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.
Is there a point where Tesla’s board will oust him to save the brand?
I personally will never consider a product he’s attached to.
I’d support him being attached to one of his rockets at launch
Nope. They are tied to the hip. From what I see the Board are just cashing out as it sinks.
that would be really funny and i hope it happens
Who else is on the board besides him and his brother?
Even his brother tried to get him to back down on all this craziness, but he didn’t listen.
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
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
That’s…odd. Why even have one then?
for appearances? so you can pass the buck somewhere? … etc