Each time I see a new article about drop in sales, the percentage is higher. I love it.
I keep thinking it’s same article being reposted before noticing the drop is 10-15% greater than the last time I saw it. I hope he’s kicked from Europe entirely.
I think it’s the first time in my life I routinely check in on the stock value of a company, and it’s pure Schadenfreude.
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Aren’t there alternatives to Paypal, like Wise and Revolut?
Do you need one?
I recently deleted my PayPal account and use a virtual credit card instead.
So far no issues with paying. In the rare case that credit card is not available you can always pay without account in PayPal via credit card.
Often enough the credit card payment still is done through PayPal, though
You went back to the banking industry and you report this event as a good thing?
You are telling me you are paying via PayPal without involving the banking industry?
I have the choice to either tell PayPal and my bank what I’m buying or just my bank. I chose the latter.
Wat? I have one I’m the one that suggested it 💀
A virtual credit card? Is that something your bank offers, or how would one go about getting it?
The reason I originally got PayPal is because many sites don’t accept debet cards so I often had no way to pay at all.
It’s a credit or debit card where you can change the number at any time. Prevents shady online shops from loosing your credit card details. Revolut and N26 offer it for example.
Of course, the shop still has to accept credit/debit cards or you have to go though PayPal as guest.
I see, thanks!
And wero from European paiement initiative that regroup all major french and german bank.
Except in Germany you can chose from like three whole banks that participate
No no way more
Far as I know it’s more of a send money from phone to phone thing for now. My bank supports it, but it’s only an option in the app which I don’t use.
It is especially sad since it was meant to replace giropay, which actually was more like Paypal than wero is.
Let’s hope it is just a matter of time.It will be open later to shop and eshop. Probably around 2026. I saw a élog post about their roadmap.
Germany tries to make one every two years. The newest one is called Wero/kwitt
In Europe, sepa transfers are free and instant transfers will be mandatory free from October.
To pay in e-commerce, revolut has unlimited one-use cards, no need for PayPal.
What’s a sepa transfer
Single Euro Payments Area it’s basically just your regular bank transfer in most of europe.
Google Pay. Wise and Revolut are money wallet + transfer tools.
Ah, I should have read down further. I’ll look those up.
I actively boycott Zuckerberg’s offerings bar WhatsApp coz the bastard bought it out from under us. Fuck him, fuck Meta
Agreed, though I don’t think Thiel is involved in Paypal anymore.
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PayPal was not founded by Musk
He fucking wishes… Just like Trump and his Apprentice bullshit, it’s just part of the mythos that he’s built about himself and people are stupid enough to believe it.
After all, he’s rich so of course he’s smart and successful enough to innovate.
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Please actually read the article
The company was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Fieldlink. Later it was renamed Confinity,[9] a company which developed security software for hand-held devices.[10] When it had no success with that business model, it switched its focus to a digital wallet.[11] The first version of the PayPal electronic payments system was launched in 1999.[12]
In March 2000, Confinity merged with X.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.
Musk founded a company that merged with the company that invented PayPal.
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Is there a Canadian version of paypal that works the same way? I was searching but couldn’t find one and ever since AI came around my business shrank to almost nothing. Also, other than having an old nearly defunct facebook account, what $ would I be unwittingly giving to Zuckerberg? Serious and naïve question.
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Not quite but credit cards and Interac e-Transfer.
PayPal blocked my account in like 2017 or something, never used it again
If you buy a Tesla now, it says something about you as a person…
I bought a Tesla years ago before Elon completely removed the mask.
No way I’d buy one now, but I also don’t want to sell it early and lose a tonne of money.
The Tesla board should intervene and remove him, but they won’t because he’s stacked it with yes men like his brother.
In your defense, back then they were the only EV that wasn’t useless.
I have hated Tesla since day 1, but even still I had to admit that they had the only decent EV drivetrain.
Elon truly is a genius businessman. Letting him run the government is clearly a great idea.
It’s been said more than once, that Musk isn’t an asset to a company but a liability. Tesla didn’t succeed because of Musk but despite him.
I mean he’s become a whole lot richer. Tesla is just a casualty. Why he hasn’t been ousted from the board or sued by investors, I don’t understand.
Lemmy, this is the 7th day in a row you’ve shown “Tesla sales down in Europe” news in Top.
Feel free to post other good news. I’ll be happy to upvote.
You can filter it out if you want. Whenever I read it I get warm fuzzies. It helps me cope.
Doesn’t make my comment not true.
And I don’t filter or block anything or anyone. Rawdogging Lemmy, the way God intended.
So you just like to complain then?
Might be his only joy in life. Let him be, as long as he’s not too rude about it.
There’s no point in blocking everything. I’m interested in what’s happening with Trump and the US, with Tesla, the occasional Linux news, but when my feed is 90% “Why Linux is actually good”, “Musk/Trump bad”, “Tesla shares in EU down again” for the fifth time, it gets annoying. Blocking stuff is too crude a tool.
Let us enjoy our schadenfreude!!
Good.
Say what you will about faceless corps, but toyota won’t send some jackass out a the public face to do sieg hail, and be the gleeful butcher of government programs.
You have to be nestel levels of horrific before it breaks out of the corporate bubble.
I seriously question the mental stability of Tesla shareholders. Why on Earth does that man still have a job?
I’m not even talking about this recent stuff, I’m talking about all the things he’s been doing for the last few years. It would get any normal person fired.
He has family members and toadies on the board
Gone from the coolest car to the most embarrassing, and these people are supposed to be smart.
As a publicly traded US company, can’t the board of directors vote Elon out because of tanking sales? Seems like that’s the only way for the company to survive at this point.
In a normal company they could, but the board are all loyal to him, not the company. Recently they insisted in giving him a 50 BILLION bonus, yes, with B. No chance they will intervene. And putting a puppet CEO like at Twitter won’t have a strong effect either.
Dont know is a normal company…normal company growth big in generations like toyota honda volkwagen bmw…one life time there is a big bubble…also want to act like apple…propiatary stuf… I dont mind tesla for demise
He’ll still retain his shares. Which is the source of his wealth.
For my money I’m going to throw a goddamn party if this cursed stock hits double digits.
Cause everyone at Tesla is a spineless grifter too.
Does that still apply when the CEO is also Emperor of the United States?
Let’s get it to 90%. We can do it.
go big or go home : 100%
You can go to 110% if you burn enough tesla’s
70% is just rookie numbers
Deliver is not the same as sales. They are also launching a new model this summer so people could just be waiting. I know it’s a great news story, Europe bands together against Musk to show dissatisfaction with American politics, but it may not be true. If someone could find Tesla reports that delivers are far lower than expected I will change my mind.
I wanted to find their predictions for production in Q1 2025 to see if they planned for less deliveries before all this Musk hit the news cycle. The closest I got as 2024 Q2 production numbers. https://ir.tesla.com/press-release/tesla-vehicle-production-deliveries-and-date-financial-results-webcast-second-quarter-2024
Yeah I’ll believe it when I see the trend last more than a month or 2
I mean… why wouldn’t all that is happening not have a effect on sales? Musk is the face of Tesla and Musks image has totally gone downhill for lots of people. He’s gone from “techbro genius” to “fascist” in a few months (!) in the public image and there is really not reason to doubt, that this won’t have an effect on sales.
The only creatures that should buy a Tesla are from the fucking AfD.
Lol definitely won’t, they’re super anti-EV after all. I mean, they even want to get rid of all wind power plants. xD
This is why I wouldn’t put it past them to try to hide the real sales numbers. Wouldn’t surprise me if they’re down 90+ percent and the company is effectively dead already. The board of directors are Elon’s creatures and their personal wealth will depend on keeping the facade (and stock price) up so they aren’t about to cry foul.
I live in one of the Eastern countries and surprisingly most tesla owners I see on the street are from Ukraine. We don’t even have developed infrastructure to use that car.
Because only rich Ukranians could afford them, and the rich ones fled Ukraine when the war kicked up.
And those from the fucking UK apparently.
Very similar though - just waiting for them to elect farage to gut UK public services.
Tesla is a meme stock in the disguise of a car company. It being down 30% means little, if anything volatility is good for big market players. Allows them to fleece more people. In a month Trump will announce a big tesla contract and it’ll go back up.
Or so I tell myself because pessimism is easier to live with.
Beautiful news.
Brings a tear of joy.
Music to my ears.
Well I don’t want to celebrate in advance, Model Y facelift just released, let’s hope this trend continues and doesn’t show a reversal.
