In fairness, none of those countries liked the Romans, so...

Ah, what a time to be alive: Pedo nazis are trying to take over the U.S. (and other parts of the world), and we‘re driving around in swasticars. Sounds like the plot of some 80‘s movie, but somehow it’s the reality we live in. And, somehow, where I live (central Europe), people are still voting for right-wing parties, seeing what is happening, seeing history repeating itself. This ignorance is infathomable to me, and I can only hope that either we will never suffer the consequences of what we‘re voting for or we learn it for real this time.

It's very clear that at this point, insofar as there is any logic at all to the decision making of people investing in Tesla (and there's very little evidence of that), they're evaluating it as a software company, not a car company.

This seems to be largely based on the notion that Tesla is the world leader in self-driving, and poised to become the world leader in other areas of automation. And that would, admittedly, mostly justify their very high share price, if there was literally any evidence it was true. Of course, what they actually have is a self-driving system that is only number one in fatalities caused, and a bunch of faked demos of robots made using low paid remote operators.

Tesla is easily the single best demonstration of how fucked our economic system really is. That a company can so blatantly lie, over and over, about what their products can actually do, and somehow continue to see their share price increase tells you everything you need to know about how utterly fictitious the entire notion of the stock market is.

I think the 3 things Tesla has/had going for them was...

1. Car sales growth. The had some pretty ridiculous growth in sales for a few years there.

2. Captive Market. Pretty much everyone I know with a Tesla charges at home, or at a Tesla supercharger. They've got the Apple ecosystem lock in for the "fuel" you put in the car. This walled garden approach basically lets Apple print money.

3. Technology. FSD, autopilot, and manufacturing. Tesla presented as a very tech focused company that was dumping money into R&D similar to how Amazon built up in the early 2000s. Investors love companies that are poised to control the entire market in the future.

Pretty much all 3 of these pillars have collapsed now. Their car sales are in a huge global slump. More cars are available that can charge on other charging networks, and those charging networks get bigger and better every day. Elon's FSD is basically vaporware at this point, and the high degree of automation Tesla was touting in their factories came back to bite them in the ass.

This leads to my favorite recent quote about stocks though... "The market can remain irrational longer than you can remain solvent." Let's face it, Tesla stock is a bubble, AI is a huge bubble. The problem isn't knowing that there is a bubble, the problem is knowing when that bubble is going to burst.

It’s honestly quite unhinged when you look at how much each vehicle contributes to their market cap.

What a beautiful way to present the situation.

Tesla stock price is a load of crap, pushed up solely by Elon chuds.

Remember WeWork? Lots of dumb people with money and if enough dumb people sustain their dumbness it doesn’t really matter. Stock goes up.

What? How is possible that Ford is only 4x the global volume of Tesla? In my European country I see Ford everywhere while Teslas are a rare bird.

Maybe the Chinese sales are influencing those numbers? (Ford doesn't sell as Ford in China but as a joint venture)

I suspect many investors are betting that, in the near term at least, Trump will rig things in Musk's favor. Don't assume they only consider the traditional fundamentals of corporate valuation.

So if sales are down 50% or more in Europe, where are these cars sold?

Well at point one, you’ve lost Volkswagen

If it’s created by a Nazi

Leon didn't create it. He just bought the company. But for me, Nazi ownership is a bigger deal anyway.

My heart goes out to Musk....

Higher is better in this case. 100% preferably.

They're also notoriously terrible build quality.

I will give Tesla credit for one solitary thing: They did help jumpstart electrics. Help. Not cause.

But that has been picked up by real car manufacturers, who just need more encouragement to continue to increase numbers, along with infrastructure projects to bring more charging stations to more places. A critical area would be for installations in places like apartment parking lots and various public parking lots (i.e. paid parking but I mean shopping lots)

Attaboy, make her regret it every second you’re around

When she asked you if you think that was funny, did you reply with "heil no"?

IIRC that was because of the legislation change? Something about luxury vehicles thing stuff cheap thing change....projections are that it'll crater this year? But I have zero sources, but that's a starting point for a search, I guess. I'm about to start watching a gig so I'll leave that someone better.

There are plenty of MAGA sheep, plus Teslas still seem to be super popular among the transplants from India in my area to keep the company around for a long time. SpaceX & Starlink have essentially no competition and Musk will just pivot.

TBF I'm pretty sure that cheap Chinese EVs are a pretty big factor here. Of course, all the nazi shit doesn't help.

Stupid reality!

Yeah, the numbers for Norway are when the cars are registered, which happens when they arrive at the dealer. Since Tesla ships their cars in large batches, the numbers are difficult to compare.

I’m (unfortunately) certain that most of the decline in sales will disappear once the first big delivery of 2026 comes ashore.

So what is it for the year then?

If I'm reading your comment correctly, if they have no delivery that month... Their "sales" would be pretty much 0.

So why the fuck are we cherry picking numbers unrepresentative of reality? This is some right wing type of shit.

Oh that's why:

2024: 24,259 new Tesla cars registered in Norway. 2025: 34,285 new Tesla cars registered in Norway.

https://bestsellingcarsblog.com/2026/01/norway-full-year-2025-record-market-39-5-tesla-and-model-y-at-all-time-high/

Got no clue on reliability of the source, but there's 3 on top of my search seem to line up.

I live in Norway and there's a lot of Teslas here, but most people don't buy a new one every year.

They're using their army of AI powered robots right?

Imagine where we'd be already if Nikola Tesla had his way.

Certainly not being hosed of all wealth, to enrich an oligarch, keeping us down, on the lie that the oligarch's our saviour.