A survey of over 100,000 Germans revealed that 94% won’t buy a Tesla vehicle. It doesn’t bode well for the automaker, whose sales had already been falling off a cliff in the important European market.
In 2024, Tesla saw a 41% reduction in sales in Germany compared to 2023 despite EV sales surging 27% during the year.
This has already raised red flags about Tesla’s future in Germany, but it is nothing compared to Tesla’s performance so far in 2025.
Tesla’s sales were down 70% in the first two months of 2025, and again, that’s compared to its already poor performance in 2024.
Reminds me of subway. They somehow survived that whole PR nightmare, but still… They’re not nearly what they used to be.
Subway was down in quality before Jarod was discovered to be a pedophile.
They do have some other similarities with Tesla though, like rapid expansion, market saturation and short term profits over quality.
Tesla also has the crazy market over valuation that needs a correction (more valuable than Toyota? LMAO).