It may have been mentioned but here is the breakdown of the lower Tesla sales in Europe for the month of January.
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Tesla European Sales down in January
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Yeah, it's been out, I may have posted it someplace too. It's really incredible. With that said, so bad, that it may rebound or possibly another reason. I do suspect China competition though and also isnt Tesla firing up the updated verision of the 3 or Y overseas now?
Here in the USA, Tesla for the whole year 2024 sales were flat to slightly down, profit margins also lowest in years.
I think some was expected as GM starts firing up the EV line but I also wonder (know) EV sales might be approaching the saturation point. At least at these price levels.
(just todays thoughts)
Here in the USA, Tesla for the whole year 2024 sales were flat to slightly down, profit margins also lowest in years.
I think some was expected as GM starts firing up the EV line but I also wonder (know) EV sales might be approaching the saturation point. At least at these price levels.
(just todays thoughts)
Competition heating up and people losing interest is my bet.
Sales are likely be poor in February as well. March? Time will tell.
I was amazed to read about this, just now. I doubt it has bearing on their sales ? I dont know I was really surprised to read this. Doesnt sound like good public relations but maybe this occurs all the time and we dont know about it? I assume this is mostly China issues if any. Hard to say but one has to read the entire story, which is an AP Story.
"Two Chinese journalists based in Shanghai told the AP there is an unwritten rule to avoid critical coverage of Tesla. Both spoke on condition of anonymity, fearing retaliation.
"We were told by our editor that we should not write negatively about Tesla because it is a key company that was introduced and protected by the Shanghai government," a tech reporter told AP."
https://www.cbsnews.com/news/tesla-sues-customers-journalists-china-defamation/
It should be noted that Tesla China sales were up 8.8% for the year 2024
Also noted Tesla had it first China export sales decline 2024 pretty much leaving China as its only well performing market for 2024 but lets be real, China is a HUGE market to have. So good for them on that part. I do wonder if some day China will turn its back on Tesla. I suspect not though.
"Two Chinese journalists based in Shanghai told the AP there is an unwritten rule to avoid critical coverage of Tesla. Both spoke on condition of anonymity, fearing retaliation.
"We were told by our editor that we should not write negatively about Tesla because it is a key company that was introduced and protected by the Shanghai government," a tech reporter told AP."
https://www.cbsnews.com/news/tesla-sues-customers-journalists-china-defamation/
It should be noted that Tesla China sales were up 8.8% for the year 2024
Also noted Tesla had it first China export sales decline 2024 pretty much leaving China as its only well performing market for 2024 but lets be real, China is a HUGE market to have. So good for them on that part. I do wonder if some day China will turn its back on Tesla. I suspect not though.
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When will Tesla consider replacing the CEO? If I was a Tesla shareholder I'd want that. He's a drag on the company and on sales.
Not easy when he is such a big shareholder.
A couple of months ago friends who were about to buy an EV wouldn't even consider a Tesla because of the company's CEO. They knew that Tesla has a great Supercharger network, that Teslas have well worked out systems, etc. Didn't matter.
Not easy when he is such a big shareholder.
A couple of months ago friends who were about to buy an EV wouldn't even consider a Tesla because of the company's CEO. They knew that Tesla has a great Supercharger network, that Teslas have well worked out systems, etc. Didn't matter.
Chinese-made EVs are more affordable than Tesla's models and are on par with or even surpass them in build quality.
Chinese manufacturers have started implementing silicon-carbide battery technology, which is already available in the U.S. in devices like the OnePlus 13 phone. These new batteries represent a significant advancement.
To increase EV adoption in America and expand the EV charging network, we should eliminate tariffs on EVs that meet federal safety regulations. Not everyone can afford the high cost of a Tesla or even a Hyundai EV, but products like those from BYD could offer more affordable options for average American families.
Chinese manufacturers have started implementing silicon-carbide battery technology, which is already available in the U.S. in devices like the OnePlus 13 phone. These new batteries represent a significant advancement.
To increase EV adoption in America and expand the EV charging network, we should eliminate tariffs on EVs that meet federal safety regulations. Not everyone can afford the high cost of a Tesla or even a Hyundai EV, but products like those from BYD could offer more affordable options for average American families.
Never going to happen as it would immediately undercut the UAW labor agreements put in place over the last couple of years. You will get a used EV and be grateful because national security. /s
Good point January sales down, and it could be a leading indicator or simply a one off.
I tend to like to go by the year for that reason or even the quarter.
Make no mistake. They have some stiff competition all around the world that is coming online, now we just have to figure out who’s gonna buy them
BYD is killing it and on a level playing field will take a large share of the market.
Tariffs war with China is already lost.
I would have guessed it was sarcasm even without you tagging it as such.
I believe that we as Americans have devolved into a submissive nation with a defeatist attitude, yet somehow still believe we’re the only ones who have “freedom” and are better than everyone else, ranking #1 in confidence worldwide. This comment is not directed at you by any means—I am speaking in general terms, as an American.
Consequently, Tesla stock should be downgraded to a penny stock and delisted from the Nasdaq and S&P 500, and kept like that, until there is meaningful change. I can guarantee that no matter how capitalist folks on Wall Street are, many of them disapprove of the current CEO’s actions, regardless of any short-term gains. The long-term outlook isn’t favorable for them either, as they would likely become his next target.
If there’s anyone left with a backbone, they should demand the current CEO step down; otherwise, drastic action against his companies must begin. This won’t end well for anyone—especially those who believe they’ll benefit long-term by enabling him.
Finally, before I help Melon Husk make a single penny off me, I’d rather buy a Chinese EV. And I want to purchase and EV as my next vehicle, but it won't be a Tesla, that's for sure. Anything, but...
As a nation, we still have something to say. Most of us, including me, want a decent life: livable wages, full bellies, the ability to care for loved ones, raise our kids, access to healthcare, and the dignity to pass on without the state footing the bill for a cremation.
Reality is more automakers have EVs out there so naturally sales drop.
Europeans are much quicker to react to Melon Husk’s bad behavior than we are here in the US. He’s been meddling in German and British affairs. That is not consequence-free. He is making enemies at a record pace. We would have to go to a historical figure for comparison. Also, keep in mind that in this day and age, Europeans are not as spineless as we are. They also eat less McDonald’s.
Considering the behavior and "extra-curicular" activities of the their CEO, Tesla should be subject to a worldwide boycott until there is radical change in leadership, and all ties are cut with the current CEO. He should be replaced with someone outside the company that the current CEO has absolutely no ties to.
Spending money on a Tesla product is akin to long-term self sabotage, to put it exceedingly politely.
The roller coaster continues... Glad I bought in early enough. Hold on to your hats!
Do you think the Model Y will be the #1 selling car in the world again? Time will tell.
Do you think the Model Y will be the #1 selling car in the world again? Time will tell.
Those units are so small that 30-50% up or down isn’t hard to achieve.
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