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Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

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Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#231

Post by panick21_ »

jackvalentine wrote: post #25

I just ordered a 37,000AUD BYD, the "$25k (USD) car" that Elon used to promise was coming. Seems like I'm not the only one with 2779 BYD EVs sold in the country in January compared to just 501 Teslas.[1] [1] https://business.carsales.com.au/news-room/news/vfacts-janua...

When Tesla dropped the 'Model 2' car because 'the future would be all robo taxi' I dropped my remaining position in the stock. The idea that car sales would collapse by 50% because robo-taxi would happen just around the corner was crazy.

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#232

Post by panick21_ »

adfm wrote: post #78
petesergeant wrote: post #72

Earlier quoted context omitted.

> Tesla came from nowhere, developed essentially one world-dominating product (lumping the 3 and Y together), then the CEO basically ruined everything. It seems strange to attribute only the fall -- and not the rise -- to the CEO

It seems strange to talk of attribution without talking about the founders.

Lets be real, the original founders drove the start up against the wall and Tesla was a complete disaster before Musk took over the company. Not to mention that they wouldn't even have gotten that far without Musk money and JD.

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#233

Post by 4gotunameagain »

shubhamjain wrote: post #101

The mystery I can wrap my head around is how Tesla has avoided getting hammered despite being hit from a hundred different directions. What exactly is the market pricing in? They peaked around 2021, and even after posting multiple quarters of disappointing results, the stock is still trading above 2021 levels. For almost any other company, slightly lowering guidance or missing estimates by a few percentage points sim…

Its CEO is the most gifted person alive ..in pump and dump schemes.

The rational thing would be to short it, but Tesla value will remain irrational longer than you can remain solvent.

It really has tarnished the name of the genius inventor.

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#234

Post by imtringued »

CamperBob2 wrote: post #7

Many have argued that Musk's shift to far-right politics is responsible for some of this decline -- and it certainly makes some sense -- but I wonder if the cause and effect are being conflated. If Musk were aware that Tesla was going to lose this much ground due to factors beyond his own mismanagement, including the threat of Chinese imports and a widespread shift away from EVs due to a right-populist sentiment swin…

As far as I know the hypothesis is that Elon knew before the election that he will be in trouble and tried to cozy up with Trump to cover his ass but it backfired hard.

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#235

Post by ZeroGravitas »

citrin_ru wrote: post #219
asa400 wrote: post #48

Earlier quoted context omitted.

It's a cult. Really. This is a stock devoid of any connection to reality, fundamentals, products, anything. All that matters is that Musk is on the nameplate. Do not bet against the ability of people in a cult to remain irrational in the face of overwhelming evidence. Do not touch the cult.

If it's a cult why BlackRock is heavily invested in TSLA? Should not be they more rational (e. g. look at P/E ratio and other financial stats).

Maybe they think they can ride the cult and get out faster than the cultists when necessary?

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#236

Post by ahartmetz »

loandbehold wrote: post #181
tsimionescu wrote: post #143

Earlier quoted context omitted.

You need only look at Tesla's attempts to compete with Waymo to see that you are just wrong. They tried to actually deploy fully autonomous Teslas, and it doesn't really work, it requires a human supervisor per car.

They are behind Waymo but they are getting there. They started giving fully autonomous drives since last month without safety driver in Austin. Tesla chose a harder camera-only approach but it's more scalable once it works.

>more scalable

It's cheaper, that's all it is.

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#237

Post by dkobia »

jackvalentine wrote: post #25

I just ordered a 37,000AUD BYD, the "$25k (USD) car" that Elon used to promise was coming. Seems like I'm not the only one with 2779 BYD EVs sold in the country in January compared to just 501 Teslas.[1] [1] https://business.carsales.com.au/news-room/news/vfacts-janua...

The average price of a new car in the US is now ~$50,000 and the average monthly payment is almost $800. All people want is an affordable car and it is clear that won’t happen any time soon. It isn’t strange at all that prisoners to this system are cheering on the Chinese disruption.

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#239

Post by ZeroGravitas »

Neil44 wrote: post #178
pseingatl wrote: post #2

BYD is a formidable competitor and a great product for less.

It's strange to me that some Americans will cheer on Chinese companies over Tesla, even overlooking those companies questionable labour practices. (I don't know if you're American)

More than half of Tesla's cars are built in China so you can hate them for both reasons.

Re: Tesla Sales Down 55% UK, 58% Spain, 59% Germany, 81% Netherlands, 93% Norway

#240

Post by scotty79 »

shubhamjain wrote: post #101

The mystery I can wrap my head around is how Tesla has avoided getting hammered despite being hit from a hundred different directions. What exactly is the market pricing in? They peaked around 2021, and even after posting multiple quarters of disappointing results, the stock is still trading above 2021 levels. For almost any other company, slightly lowering guidance or missing estimates by a few percentage points sim…

> What exactly is the market pricing in?

Musk, the perception of. As always. Popular media drilled in that geniuses behaving like idiots is on point. So other idiots with money still suspect him of being a genius and singlehandedly turning things around at some point before the cliff.

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