2025 so far EV sales up 28%

He is certainly controversial - today's report, profits down 70% (SEVENTY PERCENT) in the first quarter. But that's ok, with his investors, so far after hours eh stock is up. *LOL*
https://abcnews.go.com/Business/tes...sk-backlash-damaged-bottom/story?id=121008566

Musk says he will spend more time at Tesla now, so the stock goes up? We will see.
https://finance.yahoo.com/news/tesl...t-doge-will-drop-significantly-214802096.html
Yeah, he is more than that. Tesla potentially had a decade more of monopoly over the EV market. But that is gone, if it survives at all in some markets.
 
Yeah, he is more than that. Tesla potentially had a decade more of monopoly over the EV market. But that is gone, if it survives at all in some markets.
Musk's role in the government audit and departmental restructuring will be tapering off at the beginning of summer. Given the short attention span of the public, the incipient demise of Tesla is mostly just wishful thinking.
 
Musk's role in the government audit and departmental restructuring will be tapering off at the beginning of summer. Given the short attention span of the public, the incipient demise of Tesla is mostly just wishful thinking.
Highly doubt. His government role is stroking his ego, and that is a bottomless pit. He will stay there on and off.
Whatever happens, Tesla won't ever again have the position it once had.
Going into details, they actually lost $600 million on car sales. The reason why they are profitable at all is investments and carbon credit sales. That is it.
 
Highly doubt. His government role is stroking his ego, and that is a bottomless pit. He will stay there on and off.
Whatever happens, Tesla won't ever again have the position it once had.
Going into details, they actually lost $600 million on car sales. The reason why they are profitable at all is investments and carbon credit sales. That is it.
Believe what you want but that's what was announced at the beginning and was reiterated by Musk again this week.
 
He is certainly controversial - today's report, profits down 70% (SEVENTY PERCENT) in the first quarter. But that's ok, with his investors, so far after hours eh stock is up. *LOL*
https://abcnews.go.com/Business/tes...sk-backlash-damaged-bottom/story?id=121008566

Musk says he will spend more time at Tesla now, so the stock goes up? We will see.
https://finance.yahoo.com/news/tesl...t-doge-will-drop-significantly-214802096.html
Qtr results were already baked in to the stock price.

Elon shot his company in the foot. Regardless, Tesla still sells about 50% of the EVs in the US, I believe. No one else is even close.
IMO, their customer base problems will not be easily repaired. Let's see if Musk can step up. I have my doubts right now.
 
Qtr results were already baked in to the stock price.

Elon shot his company in the foot. Regardless, Tesla still sells about 50% of the EVs in the US, I believe. No one else is even close.
IMO, their customer base problems will not be easily repaired. Let's see if Musk can step up. I have my doubts right now.
He will jump to other things. The stock performance is based on his sci-fi promises. And when it comes to speculation, sci-fi usually works. When he called those divers in Thailand pedophiles etc. I said here that he will ultimately burry Tesla into the ground.
Problem are fundamentals too. They screwed up Cybertruck buyers. Tesla doesn’t want to take them as trade in. I personally never heard of company not willing to take their own product as trade in.
They are not offering anything that world didn’t see last 10yrs.

The longer he sticks around, the less chances company has. He has SpaceX, X, Neuralink etc. and it just won’t work (though his involvement in SpaceX is limited, which was best move by Gwynne Shotwell.
 
Global sales of Model X, Model S, Cybertruck and Semi combined were only 12,881 for Q1 2025. Tesla’s high-end car sales are almost completely gone. You’d assume Model S and X would get cancelled soon. Cybertruck needs to be totally revamped to be much cheaper.

Lightning (7,187) probably easily outsold Cybertruck in Q1. Silverado EV/Sierra EV getting close - and the sub-$80k models of those are starting to come out now. The $59k Silverado EV LT likely announced soon too.
I wish manufacturers had to break down sales by specific models. I think its odd that Tesla lumps the Cybertruck model s and x together and the 3 and y together. Ford does this with the F series trucks as well. Tesla has supposedly only sold roughly 60,000 Cybertrucks throughout the end of May 2025 which leaves ALOT still sitting in holding lots. How long can batteries sit before degradation?
 
The China market is tough for everyone. Ask GM, Porsche, etc. It's an important market for everyone.

GM 2024 overall sales declined by 14% compared to 2023.
In 2024, Porsche experienced a significant decline in China, with sales plummeting by 28% compared to the previous year, leading to a reduction in dealership network and a shift in focus towards profitability and key markets.

Pick any major car company and look at the results.
The emerging Chinese Middle class are starting to have a "buy Chinese, support Chinese " kind of like how so many Americans look for the "Made in the USA' sticker on products. Tesla should be very thankful to GM and VW as both companies went in and set up vehicle manufacturing early on and were required to partner with a local Chinese auto manufacturer. Tesla was the first company not required to do so.
 
Congrats on purchase!

An EV would fit my use case so well ans work commuter and employer free Level II charging. Tesla is plummeting in used market in terms of resale and has massive supply.

Tempting.
ThecModel S according to Business Insider had the largest year over year drop in resale value.
 
Highly doubt. His government role is stroking his ego, and that is a bottomless pit. He will stay there on and off.
Whatever happens, Tesla won't ever again have the position it once had.
Going into details, they actually lost $600 million on car sales. The reason why they are profitable at all is investments and carbon credit sales. That is it.
Then add in two potential lawsuits. One stemming from inaccurate odometer readings and a second from a previous Tesla employee who beat arbitrage and was treated horribly for bringing up a flaw in the formats.
 
Musk's role in the government audit and departmental restructuring will be tapering off at the beginning of summer. Given the short attention span of the public, the incipient demise of Tesla is mostly just wishful thinking.
I agree, actually it ends in the month of May.
With that said that’s only part of the problem as far as I’m concerned. I said this way before he got active in government.

They have a limited product line, Americans are in love with SUVs and Tesla’s product lineup is more reminiscent of four-door sedans. Tesla‘s problems started way before his involvement with government. Their problem is called competition.
They used to be the only game in town and now as far as I’m concerned, they are the only one in town without fossil fuel alternatives.

True for the automobile enthusiast Tesla performance blows most product offerings from let’s say general motors out of the water.
But most of America does not care how fast their small to midsize or even large SUV will run a quarter a mile as long as it’s just fast enough
 
I wish manufacturers had to break down sales by specific models. I think it’s odd that Tesla lumps the Cybertruck model s and x together and the 3 and y together. Ford does this with the F series trucks as well. Tesla has supposedly only sold roughly 60,000 Cybertrucks throughout the end of May 2025 which leaves ALOT still sitting in holding lots. How long can batteries sit before degradation?
I wish Tesla would report sales by country.
It’s the only car manufacturer that I know of that does not report the number of cars it sells in the United States
 
Qtr results were already baked in to the stock price.

Elon shot his company in the foot. Regardless, Tesla still sells about 50% of the EVs in the US, I believe. No one else is even close.
IMO, their customer base problems will not be easily repaired. Let's see if Musk can step up. I have my doubts right now.
You do realize Tesla sales growth is in the dumpster regarding the USA.
It could not be any worse and it’s been this way, even before musk got into government.

Tesla EV sales down 9% first quarter
GM EV sales up 94% first quarter
GM profits up first quarter, Tesla profits in the toilet first quarter

It will continue this way unless something changes within Tesla
It’s called competition and I have been saying this as you know in this forum for probably two years. Tesla had a 15 year head start in the electric vehicle market. General Motors is just coming on line in the electric vehicle market and it’s reception has been phenomenal.

Never mind the fact that electric vehicles in the present form are not going to overtake gasoline, so Tesla lacks a fossil fuel car.
Never mind it’s pathetic limited product line turning out nothing new except an obnoxious truck that no one wants.

I’m not saying it’s hopeless for Tesla, but they aren’t king of the hill by any means when it comes to automobiles. They may or may not be able to defend the title in the electric vehicle market, but they need to grow sales faster than GM’s 94% growth.
 
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Then add in two potential lawsuits. One stemming from inaccurate odometer readings and a second from a previous Tesla employee who beat arbitrage and was treated horribly for bringing up a flaw in the formats.
I thought the employee one was settled (she won $1M), now its just about appeals and such. Typical HR things - you can find them in about any big company they just don't make the headlines.

On the odometer one, if its as blatant as claimed I would sure think we would have seen comments here - we have a number of Tesla owners on this board. The lawsuit alleges the odometer is off by a factor, not just a few percentage points, which I find hard to believe. I also believe the NHTSA allows odometers to be off by a specific amount - 4% I heard once. It would not surprise me at all if every car company arbitrages that and there all off by 3.99% :ROFLMAO:

?
 
Just thinking out loud here....local dealer near me. Not bad.

1745412836156.webp
 
I wish manufacturers had to break down sales by specific models. I think its odd that Tesla lumps the Cybertruck model s and x together and the 3 and y together. Ford does this with the F series trucks as well. Tesla has supposedly only sold roughly 60,000 Cybertrucks throughout the end of May 2025 which leaves ALOT still sitting in holding lots. How long can batteries sit before degradation?
Yet Chevy and GMC LT sales are separate …
What makes that odder to me - is if you don’t do EV - pretty much the two GM product lines you will carry …
(Our dealer moved on from the others) …
 
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