Elon Musk "doing a Ratner". 94% of Germans will not buy a Tesla.

[Gerald Ratner] added: 'We sold a pair of earrings for under £1, which is cheaper than a shrimp sandwich from Marks and Spencer, but probably wouldn't last as long.' It became known as 'doing a Ratner' and still serves as a warning for top chief executives to this day.

https://www.thisismoney.co.uk/money/markets/article-9505003/Gerald-Ratner-reeling-30-years-gaffe.html

https://electrek.co/2025/03/14/tesla-is-done-in-germany-94-say-they-wont-buy-a-tesla-car/

#FuckElon #elon #ratner

Gerald Ratner still reeling 30 years on from gaffe

Ratner inherited the business from his father and built it into multi-billion-pound empire, with 2,500 stores. But after his infamous speech, the share price tanked.

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