this post was submitted on 21 Dec 2024
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Summary

Tesla’s European market share is declining sharply, with EU registrations dropping 40.9% in November 2024 compared to last year, and year-to-date registrations down 15.2%.

Including the UK and EFTA, Tesla’s registrations fell 13.7% this year.

The drop stems from reduced government EV incentives and growing dissatisfaction with CEO Elon Musk.

Despite Tesla’s decline, overall EV registrations in Europe have remained stable as competing automakers gain ground. Tesla remains the largest EV producer in Europe but faces growing pressure from rivals capitalizing on its waning dominance.

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[–] Gerudo@lemm.ee 59 points 16 hours ago (4 children)

Is there a point where Tesla's board will oust him to save the brand?

[–] HipsterTenZero@dormi.zone 5 points 10 hours ago

that would be really funny and i hope it happens

[–] BassTurd@lemmy.world 68 points 16 hours ago (1 children)

I personally will never consider a product he's attached to.

[–] booganiganie@lemmy.world 6 points 1 hour ago* (last edited 1 hour ago)

I'd support him being attached to one of his rockets at launch

[–] Prior_Industry@lemmy.world 23 points 15 hours ago

Nope. They are tied to the hip. From what I see the Board are just cashing out as it sinks.

[–] bitchkat@lemmy.world 8 points 15 hours ago (2 children)

Who else is on the board besides him and his brother?

[–] NotMyOldRedditName@lemmy.world 9 points 13 hours ago (1 children)

Even his brother tried to get him to back down on all this craziness, but he didn't listen.

[–] Empricorn@feddit.nl 1 points 23 minutes ago

I'm guessing he then shut up and accepted his riches? Lol just wait, people show you who they really are...

[–] Gerudo@lemm.ee 11 points 15 hours ago* (last edited 15 hours ago) (1 children)

TBH I don't know. I assumed it was a normal board of directors that has a check and balance to the CEO. I should have known it wasn't.

Edit- Actually, there is a traditional board. My question still stands then. https://ir.tesla.com/corporate

[–] CandleTiger@programming.dev 1 points 3 hours ago (1 children)

The state of Delaware ruled in a lawsuit that the Tesla board is under control of Musk and not really an independent board as it should be

[–] Gerudo@lemm.ee 1 points 1 hour ago

That's....odd. Why even have one then?