Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Tesla releases Q1 2024 deliveries: disastrous results

electrek.co

Post reply on HN
Print view View original

61–70 of 312 posts

Re: Tesla releases Q1 2024 deliveries: disastrous results

#61

Post by olivermuty »

hibikir wrote: post #43

I could see this coming weeks ago: My local dealer was cold-calling existing owners to try to get them to buy the updated model 3, which isn't a very significant update at all. They had a bunch on the lot that weren't selling. We can also see the promotion of a free trial for self-driving as a response to this too: Hoping some people bite after trying it out. Whether that happens, or we just see more videos of failed…

Isn’t Teslas whole schtick that they are dealer-free? Where is this? Is it a franchise?

Re: Tesla releases Q1 2024 deliveries: disastrous results

#62

Post by kylecordes »

hibikir wrote: post #43

I could see this coming weeks ago: My local dealer was cold-calling existing owners to try to get them to buy the updated model 3, which isn't a very significant update at all. They had a bunch on the lot that weren't selling. We can also see the promotion of a free trial for self-driving as a response to this too: Hoping some people bite after trying it out. Whether that happens, or we just see more videos of failed…

It seems like Tesla should focus on updating the Model Y, which is by far their best-selling model, instead of the 3. The typical US consumer is not all that excited about sedans anyway.

Re: Tesla releases Q1 2024 deliveries: disastrous results

#63

Post by coldpie »

efrafa wrote: post #44
ddoolin wrote: post #7

This may be related as well, in a smaller way: https://www.reuters.com/business/autos-transportation/would-...

I wanted a Tesla, but I couldn’t inage buying one with Musk as CEO.

Yeah. Ten years ago it was the cool, new brand. Now it's what you buy when you want to rep an insane drug addict transphobe's fall from grace.

I'm looking to buy a Hyundai later this year.

Re: Tesla releases Q1 2024 deliveries: disastrous results

#65

Post by MisterBastahrd »

Tesla's target consumer is not the sort of person who shares Musk's personal or political views. Add the facts that you can't even be sure what you're going to get when you buy one of their cars, that the company has constantly overpromised and underdelivered, interest rates are high, and there's simply more competition in the electric space... why buy a Tesla?

Aside from all of that, Musk's views on his expectations from employees alone would have been enough to turn me off from ever purchasing one of those cars.

Re: Tesla releases Q1 2024 deliveries: disastrous results

#66

Post by MrMan »

denysvitali wrote: post #35
ddoolin wrote: post #7

This may be related as well, in a smaller way: https://www.reuters.com/business/autos-transportation/would-...

> It's very likely that Musk himself is contributing to the reputational downfall This. I really like Tesla as a brand, but Musk should really stop over-promising and under-delivering. Their technology is really good, but far away from the promises of their CEO.

[dead]

Re: Tesla releases Q1 2024 deliveries: disastrous results

#67

Post by Difwif »

denysvitali wrote: post #35
ddoolin wrote: post #7

This may be related as well, in a smaller way: https://www.reuters.com/business/autos-transportation/would-...

> It's very likely that Musk himself is contributing to the reputational downfall This. I really like Tesla as a brand, but Musk should really stop over-promising and under-delivering. Their technology is really good, but far away from the promises of their CEO.

Elon has always done that during the time Tesla was gaining popularity. It seems somewhere between pedo-diver and Twitter take over his public perception started taking a nose dive. I agree though I still want to see Tesla succeed.

Re: Tesla releases Q1 2024 deliveries: disastrous results

#68

Post by ChumpGPT »

nixgeek wrote: post #42

Some friends bought a Model X about six months ago, spending over $100k — that’s down from the almost $150k that Tesla was demanding a couple years ago when we bought one (and both were fairly fully loaded). First, my experience 2 years ago was the A/C compressor was so loud that during summer with cooling running at maximum, you couldn’t hold a conversation in the cabin because of the noise. Tesla investigated and e…

You're not buying quality when you buy Tesla, you're buying fashion. if you want quality buy a Toyota/Lexus.

Re: Tesla releases Q1 2024 deliveries: disastrous results

#69

Post by silverquiet »

toomuchtodo wrote: post #48
silverquiet wrote: post #46

Earlier quoted context omitted.

Do you think that maybe a $40K car is a fairly large amount of money for a lot of people?

Average price of a new car in the US is ~$47k as of February 2024.

I'd be curious if the median price is a bit lower, but perhaps we're finding that that average price is not sustainable?

Re: Tesla releases Q1 2024 deliveries: disastrous results

#70

Post by PheonixPharts »

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.

> Interest rates and vehicle prices too high, must come down

I'm still a bit surprised how many people, even professionals in the lending space, hold this view that "interest rates must fall!"

We're still relatively low for federal interest rate[0]. Near zero interest rates are not sustainable long term and have lead to a tremendous asset bubble we're still just figuring out the consequences of.

It's a bit frightening that the only solution most companies have to improving their future out look boils down to "wait for rates to drop".

I suspect even if rates do drop again, it will be only for a brief while before it becomes clear that "print free money!" is not a long term viable economic strategy.

0. https://fred.stlouisfed.org/series/FEDFUNDS

Post reply on HN