Tesla releases Q1 2024 deliveries: disastrous results

Post by testbf » Tue, Apr 02, 2024, 2:34 PM UTC

Post by alephnerd » Tue, Apr 02, 2024, 2:43 PM UTC

toomuchtodo wrote: post #3

Interest rates and vehicle prices too high, must come down to expand TAM. Future benchmark rate cuts should improve affordability (most people finance and buy a payment), but Tesla will need to navigate burn rate until central bank pivots.

Post by ayan » Tue, Apr 02, 2024, 2:44 PM UTC

Post by [deleted] » Tue, Apr 02, 2024, 2:44 PM UTC

alephnerd wrote: post #4

toomuchtodo wrote: post #3

Interest rates and vehicle prices too high, must come down to expand TAM. Future benchmark rate cuts should improve affordability (most people finance and buy a payment), but Tesla will need to navigate burn rate until central bank pivots.

It's a global issue. Even BYD's sales crashed by almost 50% [0] [0] - https://www.reuters.com/business/autos-transportation/byd-ma...

Post by gwill » Tue, Apr 02, 2024, 2:45 PM UTC

leosanchez wrote: post #5

testbf wrote: post #2

Well I’m a Tesla employee and I started looking for a new job today. There’s a lot of smart people who see where this is going.

What happened?