Musk Net Worth Falls $12 Billion As Tesla Stock Reels From Tariffs https://search.app/TgYXUJYJASCwqhKM9
=> More informations about this toot | More toots from ProjectFearlessness@mastodonapp.uk
European sales figures for Tesla, comparing January 2024 to January 2025, show an almost 50% drop in sales.
I did Nazi that coming...
https://electrek.co/2025/02/03/tesla-tsla-sales-are-dropping-like-a-rock-in-europe-but-its-not-just-because-of-elon-musk/
=> More informations about this toot | More toots from ProjectFearlessness@mastodonapp.uk
In China, Tesla's biggest market outside the U.S. sales were up in 2024, but their actual market share went down. Their share of the Chinese EV market went from 7.6% in 2023 to 6% in 2024. This was mostly down to having aging models in an increasingly competitive market. 2025 is forecast to be the year where Chinese branded EVs overtake and outperform Tesla in the Chinese market in a big way.
And this was all before Trump started a trade war with China....
https://www.cnbc.com/2025/01/06/tesla-china-sales-2025-as-competition-heats-up-.html
=> More informations about this toot | More toots from ProjectFearlessness@mastodonapp.uk
In Australia, Tesla also saw a 33% drop in sales in January 2025 compared to January 2024.
Was it something somebody said ?
https://thedriven.io/2025/02/04/tesla-sales-crash-in-australia-as-musk-impact-has-consumers-looking-for-another-brand/
=> More informations about this toot | More toots from ProjectFearlessness@mastodonapp.uk
Bonus points in the Don't buy Nazi cars competition have got to go to Norway. Not only did they see a 38% drop in Tesla sales last year, this was in a rapidly increasing market for EVs. In Norway, EV sales accounted for an amazing 96% of all new vehicle sales last year.
Boycotting Nazis AND saving the planet? I'm in!
[#]ClimateAction
https://thedriven.io/2025/02/04/norway-ev-share-hits-96-pct-in-january-as-toyota-tops-list-and-tesla-slumps/#amp_tf=From%20%251%24s&aoh=17386706772412&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fthedriven.io%2F2025%2F02%2F04%2Fnorway-ev-share-hits-96-pct-in-january-as-toyota-tops-list-and-tesla-slumps%2F
=> More informations about this toot | More toots from ProjectFearlessness@mastodonapp.uk
@ProjectFearlessness public transport and better comma infrastructure (and equitable access) would save the planet more
=> More informations about this toot | More toots from MxVerda@lgbtqia.space
@MxVerda
In fairness Norway is one of the least densely populated countries in the world. Public transport there is good, but it's not going to address every transportation problem.
=> More informations about this toot | More toots from ProjectFearlessness@mastodonapp.uk
@ProjectFearlessness @MxVerda
It needs saying over and over. EVs are not a silver bullet for climate change, but they are at the present point in time an important element alongside other measures. Even in the Danish countryside where I live actually useful public transportation is at best a decade out, and I dream of the day my household only needs one car, the shift to EVs is now.
=> More informations about this toot | More toots from SuneAuken@mastodon.world
@SuneAuken @MxVerda @ProjectFearlessness and they a joy to drive ❤️.
=> More informations about this toot | More toots from pms@cupoftea.social
@pms @MxVerda @ProjectFearlessness They are too. And much more practical in everyday life.
=> More informations about this toot | More toots from SuneAuken@mastodon.world
text/geminiThis content has been proxied by September (3851b).