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

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Submitted ⁨⁨7⁩ ⁨months⁩ 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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  • Bosht@lemmy.world ⁨7⁩ ⁨months⁩ 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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  • beemikeoak@lemmynsfw.com ⁨7⁩ ⁨months⁩ 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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  • normalexit@lemmy.world ⁨7⁩ ⁨months⁩ ago

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

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    • REDACTED@infosec.pub ⁨7⁩ ⁨months⁩ ago

      en.m.wikipedia.org/wiki/BYD_Auto

      Image

      Realistically their sales in Europe are a statistical noise.

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    • Alcoholicorn@mander.xyz ⁨7⁩ ⁨months⁩ ago

      Chinese indexes/etfs are mostly good for its stability, overall it doesnt grow as much as other markets, but it tends not to drop as much either.

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    • herseycokguzelolacak@lemmy.ml ⁨7⁩ ⁨months⁩ ago

      Markets can stay irrational longer than you and I can stay solvent.

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    • avidamoeba@lemmy.ca ⁨7⁩ ⁨months⁩ ago

      You never buy an individual firm stock unless you have insider knowledge.

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    • pineapplelover@lemmy.dbzer0.com ⁨7⁩ ⁨months⁩ ago

      And I’ve been holding tesla for years and it goes up even when news is shit. I don’t get it either

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      • IhaveCrabs111@lemmy.world ⁨7⁩ ⁨months⁩ ago

        It’s just too complex for you. You’ll never understand things like regression charts, Fibonacci patterns and crime

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  • nutsack@lemmy.dbzer0.com ⁨7⁩ ⁨months⁩ 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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  • BarneyPiccolo@lemmy.today ⁨7⁩ ⁨months⁩ ago

    Tesla will be bankrupt in 2 years.

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    • nutsack@lemmy.dbzer0.com ⁨7⁩ ⁨months⁩ ago

      what a coincidence, so will i

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  • Bluewing@lemmy.world ⁨7⁩ ⁨months⁩ 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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    • Smoogs@lemmy.world ⁨7⁩ ⁨months⁩ ago

      He didn’t care so much he bawled on trump’s shoulder and got him to buy one.

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      • Bluewing@lemmy.world ⁨7⁩ ⁨months⁩ ago

        That was for show. And not to fix the underlying problems. If he cared, he would actually find and fix the problems.

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  • Melvin_Ferd@lemmy.world ⁨7⁩ ⁨months⁩ 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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    • forkDestroyer@infosec.pub ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ 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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    • supersquirrel@sopuli.xyz ⁨7⁩ ⁨months⁩ 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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      • buzz86us@lemmy.world ⁨7⁩ ⁨months⁩ 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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      • Smoogs@lemmy.world ⁨7⁩ ⁨months⁩ ago

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

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  • MangioneDontMiss@lemmy.ca ⁨7⁩ ⁨months⁩ ago

    finally some good news.

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  • Legom7@lemmy.world ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ 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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  • drmoose@lemmy.world ⁨7⁩ ⁨months⁩ 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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    • Iambus@lemmy.world ⁨7⁩ ⁨months⁩ ago

      Lemmy has always been retarded like that.

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    • Ensign_Crab@lemmy.world ⁨7⁩ ⁨months⁩ ago

      when compared with elon’s nazi spyware?

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      • drmoose@lemmy.world ⁨7⁩ ⁨months⁩ ago

        There are more than 2 options here.

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    • dreadbeef@lemmy.dbzer0.com ⁨7⁩ ⁨months⁩ 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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    • Alcoholicorn@mander.xyz ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ ago

        enemy of my enemy shit, I suppose.

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    • Iambus@lemmy.world ⁨7⁩ ⁨months⁩ ago
      [deleted]
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      • Ensign_Crab@lemmy.world ⁨7⁩ ⁨months⁩ ago

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

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    • Alaknar@sopuli.xyz ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ ago

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

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    • fodor@lemmy.zip ⁨7⁩ ⁨months⁩ 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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    • freddydunningkruger@lemmy.world ⁨7⁩ ⁨months⁩ ago

      Do you carry a cell phone?

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    • Harbinger01173430@lemmy.world ⁨7⁩ ⁨months⁩ ago

      I pick the cheapest.

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    • Zetta@mander.xyz ⁨7⁩ ⁨months⁩ 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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      • Alaknar@sopuli.xyz ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ 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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      • drmoose@lemmy.world ⁨7⁩ ⁨months⁩ ago

        What a defeatist take.

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    • echodot@feddit.uk ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ ago

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

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  • 58008@lemmy.world ⁨7⁩ ⁨months⁩ ago

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

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    • SulaymanF@lemmy.world ⁨7⁩ ⁨months⁩ ago

      Hyundai has been pretty good. And I only hear good things about Rivian and Lucid.

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    • GladiusB@lemmy.world ⁨7⁩ ⁨months⁩ ago

      I have a Chevy Bolt EUV. Maybe it’s still cunty. But I’m pretty sure it better than China spyware or a Nazi.

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  • GaMEChld@lemmy.world ⁨7⁩ ⁨months⁩ 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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    • BorgDrone@feddit.nl ⁨7⁩ ⁨months⁩ ago

      Buying household groceries or anything of size sounds annoying or impossible on bike.

      Not sure why buying groceries on a bike would be annoying or impossible. I do all my grocery shopping by bike, every single day, sometimes twice a day. Just bring a backpack.

      As for ‘anything of size’, what would you need to transport? I still have a car, but I use it so little that I only need to buy gas maybe once or twice a year.

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    • NotJohnSmith@feddit.uk ⁨7⁩ ⁨months⁩ ago

      I tried it and in my country they’re restricted to 15.5mph so largely did nothing for me as my route is out in the countryside.

      I moved to an e-moped (like an electric vespa) and it’s been amazing. About £1k to buy, £80 to insure and albeit restricted to 50mile range the equivalent mpg is something like 400mpg.

      Naturally doesn’t work if you need to carry kids or large objects around routinely but has been great for me

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    • drmoose@lemmy.world ⁨7⁩ ⁨months⁩ ago

      The ebike option meme is so laughable. I recently did some research on cargo bikes and the entry models cost as much as a used ICE car with no air con, no rain cover, no heating, no safety. Ebike people are straight up delusional in thinking this is ready to replace cars.

      Getting a second hand ice car is objectively the best thing you can do right now for everyone involved unless you ride half a million km a year.

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      • Ibuthyr@lemmy.wtf ⁨7⁩ ⁨months⁩ ago

        Ok? I bought my E-Bike 8 years ago for 1500€ and use two roller bags and grab a bit of groceries on my way back from work. It’s a 10km commute one way, so a total of 20km. It takes me a grand total of 26 minutes to get to work. The car usually takes longer due to traffic.

        I mean, it’s nice having a PHEV for bigger tasks but we (family of 3) only have one car. We do plenty with our E-Bikes.

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      • bassad@jlai.lu ⁨7⁩ ⁨months⁩ ago

        I don’t think it is laughable.

        A new cargo is 5000€ and you can find used or discounted ones for less than 3000€.

        A used car will cost far more in repairs, insurance and gas, my 2010 car is valued around 3000€ and it costs us around 1000-1500€/year.

        I don’t think bikes can replace cars for everyone, but many people could use a bike instead or their car 95% of the time, when we see that so much people use a car for less than 5 km.

        Only concern is safety to use a bike in the middle of fast cars, but a proper infrastructure (separated bike lanes) solves it for a fraction of the cost of roads and parking places.

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    • sobchak@programming.dev ⁨7⁩ ⁨months⁩ ago

      I’m completely out of shape and don’t exercise at all, but commuted to work on a bike when my workplace was ~5 miles away. Wasn’t hard at all and only took a little longer than a car. Had a rack on the back and bags to pick up groceries too. If you need carry a lot of heavy tools every day, it obviously wouldn’t be ideal. Even then a bicycle trailer could be used up to something like 100lbs.

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  • humanspiral@lemmy.ca ⁨7⁩ ⁨months⁩ 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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    • ayyy@sh.itjust.works ⁨7⁩ ⁨months⁩ ago

      It’s important to teach everyone that being a racist Nazi is a bad business strategy.

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  • phoenixz@lemmy.ca ⁨7⁩ ⁨months⁩ 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 ⁨7⁩ ⁨months⁩ ago

      There is no way I would tickle him!

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      • Smeagol666@crazypeople.online ⁨7⁩ ⁨months⁩ ago

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

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  • tigeruppercut@lemmy.zip ⁨7⁩ ⁨months⁩ 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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  • DarkSirrush@lemmy.ca ⁨7⁩ ⁨months⁩ ago

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

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  • sundray@lemmus.org ⁨7⁩ ⁨months⁩ ago

    Quick Elon, buy the President of Europe! /s

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  • MyOpinion@lemmy.today ⁨7⁩ ⁨months⁩ ago

    Not one more penny for this Nazi!

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  • simplejack@lemmy.world ⁨7⁩ ⁨months⁩ ago

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

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  • Ulrich@feddit.org ⁨7⁩ ⁨months⁩ 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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  • bubblybubbles@lemmy.ml ⁨7⁩ ⁨months⁩ ago

    Oh no! I think I left the oven on

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  • tfm@piefed.europe.pub ⁨7⁩ ⁨months⁩ ago

    Let me guess, the stock did go up?

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  • bdonvr@thelemmy.club ⁨7⁩ ⁨months⁩ ago

    Hell yeah

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