2025 so far EV sales up 28%

[alarmguy]

Totally impossible to tell.

I've lost count of how many times a quarter was declared at large as a disaster that was going to end the company.

One thing for certain is, it'd be a great time for Elon to announce he's leaving the company to pursue his other interests and let the adults take it from here.

What is a disaster to one is someone else's gold.
The stock price is still the same as it was 3 years ago. For some, between those peaks and valleys, day and short term traders made or lost a fortune. The person investing long term has missed out on a major market more over those three years.

It's a trading stock/speculation for a day that they might make money (or more) to justify the insane valuation placed on the company by investors and/or speculators.

I agree with you, for a long time now I thought Tesla would be better off without Musk, just like PayPal was when he was fired as CEO.
Anyway, I do think he is a genus and has some incredible companies but long overdue to turn over the reins of Tesla's CEO. There is however one thing that might catch us by surprise. This talk of Tesla being a central part of an AI project he is working on. SO I never say never however at my age. I cant risk it and only invest in companies that make money and a good P/E

 

[Torrid]

This is why I will never take this country seriously anymore. The side who loved him 10 years hates him now and the ones who hated him 10 years ago love him now.

Yeah, it's a bit of "what did you do for me lately?" crossed with "who can we make fun of for being different today?" Those two sides literally just changed sides on the topic of Tesla. Buying the car wasn't a vote for Musk or even an endorsement of Musk even before his current actions. He just happened to be the CEO of the car company I wanted to purchase a car from. Simple as that. No ideology went into the purchase. I wasn't even thinking of some pro environmental reason. I wanted a fast AWD comfortable daily driver with good sound system and a well designed in car entertainment setup that was inexpensive to operate. The only other car I really considered was the Volkswagen Golf R and the reason why I chose the Tesla was cheaper service costs and cheaper to fuel. I went back and forth a lot on the choice but was confident I would have absolutely loved either based on my previous GTI. I wasn't going to be disappointed with either. I felt living with an EV was going to be an interesting new experience for me. I already had the charging setup in my garage. It was that simple and I'm still glad I did it.

I really have no desire to deal with people in public I don't know. Not everything has to be a vote for or against something. I see why the term virtue signaling gets thrown around and why I hate the term so much. People want to feel like they're being told something that offends them just for someone else existing. I can't think of a single reason why I would care what someone else thinks about what I drive other than for them to just not bother me. If I had my choice I'd prefer not to get coal rolled and driven of the road or for anyone to burn or vandalize my car. I feel that's not too much to ask.

 

[UncleDave]

Yeah, it's a bit of "what did you do for me lately?" crossed with "who can we make fun of for being different today?" Those two sides literally just changed sides on the topic of Tesla. Buying the car wasn't a vote for Musk or even an endorsement of Musk even before his current actions. He just happened to be the CEO of the car company I wanted to purchase a car from. Simple as that. No ideology went into the purchase. I wasn't even thinking of some pro environmental reason. I wanted a fast AWD comfortable daily driver with good sound system and a well designed in car entertainment setup that was inexpensive to operate. The only other car I really considered was the Volkswagen Golf R and the reason why I chose the Tesla was cheaper service costs and cheaper to fuel. I went back and forth a lot on the choice but was confident I would have absolutely loved either based on my previous GTI. I wasn't going to be disappointed with either. I felt living with an EV was going to be an interesting new experience for me. I already had the charging setup in my garage. It was that simple and I'm still glad I did it.

I really have no desire to deal with people in public I don't know. Not everything has to be a vote for or against something. I see why the term virtue signaling gets thrown around and why I hate the term so much. People want to feel like they're being told something that offends them just for someone else existing. I can't think of a single reason why I would care what someone else thinks about what I drive other than for them to just not bother me. If I had my choice I'd prefer not to get coal rolled and driven of the road or for anyone to burn or vandalize my car. I feel that's not too much to ask.

Like the guy or not the 3 and Y are the most viable ICE replacements available today for the money.

The hyundai/kia guys arent far off.

 

[Torrid]

Like the guy or not the 3 and Y are the most viable ICE replacements available today for the money.

The hyundai/kia guys arent far off.

There's a reason I own a 3 and a Y. So far I would have still made the same decision and there's nothing price wise that does what the 3 and Y do. The similar Hyundais and Kias are still more expensive, but I do like them too. I just wish this attention wasn't on the brand the way it is. It has nothing to do with the cars themselves.

 

[E365]

GM’s Q1 2025 EV sales up 94% vs Q1 2024. (USA)

https://investor.gm.com/news-releas...q1-sales-growth-strength-trucks-suvs-and-evs/

https://investor.gm.com/static-files/316ee7d0-1ed0-4491-8101-2e23ba5ad586

 

[JeffKeryk]

Yeah, I bought 2 Teslas. Elon was not a factor in either purchases. Just like @Torrid

 

[Pew]

Yeah, it's a bit of "what did you do for me lately?" crossed with "who can we make fun of for being different today?" Those two sides literally just changed sides on the topic of Tesla. Buying the car wasn't a vote for Musk or even an endorsement of Musk even before his current actions. He just happened to be the CEO of the car company I wanted to purchase a car from. Simple as that. No ideology went into the purchase. I wasn't even thinking of some pro environmental reason. I wanted a fast AWD comfortable daily driver with good sound system and a well designed in car entertainment setup that was inexpensive to operate. The only other car I really considered was the Volkswagen Golf R and the reason why I chose the Tesla was cheaper service costs and cheaper to fuel. I went back and forth a lot on the choice but was confident I would have absolutely loved either based on my previous GTI. I wasn't going to be disappointed with either. I felt living with an EV was going to be an interesting new experience for me. I already had the charging setup in my garage. It was that simple and I'm still glad I did it.

I really have no desire to deal with people in public I don't know. Not everything has to be a vote for or against something. I see why the term virtue signaling gets thrown around and why I hate the term so much. People want to feel like they're being told something that offends them just for someone else existing. I can't think of a single reason why I would care what someone else thinks about what I drive other than for them to just not bother me. If I had my choice I'd prefer not to get coal rolled and driven of the road or for anyone to burn or vandalize my car. I feel that's not too much to ask.

Exactly. Ten years younger me was in the "Tesla sucks, elon sucks...blah blah blah" camp but luckily I've grown to understand, it's just a other car that doesn't need it's owner to like it hate it's CEO.

As much as I do or do not care about Elon, there is, are, and will be worse ones than him. Buying a Tesla because of Elon is like buying GM and supporting failed companies that required a bailout.

It's almost comical, that just three years ago we see a dude in a jacked up truck purposefully disconnect charging Teslas or keying them (and as such getting caught with the cameras). Now it's dudes so obese their stomachs stick out of their rainbow shirts that they need a powered scooter to ram a parked Tesla.

 

[97prizm]

I'm surprised they managed 377K given all the gloom.
Given the new Y isn't out yet outside of the expensive launch edition & Elon doing his best to drive the customer base away.

If the cybertruck was closer to something normal they could have been moving trucks, but that dog is already tapped out.
Biggest waste of corporate time ever and what you get when you let a guy thats never once used a truck in his life design a truck.

Very interested to see where the sector lines up and see if everyone else fills the gap.

Then add in that the Cybertruck is on its eighth recall in 14 months. A decent number manufactured had full battery packs replaced under warranty which more or less made it an expensive item on a balance sheet. It had seven recalls in the first year which is nuts. Tyler Hoover from hoovies garage had his leaking washer fluid all over components. My biggest problem is that as Tesla has grown, their customer service experience has taken a hit. I've never seen a company where a Youtuber had to message a ceo personally to get not the first but after his second $120k vehicle replaced under warranty for bricking itself.

 

[alarmguy]

Like the guy or not the 3 and Y are the most viable ICE replacements available today for the money.

The hyundai/kia guys arent far off.

I would disagree, at least here on the east coast.
Most love their SUVs and the Equinox and Blazer are more conducive to what Americans drive, even though they are a little smaller than their gasoline counterparts they still look and feel more SUV like than a Tesla.

Telsa's are small and sporty and appeal to that buyer but lack that "truck" like stance I think is what the majority wants.
I further think just the fact that Tesla sales have almost gone in reverse here in the USA for over a year now adds some credibility to my statement. How does a car company go into stagnant sales after only 3 years of making money?

Growth stalled, sales stagnant, profit margins trashed

Then again, EV sales may never live up to expectations. Im waiting for the tax credit to be repealed STILL.

I do think Musk is a genius, and suspect one day he is going to shock us with something new from Tesla. Maybe it is the AI hub thing. Got me.

 

[Torrid]

Exactly. Ten years younger me was in the "Tesla sucks, elon sucks...blah blah blah" camp but luckily I've grown to understand, it's just a other car that doesn't need it's owner to like it hate it's CEO.

As much as I do or do not care about Elon, there is, are, and will be worse ones than him. Buying a Tesla because of Elon is like buying GM and supporting failed companies that required a bailout.

It's almost comical, that just three years ago we see a dude in a jacked up truck purposefully disconnect charging Teslas or keying them (and as such getting caught with the cameras). Now it's dudes so obese their stomachs stick out of their rainbow shirts that they need a powered scooter to ram a parked Tesla.

Heck, I saw it just 4 months ago from the anti EV lifted truck crowd. It literally stopped the month of the inauguration. I keep asking these people why they didn't realize it was wrong back then? Why did it take the other side damaging cars to snap to? It was politically convenient.

 

[macarose]

GM’s Q1 2025 EV sales up 94% vs Q1 2024. (USA)

https://investor.gm.com/news-releas...q1-sales-growth-strength-trucks-suvs-and-evs/

https://investor.gm.com/static-files/316ee7d0-1ed0-4491-8101-2e23ba5ad586

It's a huge distortion of GM's reality.

They had severe production problems during that time due to battery production issues and recalls for their software.

Notice that not a single one of their press releases mentions the number of units sold?

There's a reason for that.

https://insideevs.com/news/755280/gm-ev-sales-q1-2025/

At roughly 30,000 sales GM's EV sales collectively are about equal to the Mitsubishi Mirage, which Mitsubishi pulled the plug on due to low sales.

 

[E365]

Notice that not a single one of their press releases mentions the number of units sold?

That was in the link I posted.

https://investor.gm.com/static-files/ed98ecfc-6bd6-4b53-99a6-24c4c6e42f0d

At roughly 30,000 sales GM's EV sales collectively are about equal to the Mitsubishi Mirage, which Mitsubishi pulled the plug on due to low sales.

I’m seeing Mitsubishi Motors North America sold 7,301 Mirages in Q1 2025. That appears to be the Mirages best Q1 since around 2017/2018.

https://media.mitsubishicars.com/en...0V*MTc0MzU1OTA0MC4xLjAuMTc0MzU1OTA0MC4wLjAuMA..

GM also sold 14,374 more EVs Q1 to American Honda which aren’t accounted in these numbers.

 

[UncleDave]

I would disagree, at least here on the east coast.
Most love their SUVs and the Equinox and Blazer are more conducive to what Americans drive, even though they are a little smaller than their gasoline counterparts they still look and feel more SUV like than a Tesla.

Telsa's are small and sporty and appeal to that buyer but lack that "truck" like stance I think is what the majority wants.
I further think just the fact that Tesla sales have almost gone in reverse here in the USA for over a year now adds some credibility to my statement. How does a car company go into stagnant sales after only 3 years of making money?

Growth stalled, sales stagnant, profit margins trashed

Then again, EV sales may never live up to expectations. Im waiting for the tax credit to be repealed STILL.

I do think Musk is a genius, and suspect one day he is going to shock us with something new from Tesla. Maybe it is the AI hub thing. Got me.

Your or my preferences are a completely different subject than the actual travel time metrics between EVs.

When it comes to travel time metrics and on the road charging convenience Teslas are closer to ICE per dollar than any other EV.

 

[Torrid]

Your or my preferences are a completely different subject than the actual travel time metrics between EVs.

When it comes to travel time metrics and on the road charging convenience Teslas are closer to ICE per dollar than any other EV.

Which comes into play if you only ever publicly charge. Home charging is the only way EVs make sense and that’s a huge offset to the per mile cost. Public charging just makes them useable for longer trips. The inconvenience is the added time. You’ve already offset the cost per mile home charging on a daily basis.

 

[demarpaint]

Delete.

 

[alarmguy]

Tesla 2025 1st quarter sales just announced. They could not be any worse, yes, in the toilet. Horrible is an understatement.
Tesla First quarter 2025 sales 336,681

First quarter 2024 wasnt great at 387,000
Heck, a 13% decline from last years not so great numbers.

Just wait until the earnings release later this month. Oh boy ...
Maybe with the model change over things will improve next quarter?

Earlier on this page @E365 posted GM EV sales up 94% 1st quarter 2025

 

[Torrid]

That’s got to hurt. Seems to be bad to alienate your core customer base.

 

[demarpaint]

Tesla 2025 1st quarter sales just announced. They could not be any worse, yes, in the toilet. Horrible is an understatement.
Tesla First quarter 2025 sales 336,681

First quarter 2024 wasnt great at 387,000
Heck, a 13% decline from last years not so great numbers.

Just wait until the earnings release later this month. Oh boy ...
Maybe with the model change over things will improve next quarter?

Earlier on this page @E365 posted GM EV sales up 94% 1st quarter 2025

That's pretty much what I deleted from my post. IMO there are several reasons at play.

 

[UncleDave]

Tesla 2025 1st quarter sales just announced. They could not be any worse, yes, in the toilet. Horrible is an understatement.
Tesla First quarter 2025 sales 336,681

First quarter 2024 wasnt great at 387,000
Heck, a 13% decline from last years not so great numbers.

Just wait until the earnings release later this month. Oh boy ...
Maybe with the model change over things will improve next quarter?

Earlier on this page @E365 posted GM EV sales up 94% 1st quarter 2025

Im surprised it was that many.

 

[alarmguy]

That's pretty much what I deleted from my post. IMO there are several reasons at play.

Yes, there is always a reason for everything. Multiple ones in this case. Limited model lineup. Competition roaring. GM coming out with EV SUVs that Americans love. Waining public interest in EVs. Now that interested parties have purchased. High EV costs

China cranking out EV cars even from cell phone makers.

We all know the other more terrorist activities against Tesla no sense going into that. Everyone knows. Even if this goes away, what will happen if the taxpayer gift of $7,500 goes away?