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Comment on Tesla suffers worst quarter since 2022 as deliveries tumble

The US group, led by Elon Musk, delivered 336,681 cars in the first quarter, far fewer than the 390,000 forecast by analysts and the 387,000 it delivered in the same period last year.

That’s a 13% decline in sales. They delivered 3740 cars per day (assuming 90 days in quarter), instead of the 4300/day they delivered last year or the 4333/day they forecast.

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mortalic@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
I know all capitalists see lines going down as bad, but that is still a ton of cars and profit. Oof.

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- cyrano@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago
  Yeah but the important part in the article is this:
  
  The figure lagged behind that of China’s BYD, which has regained its crown as the world’s best-selling electric-vehicle maker after this week reporting sales of 416,388 in the same period.
  
  Meaning Tesla is not a leader anymore
  
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  - XenGi@feddit.org ⁨3⁩ ⁨weeks⁩ ago
    They haven’t been for quite some time now.
    
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- normanwall@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  [deleted]
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  - mmddmm@lemm.ee ⁨3⁩ ⁨weeks⁩ ago
    
    But Tesla stock is 75% hype
    
    It has been adjusted recently, but it was around 99% (P/E of 100 times what other car companies have), so it can’t be lower than some 95% now.
    
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- dojan@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  Here in Sweden, only 3 out of ~24,000 newly registered vehicles in March were Teslas.
  
  That’s honestly still 3 too many, but oh well.
  
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  - mortalic@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
    That is great news. But you guys get so many more options than the USA does. I guess that makes sense.
    
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    dojan@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
    They were really popular though. I personally think we should’ve had these numbers since late 2023 when our unions first begun the ongoing strike against Tesla for attempting to circumvent the way our labour market works. Or at the very least when Tesla shipped in bootlickers from elsewhere.
    
    It’s better late than never, I guess.
    
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- roofuskit@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  That’s cars delivered. How many were sold during that time?
  
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avidamoeba@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago
Damn that’s not nearly as much as I thought it will be. How’re those spontaneous combustion numbers?

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- tburkhol@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  My thought exactly. OTOH, I feel like the anti-Musk ball only really got rolling in March, and this report can’t possibly cover March - it’s got to be Dec24-Feb25, so probably just a hint of things to come.
  
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