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Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

⁨939⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨month⁩ ago⁩ by ⁨vegeta@lemmy.world⁩ to ⁨technology@lemmy.world⁩

https://www.cnbc.com/2025/08/28/tesla-europe-sales-plunge-40percent-chinese-ev-rival-byd-up-225percent.html

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Comments

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  • simplejack@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Both cars support oppressive dictators, but one is cheaper, supports CarPlay / Android auto, and has actually buttons for things.

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    • kameecoding@lemmy.world ⁨1⁩ ⁨month⁩ ago

      I am not sure you can say BYD supports a dictator per se, more like it exists in a state capitalist country where you exist at the behest of the dictator.

      Elon actively pushed and spent money to get trump elected.

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      • ByteJunk@lemmy.world ⁨1⁩ ⁨month⁩ ago

        Well played sir, well played.

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    • boonhet@sopuli.xyz ⁨1⁩ ⁨month⁩ ago

      Pooh bear is actually starting to look less oppressive in comparison these last 7 months tbh

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      • simplejack@lemmy.world ⁨1⁩ ⁨month⁩ ago

        To be fair, the CCP has already done a lot of armed crackdowns and disappearing. They’re in the phase where people are too scared to resist.

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      • yucandu@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        Trump is definitely headed in China’s direction, but MSNBC is still allowed to exist.

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      • OccamsRazer@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        The fact that you can freely criticize and say whatever you want about Elon means that he is not even close to as oppressive.

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    • myfunnyaccountname@lemmy.zip ⁨5⁩ ⁨weeks⁩ ago

      This is what I hate. One is owned by a fuck cunt. The other is owned by china. Neither one are actually good options if you are not buying one because of their beliefs

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      • Patch@feddit.uk ⁨5⁩ ⁨weeks⁩ ago

        Other options exist; you don’t have to buy either. Volkswagen Group, Audi, Renault, BMW, Fiat etc all make EVs in Europe. Hyundai & Kia also both make excellent EVs.

        Buying a Tesla is a choice these days. Nobody trips and falls into Tesla ownership. And although those cheap Chinese manufacturers look mighty tempting, they’re not the only alternative out there.

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    • herrvogel@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      BYD cars don’t have very many buttons either. See here. They’re tablets on wheels too. I quite dislike BYD interiors.

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      • simplejack@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        True, but that thing is like a fighter jet compared to Telsa’s void of emptiness. 14 controls on the wheel (and they’re labeled, real controls for drive modes, there are basic climate controls on the center console, you can manually adjust fan orientation, etc.

        It’s still overly reliant on touch, but I’d easily take that over a Telsa.

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  • phoenixz@lemmy.ca ⁨5⁩ ⁨weeks⁩ ago

    Good thing the Tesla board voted to give Elmo all those billions to make him stay, because for a second there was an actual risk that Tesla could survive as a company without Elmo, but now they kept him and made sure they’ll all go down off that cliff.

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    • CatDogL0ver@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      There is no way I would tickle him!

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      • Smeagol666@crazypeople.online ⁨5⁩ ⁨weeks⁩ ago

        What if you could use a baseball bat? Maybe with nails in it.

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  • tfm@piefed.europe.pub ⁨1⁩ ⁨month⁩ ago

    Let me guess, the stock did go up?

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    • kiku@feddit.org ⁨1⁩ ⁨month⁩ ago

      Today down 1.37%, but up 7.14% overall for the week.

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      • tfm@piefed.europe.pub ⁨1⁩ ⁨month⁩ ago

        I'm sure the free market knows what's right /s

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  • tigeruppercut@lemmy.zip ⁨5⁩ ⁨weeks⁩ ago

    How tf does someone with a bajillion dollars look like a pile of wet garbage bags at 54? Aren’t they all supposed to be using lotions made from aardvark assholes and incubus foreskins to maintain immortality?

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    • Supervisor194@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      You laugh, but it’s worse than you might think.

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      • Glitchvid@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        Literal vampire shit lmao.

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    • echodot@feddit.uk ⁨5⁩ ⁨weeks⁩ ago

      Well it turns out that ketamine isn’t the elixir of life.

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      • D_C@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

        You take that back. You take that back right now!!

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  • drmoose@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    I’m genuinely surprised people be ok with BYD on Lemmy. It’s authoritarian spyware, period. There are more options than these two - ww don’t have to choose the lesser evil.

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    • Zetta@mander.xyz ⁨5⁩ ⁨weeks⁩ ago

      Why would I give a fucking shit? Every new car is a piece of shit spy ware device that collects and sells your data. Honestly, I’d rather china have my data than a fucking capitalist company or America. At least china won’t do anything to me, our government is more of a threat to the average American than china is.

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      • drmoose@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        What a defeatist take.

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      • Alaknar@sopuli.xyz ⁨5⁩ ⁨weeks⁩ ago

        Every new car is a piece of shit spy ware device that collects and sells your data

        Fuck me, it has to be sad living in this paranoid state…

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      • 9488fcea02a9@sh.itjust.works ⁨5⁩ ⁨weeks⁩ ago

        Or… live in a place or advocate for a place where spyware cars arent a necessity for simply existing…

        When something is 100% required for life, someone WILL exploit it

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    • Alcoholicorn@mander.xyz ⁨5⁩ ⁨weeks⁩ ago

      Why would someone who doesn’t live in China give a shit about Chinese spyware, especially when the alternative is any of the big US/EU manufacturers who happily hand your information to your own government?

      China can’t do shit to yall. I’d include myself in there, but I quite enjoyed my time in China and intend to return, so Chinese spyware could actually be a threat to me.

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      • lmuel@sopuli.xyz ⁨5⁩ ⁨weeks⁩ ago

        Even ignoring that horrendously simple minded reason for not caring about privacy…

        You’d still support the CCP lol

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      • MangioneDontMiss@lemmy.ca ⁨5⁩ ⁨weeks⁩ ago

        enemy of my enemy shit, I suppose.

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    • Ensign_Crab@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      when compared with elon’s nazi spyware?

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      • drmoose@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        There are more than 2 options here.

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    • echodot@feddit.uk ⁨5⁩ ⁨weeks⁩ ago

      Is it. I know it’s a Chinese company but is there any evidence that there is anything going on?

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      • Alaknar@sopuli.xyz ⁨5⁩ ⁨weeks⁩ ago

        The evidence is in the fact that it’s a Chinese company. They are required by law to provide the government with all the data they collect (and we know they collect data).

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      • drmoose@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        Yes it literally phones back every bit of data. What other evidence do you need?

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    • Alaknar@sopuli.xyz ⁨5⁩ ⁨weeks⁩ ago

      Lemmy is weird. As long as you’re on the dogpile against the current “big bad” of the week, you’re good to go. Fuck Tesla? Then let’s buy Chinese products.

      It’s insane, but it’s where we are.

      It’s authoritarian spyware, period. There are more options than these two - ww don’t have to choose the lesser evil.

      Let’s not forget that they are actively committing genocide against the Uighur. I don’t think they are the “lesser evil”.

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      • drmoose@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        Or still actively occupy Tibet, how conveniently everyone forgot that but yay a slightly cheaper car!

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    • dreadbeef@lemmy.dbzer0.com ⁨5⁩ ⁨weeks⁩ ago

      I’m genuinely surprised people be ok with BYD on Lemmy

      You are surprised… people on lemmy like something from china? I guess you know not a lot about lemmy lol

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    • Iambus@lemmy.world ⁨5⁩ ⁨weeks⁩ ago
      [deleted]
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      • Ensign_Crab@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        Can always count on slurs from people who imagine tankies behind every rock.

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    • freddydunningkruger@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      Do you carry a cell phone?

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    • Iambus@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      Lemmy has always been retarded like that.

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    • fodor@lemmy.zip ⁨5⁩ ⁨weeks⁩ ago

      Right right, of course that’s true, and it’s also true that many people have requirements that can only be met by a few vehicles on the market.

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    • Harbinger01173430@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      I pick the cheapest.

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  • DarkSirrush@lemmy.ca ⁨1⁩ ⁨month⁩ ago

    Come on Canada, let us have cheap BYD, fuck the US economy.

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    • mrgoosmoos@lemmy.ca ⁨5⁩ ⁨weeks⁩ ago

      nah, forget about them

      let us have economical cars because we don’t need these massive expensive things just to go 5km to get a load of groceries

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      • phoenixz@lemmy.ca ⁨5⁩ ⁨weeks⁩ ago

        Let us have safe bicycle infrastructure do that we can bike to those stores, how about that? And with that, add mixed constructions in the suburbs so that people have small local stores around.

        A bike costs a fraction of a car

        Bicycle infrastructure building and maintenance costs a fraction of that for cars

        Bicycles don’t emit CO2. And for those wise asses saying that the cyclist does, it’s a fraction of a fraction of a car because you’re not lugging 2 tonnes of stell around to transport you and a bottle of milk.

        Cycling infrastructure is much more efficient, you can push a shit tonne more people over the same road if you don’t need big ass cars. Yes, even your Mercedes smart car is I ass compared to a bicycle

        It creates much much less pollution from tire dust

        It’s much safer, bicycles kill only a fraction of the people that cars kill all year round

        It’s healthier, people do exercise not because they went to the gym, but all day every day with their bikes

        It cuts the noise pollution

        It’s cheaper because no taxes, no gas needed, maintenance is a fraction of that of a car.

        It’s way less wasteful

        It lowers aggression. Though it may or may not exist, I’ve never heard of bicycle road rage

        Need more?

        Less cars is less parking spaces. Parking spaces get cities barely any taxable income. Instead of these ugly ass concrete wasteland parkitsoaces you can now have restaurants with outside patios which can be taxed. Couple that with the cheaper infrastructure, and that alone should be an obvious reason as to why do this

        It’s really not that much slower. For typical short trips, bicycles usually only add some 10-20% of required time to your trip.

        For any trip over say, 5-10 kilometers, use good public transportation

        For those once in a lifetime trips where you actually need a car because you need to transport something huge, use one of those Evo rent-a-car.

        In the Netherlands, a huge amount of people don’t have a car. Not because they can’t (they totally can) but because it’s stupid to have one. You can go everywhere by bike, you can jump with your bike in a train when needed to go further, cars are expensive and bad for everyone, why even have one?

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    • pressanykeynow@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      I’m all for fuck the US but don’t you think Canada can make it’s own cars? Being dependent on China’s economy is no better than being dependent on the US or Europe.

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      • DarkSirrush@lemmy.ca ⁨5⁩ ⁨weeks⁩ ago

        While Canada making its own affordable, long range EV’s would be ideal in the long run, we literally have no canadian-owned production facilities or brands that currently can, or do produce low or mid end cars, and Canada seems to have no interest in subsidising those.

        Which means, in the short run, I want a vehicle I can afford to buy that doesn’t give me range anxiety, and the only reason I can’t is because Canada literally doubled the price of the cars that currently exist that fit my requirements because the US asked them to.

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      • yogurt@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        Hydro Quebec invented BYD’s battery technology, the only reason they licensed it to BYD in the first place is nobody else was going to do anything with it.

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  • MyOpinion@lemmy.today ⁨1⁩ ⁨month⁩ ago

    Not one more penny for this Nazi!

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  • Legom7@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    My commute is about 20 miles a day. Charging level 1 at work is enough unless I go out on the weekend. My Nissan Leaf has been good enough for me. And it is neither Tesla nor Chinese.

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    • Frostbeard@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      My only gripe with that car is that it looks really bland. Then again I am no James Dean where I sit with two kids seats with the back full of shopping

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      • Ibuthyr@lemmy.wtf ⁨5⁩ ⁨weeks⁩ ago

        I think it’s a good looking car. My problem with it is chademo. It’s unfortunately the betamax of plugs.

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    • NotJohnSmith@feddit.uk ⁨5⁩ ⁨weeks⁩ ago

      Damn good car too. My bro rocked one for years, deceptively large inside. Quarterly he’d drive about 1000km in it which I think was mad but made it work, 80km at a time!!!

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  • Melvin_Ferd@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    I don’t get how a company is losing this much in multiple countries yet is still operating?

    Like if they can lose this much and still be operating and investments not tanking, would it follow that they can pay better wages and benefits?

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    • supersquirrel@sopuli.xyz ⁨5⁩ ⁨weeks⁩ ago

      The US is corrupt enough at this point the only thing massive corporations have to do to survive is be massive.

      Many companies that never even have turned a consistent profit are major players in the US economy.

      The idea of valuing actual market competition is a distraction conservatives point to as a cool aesthetic and it has little to do with the economic reality of the US. So long as the right people are in power a dictatorship is totally acceptable to conservatives by and large and the inevitable end result of that as we are seeing are stunning displays of incompetency at the highest levels of power.

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      • Smoogs@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        in US the patriotism is injected into a brand. Way more money than brains.

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      • buzz86us@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        Yeah go figure we keep on pumping money into oil companies, when solar and batteries are tariffed. Easy to set why Trump has gone bankrupt so many times.

        We even have electric companies actively trying to deter home solar installs with legislation, while other counties are embracing a VPP model.

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    • forkDestroyer@infosec.pub ⁨5⁩ ⁨weeks⁩ ago

      Last I checked years ago, they sold their carbon credits for a whole lot of money whenever they earned them.

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      • SpookyBogMonster@lemmy.ml ⁨5⁩ ⁨weeks⁩ ago

        Yeah Tesla only incidentally makes cars. Their accrual business is being a Carbon Credits dealer. Which just goes to show that the whole concept of carbon credits is nonsense. Climate change can’t be solved by market mechanisms

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  • Ulrich@feddit.org ⁨1⁩ ⁨month⁩ ago

    CCP subsidizes the absolute shit out of domestic EVs (and many other emerging technologies) which basically forces people to buy them, so it shouldn’t be any surprise they’re selling them like crazy. Meanwhile conservatives are stripping incentives away.

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    • rainwall@piefed.social ⁨1⁩ ⁨month⁩ ago

      You should learn about US fossil fuel subsidies. The US alone pumps almost 800 billion/yr into subsidising the industry.

      China tossing 40 Billions/yr into EV subsidies is basically pocket change comparatively.

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      • Ulrich@feddit.org ⁨1⁩ ⁨month⁩ ago

        We are not having a pissing match over which country is worse, we are discussing why China is dominating the EV market.

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    • tyra@lemmy.ml ⁨1⁩ ⁨month⁩ ago

      Good! I‘m grateful that the CCP is stepping in where the West is ignorant. Thanks to heavy lobbying by fossil fuels and car industries we would never have affordable cars in Europe without China. Thank you Xi Jinping for saving the climate 🙏

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      • Ulrich@feddit.org ⁨1⁩ ⁨month⁩ ago

        LOOOOOLOLOLOL have you looked at China’s greenhouse gas contributions lately? They don’t give a fuck about the climate, they’re just trying to drive other countries out of the market.

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    • boonhet@sopuli.xyz ⁨1⁩ ⁨month⁩ ago

      Doesn’t the EU balance it out with tariffs?

      Those cheap BYDs ain’t all that cheap here

      Now if EU increased subsidies for domestic EV production, domestic solar panel production, etc… We could really have something great.

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      • Ulrich@feddit.org ⁨1⁩ ⁨month⁩ ago

        Doesn’t the EU balance it out with tariffs?

        No.

        Those cheap BYDs ain’t all that cheap here

        Yes they are.

        Now if EU increased subsidies for domestic EV production, domestic solar panel production, etc… We could really have something great.

        Truth there.

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    • Buffalox@lemmy.world ⁨1⁩ ⁨month⁩ ago

      E: holy shit, the Lemmy tankies are real

      Nope, you are just wrong. I guarantee you I’m not a tankie, but I think it’s pretty clear that USA has absolutely also subsidized electric cars, especially Tesla that has been generously subsidized in multiple ways, also subsidizing their charging network.
      On top of that, USA has prevented a lot of outside competition with tariffs.

      All in all i am personally sick and tired of Americans always pointing fingers at the Chinese for doing the exact same thing Americans are doing.

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    • Networkcathode@piefed.social ⁨1⁩ ⁨month⁩ ago

      “In Europe”

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  • normalexit@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    I bought byd stock. It keeps going down. I will never understand investing

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  • bdonvr@thelemmy.club ⁨1⁩ ⁨month⁩ ago

    Hell yeah

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  • 58008@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    Any non-cunts in the EV manufacturing space? Or is that a prerequisite?

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  • sundray@lemmus.org ⁨1⁩ ⁨month⁩ ago

    Quick Elon, buy the President of Europe! /s

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  • BarneyPiccolo@lemmy.today ⁨5⁩ ⁨weeks⁩ ago

    Tesla will be bankrupt in 2 years.

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  • Bluewing@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    I don’t think Musk much cares or ever did. The goal was to milk tesla for every last dime.

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  • GaMEChld@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    I don’t know about you but I drive over 5-10km regularly. For a short miserable stretch my daily commute was 90 miles. Buying household groceries or anything of size sounds annoying or impossible on bike. And then there’s work tools and whatnot that many professionals keep in vehicle.

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  • bubblybubbles@lemmy.ml ⁨1⁩ ⁨month⁩ ago

    Oh no! I think I left the oven on

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  • Bosht@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    I wonder if a large part of this as well is strictly because BYD is priced cheaper. I know for me personally 90 percent of the reason I haven’t invested in electric is because they’re all still luxury priced.

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  • nutsack@lemmy.dbzer0.com ⁨5⁩ ⁨weeks⁩ ago

    i drive a 440. it’s got a giant supercharger sticking out of the hood trying to get me pulled over all the time. i have to wear earplugs while driving to avoid permanent hearing loss. there’s no way to listen to shit eating death metal while driving its just too loud. handles turn like absolute shit. i don’t give a fuck

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  • humanspiral@lemmy.ca ⁨5⁩ ⁨weeks⁩ ago

    Tesla vs BYD is overhyped in Europe. Car sales rose 8%. Many European brands did better than this average. Hybrid and EV growth at about 35% in Europe should be story. Fine Tesla is sucking. We get it.

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  • MangioneDontMiss@lemmy.ca ⁨5⁩ ⁨weeks⁩ ago

    finally some good news.

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  • beemikeoak@lemmynsfw.com ⁨5⁩ ⁨weeks⁩ ago

    My sales to Europe have plunged 0%! Its all due to not being a racist asshole. Also I don’t sale anything, I’m just a non racist person who doesn’t sale anything to Europe at the moment.

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