Earlier quoted context omitted.
Those are sequential sales. YoY BYD is up 13%. TSLA sales are down sequentially but more relevantly also YoY.
Article says they’re still up year over year > 431,000 deliveries would still be a small growth year-over-ear[sic]
Tesla releases Q1 2024 deliveries: disastrous results
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Re: Tesla releases Q1 2024 deliveries: disastrous results
#22i hope elon's behavior is part of the drop in demand. i'm afraid it is mostly economic though.
It’s not great when your customers are embarrassed to be seen driving the car you made.
Re: Tesla releases Q1 2024 deliveries: disastrous results
#23I'm not convinced that electric cars are going to be mainstream, apart at the high end, for a few decades.
Re: Tesla releases Q1 2024 deliveries: disastrous results
#24Earlier quoted context omitted.
I shared this in my other comment, but there is some support for that notion: https://www.reuters.com/business/autos-transportation/would-...
great article. i have a tesla -- it is a great car. i regret that elon is such an awful person and i will definitely look elsewhere before buying another. at least as long as he's involved.
Re: Tesla releases Q1 2024 deliveries: disastrous results
#25Re: Tesla releases Q1 2024 deliveries: disastrous results
#26Maybe we're getting to saturation in early adopter market? Looking around, there are a lot of folks who could not easily live with a BEV, i.e. live in apartment buildings or don't have an easy way to install L2 charging at home.
Re: Tesla releases Q1 2024 deliveries: disastrous results
#27top down government technology mandates never work. the early adopters and rich california folks all already have EVs. normal people don’t want them toyota was right and that’s why i got their hybrid vehicle instead of an EV
Re: Tesla releases Q1 2024 deliveries: disastrous results
#28Interest 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.
At those prices I'm not sure how they aren't selling more cars. For the amount of range and functionality you get, that kind of deal blows the competition out of the water; no other EV I'm aware of comes close. (That said, I have no idea if they still made much of a profit off that car or if they were just desperate to clear out space.)
Re: Tesla releases Q1 2024 deliveries: disastrous results
#29This may be related as well, in a smaller way: https://www.reuters.com/business/autos-transportation/would-...
I have a Tesla Model 3 right now and it's my favorite car ever, by far, but I also will be unlikely to buy another tesla. It's not the same company as six years ago.
Re: Tesla releases Q1 2024 deliveries: disastrous results
#30Earlier quoted context omitted.
It's a global issue. Even BYD's sales crashed by almost 50% [0] [0] - https://www.reuters.com/business/autos-transportation/byd-ma...
Those are sequential sales. YoY BYD is up 13%. TSLA sales are down sequentially but more relevantly also YoY.