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Tesla numbers shock analysts, stock drops
Archived Message
Posted by longsnapper
on April 3, 2024, 5:05:05
Q1 deliveries report... Not good. Not good at all.
Deliveries: -8.5% from Q1 2023, -20% from Q4 2023
Vehicle production down 2% compared to Q1 2023, 12% compared to Q4 2023
Shares tumble, down 7%
Total deliveries Q1 2024: 386,810
Total production Q1 2024: 433,371
Shares dropped about 6.5%.
For months, there's been legitimate signs the company is struggling, but they were largely ignored because Elon's neurolink smoke screen.
https://mb.boardhost.com/TheDeuce/msg/archive/1706622004.html
Increased competition from both foreign and domestic companies(actual, real car companies), EV fatigue, and reduction in government subsidies are going to make the next few years interesting.
the earnings call in a few weeks will be pretty wild
Message Thread:
Tesla numbers shock analysts, stock drops
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longsnapper
April 3, 2024, 5:05:05
Oh hi, META*
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longsnapper
April 5, 2024, 13:28:13
it’s all about china. they’ve shifted their focus from real estate to evs
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Ari Gold
April 3, 2024, 11:16:56
There would be more than one reason to change investment from real estate to EVs…
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LeatherneckIllini
April 3, 2024, 12:58:40
I'm not convinced BYD will have a huge impact on the American market.
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longsnapper
April 3, 2024, 11:34:11
can the legacy automakers profitably make EVs?*
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ECEIllinois
April 3, 2024, 12:22:35
Yes. Hyundai/Kia are I believe. BMW seems to be as well.*
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ATL
April 3, 2024, 13:27:26
But Hyundai/Kia will
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jfinsocal
April 3, 2024, 12:00:09
For sure. But they are south Korean, I thought. *
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longsnapper
April 3, 2024, 12:03:22
bretty young ding*
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VIV
April 3, 2024, 11:35:45
precursor to BBD*
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lcubed
April 3, 2024, 11:44:47
The competition and production challenges are definitely the biggest factors
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snipes824
April 3, 2024, 11:10:33
how much did they light on fire developing and building the cybertruck?
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VIV
April 3, 2024, 11:07:53
I saw one last week in transit
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TarheelIllini
April 3, 2024, 11:26:10
Saw one last week at a local gas station charging….
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harb
April 3, 2024, 17:22:45
Re: I saw one last week in transit
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ATL
April 3, 2024, 13:29:13
Re: I saw one last week in transit
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VIV
April 3, 2024, 13:33:39
Dammit. But here’s one in BBNP.
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ATL
April 3, 2024, 14:08:18
The first Lucid Air I had ever seen was in Bryce NP almost 2 years ago.
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EffinIllini
April 4, 2024, 8:50:42
why can't manufacturers just make EVs and hybrids that don't look like deep-fried donkey dick?!
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VIV
April 3, 2024, 11:34:23
Wanna talk about ugly EVs...
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EffinIllini
April 3, 2024, 12:10:12
I don’t think Canoo is happening *
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ATL
April 3, 2024, 13:28:22
LOL - they spent 2x revenue on their CEO's private jet
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ATL
April 4, 2024, 8:37:42
There was a link in my post.
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EffinIllini
April 4, 2024, 8:43:27
I should have scrolled. I saw the photo and didn't scroll, assuming it was just a photo of
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ATL
April 4, 2024, 8:54:57
Lol that this tidbit was included in Effin's original post!*
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Dilbert
April 4, 2024, 8:43:07
I hadn't realized that automobiles could have Ed Zachary Disease.*
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complainant
April 3, 2024, 12:56:46
don't need a camera to see what's walking in front of you, so I'm for it*
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RVA
April 3, 2024, 12:50:18
why?? fucking hell. *
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VIV
April 3, 2024, 12:10:53
On the opposite end, the new Prius looks pretty nice:
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IlliniRunner
April 3, 2024, 11:56:08
It’s an upgrade on the old Prius, but still not great, IMO
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DT
April 3, 2024, 12:37:00
I love the Lucid Air Pure
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PapaDels
April 3, 2024, 12:34:49
There is a growing Rivian presence out in Jersey. See them quite frequently now.
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JacobRDaugherty
April 3, 2024, 11:43:21
I might be in the minority but I think Rivians are really sharp*
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CWR10
April 3, 2024, 12:07:41
Not with all those rounded corners.
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Warrin'_Illini
April 3, 2024, 13:43:30
Again, if I was in the EV market, would be top of my list
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KingTalkyTiki
April 3, 2024, 12:30:42
They have definitely grown on me*
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JacobRDaugherty
April 3, 2024, 12:24:41
late 2021/2022 they really screwed over their owners by drastically cutting prices to goose sales
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ATL
April 3, 2024, 8:06:42
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