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
The point of EV's was to save the climate, not protect US automakers.
@tatata1543
27 күн бұрын
The point of them was to make money.
@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.
Sorrry but my economic security has nothing to do with Tesla sales in europe
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
27 күн бұрын
The Bolt isn't discontinued, it is coming back in a few months
@nbagoats4819
16 күн бұрын
@@PeterSedesse The Chevy Volt is discontinued.
@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.
Lol Volvo is Chinese now
@jks1311
27 күн бұрын
Volvo Car Group is owned by Zhejiang Geely Holding of China
Let's interview the board member from GM. He couldn't be biased in his view and statements at all lol
in the US, people of the Blue political persuasion are turning away in droves from Tesla.
No one ever wants a equinox 😂
What a clown he is on the gm board slandering Tesla
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.
There's no competition for Tesla! Only corporate buying the competitors. 😢
@magnum-kj5ip
27 күн бұрын
You have zero knowledge on this topic. Thanks for letting us know in two sentences.
@joka5345
27 күн бұрын
Let me buy byd 10k car
@greenearth9945
14 күн бұрын
Maybe not in the US but in EU, lots of competition
😂😂😂Tesla model Y was the Best selling carmodel on planet Earth in year 2023 ‼️‼️😂😂
@brunoheggli2888
27 күн бұрын
Wrong!
@TheMagicJIZZ
27 күн бұрын
@@brunoheggli2888 it's true?
@eduardohierro6086
27 күн бұрын
No ❤
@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
Do you think Revux will pump before XRP?
PHEVs eliminates range anxiety & charge times, reduces emissions, and avoids massive charging infrastructure investment.
The Berlin plant should make the model 3 and whatever the cheaper model is called
@wrslss
27 күн бұрын
If the wacko enviro's will let them./
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.
Who could compete with China in EV?
@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.
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).
I only invest in presales, biggest returns. That is why I love Revux. The key is to get in early guys.
The reason I got revux is because I believe decentralization is more important than anything else.
Every new partnership announcement gets me more excited about Revux!
My top picks for bull run are DOT, FIL, and SOL. And best ICO to invest is Revux, huge potential.
If climate change is so critical, why is china subsidising companies wrong? Why?
Excited to see how Revux will disrupt the payment industry. Huge potential, and still in presale phase!
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
26 күн бұрын
CyberTruck! Semi?😊
@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
No more FOMO for me - I'm all in on Revux!
Love the politics and advertisement for GM
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
27 күн бұрын
Exactly. Just like Boston Dynamics is a Korean company and not American as many people seem to believe.
@Agent77X
26 күн бұрын
Does not matter where it made, as long it not a Tesla brand car!😮
@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.
FOMO kicking in as Revux partners with more and more merchants. Bullish!
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.
blue zipcodes ? what this even mean
Dude, you need to get Revux NOW!
Clearing out all my Alts going into BTC and Revux only, maybe a little BNB and SOL
I think Tesla needs to lower prices to compete
@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.
Are you freakin kidding me? At these ultra low prices, they are practically giving away Tsla shares. Buy buy buy you fools.
@jks1311
27 күн бұрын
still too expensive
@donkeychan491
27 күн бұрын
The smart money says this thing is going below $50
@TashiTsering-jw9ek
27 күн бұрын
MSM trashing/trolling Tesla is coward & pathetic approach.
@RichardKing-sx6xc
27 күн бұрын
$TSLA LOOOOOOOOOOING!!! 😎👍
@joka5345
27 күн бұрын
Pump pump pump
I believe Revux token will go 100x after launch on Binance
DO NOT roll out a GM/ CRUISE BOARD MEMBER TO TALK ABOUT TESLA.
BYD is Chinese. Stop saying BYD is a competition against China.
Forget the rest, Revux is where it's at. Potential moonshot!
This I predicted last year....people there drive on lp gas...they don't need tesla...it won't be only tesla
I wanted to purchase a car from Tesla ,i wanted to exchange with gold but they refused because i was from Africa
why the united states give subsidies so people in usa can get a good car with lowe prices
Tesla will dominate forever!
So bottom-line guys, whoever is in Tesla because of the cars, just sell!
Unlimited demand I was told!!!
Problem is Tesla all look the same. exept the truck. need new designs offerings and better pricing.
@TheMagicJIZZ
27 күн бұрын
The model 3 performance is super cheap
This Jon is funny..
Maybe Tesla could try introducing some new models? - radical concept :-)
@AR-rn8ok
27 күн бұрын
Elon is holding them hostage until he gets a new comp plan.
Yes protect from American companies using cheap labor. Oh no that's okay, it's only the Chinese right?
Tesla will crush it
Tesla was nothing but an apple on wheels.
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
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
27 күн бұрын
Agree but they will vote so let's see .. .
@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
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
26 күн бұрын
@@tatata1543 he has to hold all the shares for five years. lotsa basic details never making it to the hate headlines.
poor lil elon baby boy
Because TSLA needs to improve its quality of paint!!!!!!!
@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
27 күн бұрын
Suspension is bad too
@mikafiltenborg7572
27 күн бұрын
😂😂😂😂Tesla model Y was the Best selling carmodel on planet Earth in year 2023 ‼️‼️‼️😆👍
Yeah right 😂
wow that guy is a clown just boggles the mind that you would bother to interview him
*GM!!!* 😆😅🤣😂
Tesla car business look somewhere else and so goes his autonomous business.
Tesla stopped innovating and will pay the price
@AR-rn8ok
27 күн бұрын
U should short tesla and get rich.go ahead and let me know how it goes!🤣
Not going to listen to a dude that works at or with GM. I call BS
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
Haha! Tesla haters
In order for Tesla to survive, Elmo will have to be put on a rocket ship for a one way trip to Mars.
BYD>Tesla
GM is so trash
The reason I got revux is because I believe decentralization is more important than anything else.
FOMO kicking in as Revux partners with more and more merchants. Bullish!