Breaking News: Tesla’s sales fell slightly in 2024, in the first annual decline in its history, as the electric-car maker faced growing global competition.
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More than 1/2 Teslas are now manufactured in China. Will Trump's government serve Elon Musk or the American people? Musk got the oversight on Tesla's self-driving car accidents taken from the budget that was just approved. I think we know the answer. "Money doesn't talk, it swears". Bob Dylan
“Facing global competition” seemingly whitewashes the despicably vile owner of the company who has motivated many interested in an EV to look elsewhere. Seeing more and more de-badged T-mobiles on the road these days.
Not to mention they kill their passengers at a higher rate than other models.
I know someone who bought another brand of an electric car specifically because Muskovite is such a right wing nut. And that was before he turned out to be all faschy with AfD, pepe the frog, etc.
Hmm... Could it maybe have something to do with all the left-leaning and/or liberal and environmentally conscious car buyers being disgusted with Musk??? I hope so!
shit boring car, no innovation for ages. and just vanilla. note: european sales dropped like 50%. nobody wants own a crazy cozy fascist racists car…. nobody
Hope Tesla goes into free fall! Piece of shit dangerous cars that have killed over 200+ people with their crap autonomous driving! #FuckTesla #FuckMusk
Perhaps, nevertheless my point isn't about sales as much as it is about decline, & what he's willing to do remain on top. He cares NOT if the car falls apart or glitches out. He who controls the REGULATIONS & PRESIDENCY controls much POWER. -ONE.💯
Meanwhile, he's also enhancing his portfolio. xAI, Neuralink, SPACE X, DATA CENTER, & looking to abolish the U.S. Currency in favor of his digitized model. -ONE.💯💰
I would be interested in understanding the “Elon” factor in the decline. Aware of several Tesla owners looking to replace due to political link and as such, this must factor in new customer purchases.
I'm not replacing my model 3 because of Elon but I'm definitely going to consider alternatives more strongly down the road when the car finally gives up the go.
Happens with every new tech, begins expensive and then becomes cheaper as supply, innovations and competition come forth. China already has a $15,000 EV. Cheaper EVs will eventually kill the combustion engine vehicles.
Awww, they use the Corte Madera dealer in the stock photo. They didn’t show the massive lot filled with unsold inventory slightly to the left of the building.
Another reason the Tesla board of directors needs to do it's job and reign in an out of control, drug induced CEO lunatic. If they don't shareholders could launch a class action lawsuit for failure to enforce fiduciary responsibility.
Tesla is down to 10% of worldwide ev sales, and falling.
there will be a big correction with their p/e currently over 100
for comparison, byd sells 3 times as many cars makes about 70% of tesla income on smaller margins and is selling at about a 21 p/e. they are actually growing
There are plenty of other good reasons, IMHO: Build quality, cheap interior (3/Y at least), lack of physical controls, a decade of FSD lies, higher insurance costs ...
And on the same day we have this... if I were the man behind Tesla, I'd try and make sure US tariffs on Chinese vehicles stay in place... if only there was a way I could ensure that🤔
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Masterful gambit, Ketamine Maximus!
Not to mention they kill their passengers at a higher rate than other models.
#ElonMuskIsAPieceOfShit
#Tesla
there will be a big correction with their p/e currently over 100
for comparison, byd sells 3 times as many cars makes about 70% of tesla income on smaller margins and is selling at about a 21 p/e. they are actually growing
I will never ever buy a Tesla.