Tesla Shares Fall on Weak China Auto Sales

Thursday, March 06, 2025

Shares of Tesla tumbled Tuesday following data showing a big drop in auto sales in China, adding to recent losses amid backlash to CEO Elon Musk's alliance with US President Donald Trump.

Posted by LampLighter at 12:33 PM | 9 COMMENTS | permalink | Comment on This Entry |

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Tesla stock down 30% in the last month

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-- Andrea Woo (@andreawoo.bsky.social) March 4, 2025 at 5:34 PM

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More from the article ...

... The electric auto maker sold 30,688 vehicles in China in February, down 49 percent from the year-ago period, according to data from the China Passenger Car Association.

Near 1840 GMT, Tesla shares were down 4.4 percent.

Tesla has lost more than one third of its market value since mid-December as Musk has deepened his association with the polarizing US leader. ...

#1 | Posted by LampLighter at 2025-03-05 01:21 AM | Reply

Shouldn't the CEO of a company be concerned about maximizing the financial returns of that company to its shareholders? That should be a basic thing. No?

Mr Musk's apparent abandonment and disregard of that very basic responsibility task regarding his Tesla corporation role seems to speak volumes regarding how he may be viewing his tasks in destroying our Federal government.

#2 | Posted by LampLighter at 2025-03-05 01:26 AM | Reply

People are avoiding the Wankenpanzers like the plague and who could blame them.

#3 | Posted by LauraMohr at 2025-03-05 04:46 AM | Reply

Counter-tariffs from Canada and China will also hurt Tesla sales. And Swastikar sales are plummeting in Europe. Source:

electrek.co

#4 | Posted by C0RI0LANUS at 2025-03-05 05:21 AM | Reply

Someone tried to bring an Incelcamino to a Mardi Gras parade.

It didn't end well.

gizmodo.com

#5 | Posted by Nixon at 2025-03-05 07:20 AM | Reply

Was Leon's swasticar in self-driving mode when this happened?

abc7chicago.com

#6 | Posted by reinheitsgebot at 2025-03-05 07:41 AM | Reply

As of mid-day on March 6, TSLA shares are down 37% from Inauguration Day. Five year annualized return is still 48%.

In many companies a CEO who doesn't show up for work, seems to care little about the company, its operations and products, and who is a significant contributor to a huge fall in shareholder value would have been canned by now. I'm certain that more than a few of the equity mutual funds I hold include TSLA exposure, and I hope that exposure is being cut. Leon Skum's loss of value in his TSLA shares, by my math, is more than $66B in the past seven weeks. TFB for him...

#7 | Posted by catdog at 2025-03-06 01:04 PM | Reply

FIRE MUSK

#8 | Posted by LegallyYourDead at 2025-03-07 04:19 PM | Reply

Or set him on fire, whatever works.

#9 | Posted by LegallyYourDead at 2025-03-07 04:19 PM | Reply