When do you think you will buy a 100% pure electric vehicle?

[Clonehomer]

A vehicle that ugly had to be designed by committee.

I assumed it was an intern that hadn’t taken the surface modeling portion of his CAD training.

 

[simply1]

Yes, those are the price decreases in 2023.2023.2023.2023.2023!!!!!! When you make drastic price cuts, along with a $7,500 tax break, it creates massive demand, which is what happened during the 1st quarter of 2023.2023.2023.2023. Q1 2024 sales were down compared to Q1 2023. These price cuts did not happen in 2024.

BTW, I'm not doubting the stock decline or profits. I'm just pointing out that there is a valid reason that sales are down year over year. It's mostly due to 1st qtr 2023 being a monster quarter for Tesla.

How much did your car devalue?

 

[nfrine]

How much did your car devalue?

It might end up being a "collectors item"....

 

[isucy86]

Those are average prices of a new Tesla by month, not the number of vehicles sold.

If you want to talk about revenue, let's look at how this year is going...

Tesla Bulls Turn Bearish As 'Nightmare' First Quarter Comes To An End​

Tesla stock plunged 31.4% through April 4, the second-worst performer on the S&P 500. Shares are 58.7% below their late 2021 all-time high. But Tesla has largely tracked declining earnings estimates amid weaker-than-expected deliveries despite ongoing price cuts.

https://www.investors.com/news/tesla-stock-is-plunging-not-cheaper-by-earnings-metric/

Tesla Stock Tumbles as Q1 Deliveries Fall 8.5% From a Year Earlier​

About 386,800 cars were marked as sold in the first quarter compared with estimates, which averaged about 477,000, according to UBS. That's a 20.1% drop from the final quarter of 2023 and 8.4% from a year ago. It's also the first year-over-year decline in quarterly deliveries since 2020, as well as the company's lowest quarterly performance since 2022. Shares fell more than 7% in early trading following the news.

Tesla shares tumble as analyst decries ‘train wreck’ investor call​

“Let’s call this as it is: While we were anticipating a bad 1Q, this was an unmitigated disaster 1Q that is hard to explain away. We view this as a seminal moment in the Tesla story for Musk to either turn this around and reverse the black eye 1Q performance,” Ives said in a note Tuesday.

Tesla share plunge wipes out $80 billion in market value, after dour earnings call​

​

There is a lot going on in the auto industry right now and the interplay between ICE and EV's is part of it for Tesla. But Tesla also faces a different set of competitors than the traditional ICE car companies. Part of the reason Tesla dropped its price significantly a year ago was in response to BYD and other global competitors. Worldwide BYD EV sales were 60% more than Tesla.

Also, in one chart you showed YOY price growth by manufacturer. Sure it was nice while it lasted for Genesis, Chrysler, Stellantis, etc. but they have now priced themselves out of the market and are having to lower MSRP significantly to move the metal.

 

[dmclone]

https://electrek.co/2024/04/09/87-percent-us-tesla-drivers-say-theyll-buy-another-tesla/

Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey.

 

[mramseyISU]

According to the facebook somebody a couple blocks from me took delivery of a cybertruck yesterday. They claimed it was the first one delivered in Iowa. I'd be surprised if there weren't a couple running around in Des Moines already though.

 

[BoxsterCy]

According to the facebook somebody a couple blocks from me took delivery of a cybertruck yesterday. They claimed it was the first one delivered in Iowa. I'd be surprised if there weren't a couple running around in Des Moines already though.

Would make a good series of episodes on Bitchin' Rides or another one of the car modification shows. "I just bought this ugly as sin truck but I like the concept. Can you make it pretty?"

 

[Gunnerclone]

Been noticing that the bottom is really falling out of used Teslas.

 

[Gorm]

According to the facebook somebody a couple blocks from me took delivery of a cybertruck yesterday. They claimed it was the first one delivered in Iowa. I'd be surprised if there weren't a couple running around in Des Moines already though.

I saw one driving down 8th Street in Altoona about 2 weeks ago.

 

[1UNI2ISU]

According to the facebook somebody a couple blocks from me took delivery of a cybertruck yesterday. They claimed it was the first one delivered in Iowa. I'd be surprised if there weren't a couple running around in Des Moines already though.

Saw it on San Marnan in front of Sam's yesterday afternoon. Looks even more ridiculous than I thought it would.

 

[twincyties]

Tried the full self driving on our Model 3 this week. Was definitely uncomfortable at first being something that violates decades of practice but was really impressed overall.

 

[mramseyISU]

Been noticing that the bottom is really falling out of used Teslas.

It's not just Teslas.

 

[NWICY]

Tried the full self driving on our Model 3 this week. Was definitely uncomfortable at first being something that violates decades of practice but was really impressed overall.

So did you let it drive and try adult activities at highway speeds?

 

[mramseyISU]

So did you let it drive and try adult activities at highway speeds?

I saw a documentary on that once.

 

[mramseyISU]

Saw it on San Marnan in front of Sam's yesterday afternoon. Looks even more ridiculous than I thought it would.

I saw one up close in Denver last month. They have a Tesla "dealership" in one of the malls there. I took a good look at it and the more I looked at it the uglier it got.

 

[bozclone]

According to the facebook somebody a couple blocks from me took delivery of a cybertruck yesterday. They claimed it was the first one delivered in Iowa. I'd be surprised if there weren't a couple running around in Des Moines already though.

It may have been this one that I saw in Urbandale outside Tesla last week.

 

[Gunnerclone]

It may have been this one that I saw in Urbandale outside Tesla last week.

View attachment 127257

Did the license place say “TINYPNS”?

 

[twincyties]

So did you let it drive and try adult activities at highway speeds?

Have not tried that yet

 

[dmclone]

Took a little video of FSD in my wifes car. Unfortunately didn't pick up the time I had to intervene while exiting 235 and getting on 80/35. Warning, it's boring, which I guess is a good thing.

 

[Gunnerclone]

Took a little video of FSD in my wifes car. Unfortunately didn't pick up the time I had to intervene while exiting 235 and getting on 80/35. Warning, it's boring, which I guess is a good thing.

So how does the speed work? Like does it always go exactly the speed limit when possible? Or can you tweak it in the app?