Why Tesla is losing share in Europe

Jon McNeill, DVx Ventures CEO and former Tesla president, joins CNBC's 'Squawk on the Street' to discuss Tesla's weak Europe sales, the company's competition with China EV makers, CEO Elon Musk's outlook on autonomous vehicles, and more.

Пікірлер: 135

  • @RBLXGaming23
    @RBLXGaming2327 күн бұрын

    The point of EV's was to save the climate, not protect US automakers.

  • @tatata1543

    @tatata1543

    27 күн бұрын

    The point of them was to make money.

  • @pjeverly

    @pjeverly

    27 күн бұрын

    If the point of EV's is to save the planet and the byproduct is to wipe out the US auto industry, maybe that should be discussed with the public with more clarity. This is a forced transition, not market driven. So the government is paying people to put the US auto industry out of business and raise everyone's cost of literally everything as everything is transported. I don't really care what powers my car, but this multi trillion dollar plan is not well thought out.

  • @teebone2157
    @teebone215727 күн бұрын

    Sorrry but my economic security has nothing to do with Tesla sales in europe

  • @AndrewTran-bleh
    @AndrewTran-bleh27 күн бұрын

    Bruh the Equinox EV is 42k, unless Jon is giving each of us 5k how can we get a less-than-30k car from Chevy anymore after the Bolt is discontinued?

  • @PeterSedesse

    @PeterSedesse

    27 күн бұрын

    The Bolt isn't discontinued, it is coming back in a few months

  • @nbagoats4819

    @nbagoats4819

    16 күн бұрын

    @@PeterSedesse The Chevy Volt is discontinued.

  • @PeterSedesse

    @PeterSedesse

    16 күн бұрын

    @@nbagoats4819 In January 2024, General Motors (GM) CEO Mary Barra announced that the automaker plans to bring back plug-in hybrid powertrains to some vehicles in North America, including the Chevy Volt.

  • @warmpi
    @warmpi27 күн бұрын

    Lol Volvo is Chinese now

  • @jks1311

    @jks1311

    27 күн бұрын

    Volvo Car Group is owned by Zhejiang Geely Holding of China

  • @natestrades
    @natestrades27 күн бұрын

    Let's interview the board member from GM. He couldn't be biased in his view and statements at all lol

  • @DanL57
    @DanL5727 күн бұрын

    in the US, people of the Blue political persuasion are turning away in droves from Tesla.

  • @user-bs2sd3dh8q
    @user-bs2sd3dh8q27 күн бұрын

    No one ever wants a equinox 😂

  • @shawnp.2084
    @shawnp.208427 күн бұрын

    What a clown he is on the gm board slandering Tesla

  • @jeffjenkins7979
    @jeffjenkins797927 күн бұрын

    The equinox is not profitable yet, GM loses money on every car sold. I would not buy GM stock for another year or two. Remember this is CNBC advocating foe GM.

  • @DG-hw8it
    @DG-hw8it27 күн бұрын

    There's no competition for Tesla! Only corporate buying the competitors. 😢

  • @magnum-kj5ip

    @magnum-kj5ip

    27 күн бұрын

    You have zero knowledge on this topic. Thanks for letting us know in two sentences.

  • @joka5345

    @joka5345

    27 күн бұрын

    Let me buy byd 10k car

  • @greenearth9945

    @greenearth9945

    14 күн бұрын

    Maybe not in the US but in EU, lots of competition

  • @mikafiltenborg7572
    @mikafiltenborg757227 күн бұрын

    😂😂😂Tesla model Y was the Best selling carmodel on planet Earth in year 2023 ‼️‼️😂😂

  • @brunoheggli2888

    @brunoheggli2888

    27 күн бұрын

    Wrong!

  • @TheMagicJIZZ

    @TheMagicJIZZ

    27 күн бұрын

    ​@@brunoheggli2888 it's true?

  • @eduardohierro6086

    @eduardohierro6086

    27 күн бұрын

    No ❤

  • @greenearth9945

    @greenearth9945

    14 күн бұрын

    And now their sales are down by 32% yoy in Europe despite price drops and overall EV sales crossing the 50% mark

  • @ISRAK_MALEK
    @ISRAK_MALEK27 күн бұрын

    Do you think Revux will pump before XRP?

  • @ariso
    @ariso24 күн бұрын

    PHEVs eliminates range anxiety & charge times, reduces emissions, and avoids massive charging infrastructure investment.

  • @TheMagicJIZZ
    @TheMagicJIZZ27 күн бұрын

    The Berlin plant should make the model 3 and whatever the cheaper model is called

  • @wrslss

    @wrslss

    27 күн бұрын

    If the wacko enviro's will let them./

  • @gloriajaimesa2811
    @gloriajaimesa281127 күн бұрын

    Brand issue, glad it's clear now. Somewhat delighted that consumers leave Musk for a little while. Competition is on ! Tesla share will go down to less than 25% in a rapid fashion.

  • @reggie2261
    @reggie226127 күн бұрын

    Who could compete with China in EV?

  • @pjeverly

    @pjeverly

    27 күн бұрын

    No one. The US basically greenlit the all in Chinese EV market. They saw the opportunity to take over the worlds transportation and energy market. And they are doing very well. The US is getting played.

  • @hankmoody7521
    @hankmoody752127 күн бұрын

    Wow yes really huge registration numbers by BYD in Europe this year so far. Automotive News Europe based on Dataforce numbers is reporting 10,147 BYD registrations Jan-Apr... wow. Tesla deliveries are flat lining this year so far - overall Tesla sales are down about by 5% this year in Europe (Jan-Apr 100k). Overall leading car sales in Europe is VW group with 1.1M sales (Jan-Apr).

  • @pravin0389
    @pravin038927 күн бұрын

    I only invest in presales, biggest returns. That is why I love Revux. The key is to get in early guys.

  • @Jaspreetsingh-zw4ke
    @Jaspreetsingh-zw4ke27 күн бұрын

    The reason I got revux is because I believe decentralization is more important than anything else.

  • @AbidaBegum-xt6xm
    @AbidaBegum-xt6xm27 күн бұрын

    Every new partnership announcement gets me more excited about Revux!

  • @sarithasuresh6534
    @sarithasuresh653427 күн бұрын

    My top picks for bull run are DOT, FIL, and SOL. And best ICO to invest is Revux, huge potential.

  • @minghengtan
    @minghengtan27 күн бұрын

    If climate change is so critical, why is china subsidising companies wrong? Why?

  • @samargamer2889
    @samargamer288927 күн бұрын

    Excited to see how Revux will disrupt the payment industry. Huge potential, and still in presale phase!

  • @leechen7235
    @leechen723527 күн бұрын

    Jensen delivers result, Elon delivers religion, hype, dream and promises. Elon created an EV industry, that is his legacy; unfortunately Elon is going to lose his EV sales, Tesla products has been boring and no new products since 2017. It needs to send his engineering team to China to learn the true hard-core engineering, Chinese top rivals refresh their products every 2 to 3 years. FSD is not better than Huawei, Xpeng autonomous driving, I said it from my personal experience.

  • @Agent77X

    @Agent77X

    26 күн бұрын

    CyberTruck! Semi?😊

  • @greenearth9945

    @greenearth9945

    14 күн бұрын

    ​@@Agent77Xsemi is still pilot production and CT is two years too late. Model Y is a 7 year old platform ans the S and X is 12 years old. Tesla is boring and slow

  • @_parth_gaming94
    @_parth_gaming9427 күн бұрын

    No more FOMO for me - I'm all in on Revux!

  • @woodswoods7621
    @woodswoods762126 күн бұрын

    Love the politics and advertisement for GM

  • @andrerodriguez7603
    @andrerodriguez760327 күн бұрын

    Scandinavian auto maker like Volvo. Hmm, Volvo is owned by Geely of China who makes all the EVs for Volvo. I would differ on Volvo being a Scandinavian company.

  • @fredrik3685

    @fredrik3685

    27 күн бұрын

    Exactly. Just like Boston Dynamics is a Korean company and not American as many people seem to believe.

  • @Agent77X

    @Agent77X

    26 күн бұрын

    Does not matter where it made, as long it not a Tesla brand car!😮

  • @andrerodriguez7603

    @andrerodriguez7603

    26 күн бұрын

    @@Agent77X wow! Another tesla hater. Why do you hate Tesla the most American made car by hard working young Americans? Is it because of Elon Musk. If so I can see that.

  • @spstatus916
    @spstatus91627 күн бұрын

    FOMO kicking in as Revux partners with more and more merchants. Bullish!

  • @coolco1619
    @coolco16193 күн бұрын

    What! Is he actually saying there a high amount of competitors in Europe?? Like which brands? Only one is BYD and hardly no one else. No wonder this guy is sacked from Tesla board.

  • @georgesamaras2922
    @georgesamaras292226 күн бұрын

    blue zipcodes ? what this even mean

  • @sunilmajhi7434
    @sunilmajhi743427 күн бұрын

    Dude, you need to get Revux NOW!

  • @tigergemi
    @tigergemi27 күн бұрын

    Clearing out all my Alts going into BTC and Revux only, maybe a little BNB and SOL

  • @lppoqql
    @lppoqql27 күн бұрын

    I think Tesla needs to lower prices to compete

  • @williamrogers1219

    @williamrogers1219

    19 күн бұрын

    They already have a Model Y with the $7.5k rebate at the point of sale, less than a high-end Honda CR-V, with much better technology and a vehicle that will improve its functions over time through over-the-air updates. For example, one can buy a 2017 Tesla with HW3 and have the same functionality as a new Tesla with HW4.

  • @harrychu650
    @harrychu65027 күн бұрын

    Are you freakin kidding me? At these ultra low prices, they are practically giving away Tsla shares. Buy buy buy you fools.

  • @jks1311

    @jks1311

    27 күн бұрын

    still too expensive

  • @donkeychan491

    @donkeychan491

    27 күн бұрын

    The smart money says this thing is going below $50

  • @TashiTsering-jw9ek

    @TashiTsering-jw9ek

    27 күн бұрын

    MSM trashing/trolling Tesla is coward & pathetic approach.

  • @RichardKing-sx6xc

    @RichardKing-sx6xc

    27 күн бұрын

    $TSLA LOOOOOOOOOOING!!! 😎👍

  • @joka5345

    @joka5345

    27 күн бұрын

    Pump pump pump

  • @rajukadam1233
    @rajukadam123327 күн бұрын

    I believe Revux token will go 100x after launch on Binance

  • @rogerstarkey5390
    @rogerstarkey539026 күн бұрын

    DO NOT roll out a GM/ CRUISE BOARD MEMBER TO TALK ABOUT TESLA.

  • @judahdatoy6134
    @judahdatoy613425 күн бұрын

    BYD is Chinese. Stop saying BYD is a competition against China.

  • @MangalTiu-es4dw
    @MangalTiu-es4dw27 күн бұрын

    Forget the rest, Revux is where it's at. Potential moonshot!

  • @janosik150
    @janosik15027 күн бұрын

    This I predicted last year....people there drive on lp gas...they don't need tesla...it won't be only tesla

  • @Kendrick-dk8mz
    @Kendrick-dk8mz20 күн бұрын

    I wanted to purchase a car from Tesla ,i wanted to exchange with gold but they refused because i was from Africa

  • @Politicalchaoss
    @Politicalchaoss27 күн бұрын

    why the united states give subsidies so people in usa can get a good car with lowe prices

  • @woodswoods7621
    @woodswoods762126 күн бұрын

    Tesla will dominate forever!

  • @syedarmaghanhassan4652
    @syedarmaghanhassan465226 күн бұрын

    So bottom-line guys, whoever is in Tesla because of the cars, just sell!

  • @sirus312
    @sirus31227 күн бұрын

    Unlimited demand I was told!!!

  • @fast4oward922
    @fast4oward92227 күн бұрын

    Problem is Tesla all look the same. exept the truck. need new designs offerings and better pricing.

  • @TheMagicJIZZ

    @TheMagicJIZZ

    27 күн бұрын

    The model 3 performance is super cheap

  • @cakeismtrader4227
    @cakeismtrader422727 күн бұрын

    This Jon is funny..

  • @donkeychan491
    @donkeychan49127 күн бұрын

    Maybe Tesla could try introducing some new models? - radical concept :-)

  • @AR-rn8ok

    @AR-rn8ok

    27 күн бұрын

    Elon is holding them hostage until he gets a new comp plan.

  • @wealthymindset6021
    @wealthymindset602127 күн бұрын

    Yes protect from American companies using cheap labor. Oh no that's okay, it's only the Chinese right?

  • @judahdatoy6134
    @judahdatoy613425 күн бұрын

    Tesla will crush it

  • @nbagoats4819
    @nbagoats481916 күн бұрын

    Tesla was nothing but an apple on wheels.

  • @tatata1543
    @tatata154327 күн бұрын

    It’s a bizarre situation where a company implementing massive layoffs and suffering from falling sales is having a vote about handing a part time CEO a $46bn payout.

  • @TheMagicJIZZ

    @TheMagicJIZZ

    27 күн бұрын

    It's got lower sales so removing employees makes sense for the bottom and top line Plus that pay package was already awarded in 2018 and it's only 5.9 billion based on 2018 market cap Only given in full in 2033

  • @fredrik3685

    @fredrik3685

    27 күн бұрын

    Agree but they will vote so let's see .. .

  • @power2me1

    @power2me1

    26 күн бұрын

    It's an agreement from 2018, he already earned it by 10x revenue and 10x stock price. People who welch on deals are total losers.

  • @tatata1543

    @tatata1543

    26 күн бұрын

    @@power2me1 I hope he does get it and cashes a fair part of it in (he is going to need money to hold off the banks looking for payments on the Twitter loans) and in the process screws the people pushing him to get his payment. Why do you think the institutional investors view this with horror? They see what he is up to.

  • @power2me1

    @power2me1

    26 күн бұрын

    @@tatata1543 he has to hold all the shares for five years. lotsa basic details never making it to the hate headlines.

  • @eh7599
    @eh759927 күн бұрын

    poor lil elon baby boy

  • @ThuDo-qn3rm
    @ThuDo-qn3rm27 күн бұрын

    Because TSLA needs to improve its quality of paint!!!!!!!

  • @thomaskim3128

    @thomaskim3128

    27 күн бұрын

    Not just paint. Tesla’s fit and finish is worse than a Hyundai. It is fun to drive but the fit and finish quality is third rated.

  • @livetolearn2022

    @livetolearn2022

    27 күн бұрын

    Suspension is bad too

  • @mikafiltenborg7572

    @mikafiltenborg7572

    27 күн бұрын

    😂😂😂😂Tesla model Y was the Best selling carmodel on planet Earth in year 2023 ‼️‼️‼️😆👍

  • @acs2777
    @acs277727 күн бұрын

    Yeah right 😂

  • @roger_is_red
    @roger_is_red21 күн бұрын

    wow that guy is a clown just boggles the mind that you would bother to interview him

  • @RichardKing-sx6xc
    @RichardKing-sx6xc27 күн бұрын

    *GM!!!* 😆😅🤣😂

  • @unclejoe8279
    @unclejoe827927 күн бұрын

    Tesla car business look somewhere else and so goes his autonomous business.

  • @wealthymindset6021
    @wealthymindset602127 күн бұрын

    Tesla stopped innovating and will pay the price

  • @AR-rn8ok

    @AR-rn8ok

    27 күн бұрын

    U should short tesla and get rich.go ahead and let me know how it goes!🤣

  • @Tao818
    @Tao81826 күн бұрын

    Not going to listen to a dude that works at or with GM. I call BS

  • @milleddtube8755
    @milleddtube875526 күн бұрын

    Simple , Tesla is like an iPhone. The others are like a galaxy phone . Most trends start in the USA than the others catch up . Tesla is #1 and will be for a Very very very very very very long time

  • @woodswoods7621
    @woodswoods762126 күн бұрын

    Haha! Tesla haters

  • @DanL57
    @DanL5727 күн бұрын

    In order for Tesla to survive, Elmo will have to be put on a rocket ship for a one way trip to Mars.

  • @anuragsinha2013
    @anuragsinha201327 күн бұрын

    BYD>Tesla

  • @woodswoods7621
    @woodswoods762126 күн бұрын

    GM is so trash

  • @MithunMahato-ex3ws
    @MithunMahato-ex3ws27 күн бұрын

    The reason I got revux is because I believe decentralization is more important than anything else.

  • @Ark-Gaming.48
    @Ark-Gaming.4827 күн бұрын

    FOMO kicking in as Revux partners with more and more merchants. Bullish!