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Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

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Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#161

Post by mrguyorama »

tw04 wrote: post #151
SoftTalker wrote: post #39

Earlier quoted context omitted.

I think it's more simply that the market of people who want an EV and can afford a Tesla is now saturated.

Perhaps if they had delivered a cheaper Tesla instead of a robotaxi that nobody asked for, won’t meet the needs of 90% of people wanting a taxi, and isn’t anywhere near ready to operate on public roads, the market would have expanded.

How about instead we offer you a $100k "truck" that can't do basic truck things, misses every single claimed feature, and has such poor basic engineering competency that it had at least one whistleblower?

Oh and it's stupid ugly as well.

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#162

Post by meta_x_ai »

avgDev wrote: post #37
meta_x_ai wrote: post #27

Earlier quoted context omitted.

[flagged]

The wealth inequality is growing in the US, while lower class is struggling. The kind of wealth Musk, Bezos, Gates have should be taxed a lot higher. They have teams searching for loop holes. The system is unfair for the average guy. How did ALL federal agencies target musk? He is literally getting funding from the government.

[flagged]

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#163

Post by FloorEgg »

benjaminwootton wrote: post #43
avgDev wrote: post #16

It is only going to get worse for Tesla. Musk went all in extreme right-wing. Even though most "green" buyers are left leaning. I started disliking Musk after his pedo comments in regards to the cave rescuers. The smart/geeky/techy guy is a facade. I mainly would not consider Tesla because of Musk. The poor build quality just reinforces that stance.

I'm not really anti Elon, in fact I agree with a lot of what he says, but I just cannot get over that paedo comment. That said a lot about his character.

100% same re the pedo tweet.

Though sometimes I remember how just about everyone in my life that I love, respect and have spent a lot of time with has said something stupid, insecure, distasteful or offensive at some point. Everyone makes mistakes and says or does something out of character when they are at their worst. The difference with Elon is that so much of what he says is so public.

Some of my friends who are extremely anti-Elon biased will say things like " as a CEO of a company he shouldn't be so public about his opinions", and I don't get why they feel that way. I ask inquisitively and I never get a clear logical answer that doesn't resemble something like "because I don't like his opinions".

However, as far as I can tell their opinions of his opinions is based on some article they read, and not from a long-form conversation or statement where all the nuance and context of his opinions is included.

It seems like people's opinion of Elon has everything to do with what information they have, and what information they have has everything to do with where they are getting it. Some people have listened to the podcast interviews Elon has been on and have a more in-depth grasp of his stances on things with all the nuance, and some people only read articles about an outrageous tweet he made. If you only get one or the other of these channels of information, you will have very different perspectives on him.

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#164

Post by KerrAvon »

JumpCrisscross wrote: post #85
avgDev wrote: post #81

Earlier quoted context omitted.

I don't think Tesla can get rid of Musk. If investors saw Tesla as just a car company the stock would collapse. Musk keeps making promises and breaking them, but it seems to pump the stock thus far.

> don't think Tesla can get rid of Musk They can't and they shouldn't. Tesla has a solid business. It just looks like it may have capped out its growth prospects in the U.S. and Europe. (In vehicles.)

Tesla is certainly a solid memestock. It’s hard to say whether they have a solid business. If they dumped Musk, the stock would crash and they would have to install competent governance instead of continuously gaming the system. But that would be a better outcome for consumers.

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#165

Post by solardev »

i80and wrote: post #93
lolinder wrote: post #65

Earlier quoted context omitted.

Not to mention that even if you can afford a Tesla, my understanding is that the non-Tesla market has just gotten much better than it was over the last few years.

For a while, if you wanted a long range EV you could actually cross the country with, Tesla was it. That's just not true anymore -- I'm coming up on year three with my non-Tesla, and it's been perfect, road trips and all. Tesla still has its brand recognition and inertia in its favor, but it's tougher for them when you can get equally good if not better cars elsewhere.

May I ask what kind of car it is and where the road trips are from/to?

The last time I rented an EV in the SF Bay Area (a year or two ago, a Leaf), I had trouble even finding enough charging stations just to get around the area, like from SF to the South Bay and then to Santa Cruz. The few chargers I did find had several broken stations, multiple people waiting in line for the one working one, and it was very expensive. We wasted hours of time on that experience.

Has it gotten significantly better since then?

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#167

Post by ashoeafoot »

camhart wrote: post #64
SoftTalker wrote: post #39

Earlier quoted context omitted.

I think it's more simply that the market of people who want an EV and can afford a Tesla is now saturated.

I'd argue inflation and high interest rates have a large impact too. When every day necessities (shelter, food, healthcare, education) are +30% at a minimum, there's not a lot leftover for fancy cars for most Americans.

Economic self strangulation induced via the wealth gap. Its going to be economically impossible to build anything but luxury shoes next.

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#168

Post by dang »

LightBug1 wrote: post #127
FloorEgg wrote: post #52

Earlier quoted context omitted.

[flagged]

[flagged]

Could you please stop posting unsubstantive comments and flamebait? You've unfortunately been doing it repeatedly. It's not what this site is for, and destroys what it is for.

If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#169

Post by solardev »

light_hue_1 wrote: post #75
SoftTalker wrote: post #39

Earlier quoted context omitted.

I think it's more simply that the market of people who want an EV and can afford a Tesla is now saturated.

I don't think so. At least from my personal experiences I know of at least a dozen sales that 3 years ago they would have made hands now. People compromise and buy what are clearly worse cars to avoid the Tesla brand. A friend just brought an ioniq a few months ago, same friend who was salivating over our Tesla a few years ago and kept talking about buying one endlessly. Guess why they didn't buy one.. Heck. I'm one…

I feel the same about Starlink, sadly. And unlike Tesla there are no real alternatives.

Man, I wish Musk would just stay out of the limelight and enjoy his private life inventing new industries and taking the occasional Mars vacation or whatever. There was really no need to jump into the deep end the way he did.

Re: Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

#170

Post by KerrAvon »

JumpCrisscross wrote: post #71
bko wrote: post #68

Earlier quoted context omitted.

The upside of having an outspoken public figure at the head is that he's in charge and takes ownership. It's pretty wild that you can have some failure in your Tesla, and you can just tweet about it and if its a compelling issue you'll get the CEO to respond and address it directly. Imagine trying to get the attention of someone from Ford. I don't know if you can have it both ways. Either you're a faceless soulless c…

> I don't think him being eccentric and generally disagreeable is unrelated to him building great products and companies Within the domain of the private sector, yes. The paedo comments were distasteful, but that's about it. That changed when he became a political figure. (And a partisan one at that.) Musk, the brand, has fundamentally changed in a way that more resembles Soros or Murdoch than the bipartisan tech tit…

He was never a tech titan. He’s always been a racist emerald mine heir who lied his way into everything. You really need to read this book to get your head adjusted properly on Musk:

https://en.wikipedia.org/wiki/Ludicrous:_The_Unvarnished_Sto...

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