Summary
Tesla reported its first annual decline in deliveries, with 1.79 million vehicles delivered in 2024 compared to 1.81 million in 2023.
Fourth-quarter deliveries (495,570) fell short of analyst estimates, causing Tesla shares to drop 7%.
Challenges included rising competition in Europe and China, declining sales despite price cuts, and growing inventory of Cybertrucks.
Analysts cited CEO Elon Musk’s political involvement as a potential distraction.
While Tesla plans to release lower-cost autonomous vehicles in 2025, its lack of affordable EVs and intensified competition have strained its market dominance.
Bear in mind - Tesla is massively overvalued.
I think Tesla is fairly valued.
Yep, no problems here whatsoever.
Nissan conspicuously absent
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Nissan and Renault have 15% cross-ownership each. Both are separate entities with separate market caps. The total displayed for Renault does not reflect the total for Nissan.
They must have thrown it into “other” along with Mitsubishi which is also in merger talks with Honda.
So the graphic shows the overvalued stock as proof of it being fairly valued?
My guess is there’s an invisible /s there
It takes a lot of guts to omit the /s these days. You can never be quite sure who’s funny and who’s just an idiot.
Truly Elon is a Savant of our time to build such an incredibly successful company while failing to even capture an appreciable proportion of actual sales. Real “voice of a generation” level shit.
Now do one that counts vehicles delivered.
Shocked Ferrari is worth more than Volkswagen. I wonder how much of that is F1-related.
It took some work, but I got them out of my 401k. So many funds have TSLA stock.
Is musk going to tweet something about a new, futuristic project that Tesla has coming up that he’s just ripping off from an 80s sci-fi movie again so the stock price bumps back up?
The 6000 SUX
I bought into the shit he was marketing back in 2019. I got a Model 3 and a single share of Tesla stock, and realized pretty quickly after a year of FSD not improving that Elon was full of shit. Some time later that one share turned into three because tesla did a stock split so elon could buy twitter, then sometime after shareholders approved a 50 billion pay package (not me).
So when he bought the republican party and the stock shot up, I got out. Didn’t make any money, but fuck that guy. I cannot stand this Mfer or his shitty companies.
Teala isn’t releasing 2 lower cost autonomous vehicles in 2025.
They are releasing 2 lower cost vehicles.
The robo taxi isn’t until 2026 if you make the assumption it’s on time and is autonomous.
Saying teala is releasing 2 autonomous vehicles in 2025 is like saying teala sold 1.79 million autonomous vehicles this year.
Anyone who gets into one of those robo taxis is asking for death.
Any sane government won’t let them on the road until that is decidedly not the case.
Asking for a sane government is a big ask nowadays it seems though.
Hey now the DMV could ban them here in California and then ignore any attempt by the feds to override that, supremacy clause only exists when you have the budget to enforce it after all.
I know this is completely unrelated… but it just made me think of a Robotaxi arriving from Nevada, and the LAPD go in pursuit since they’re illegal in California, then the LAPD decide to do a pit maneuver on it because it doesn’t stop and it kills 2 pedestrians on the street as a result.
Pit maneuver? Isn’t just enough to throw a orange cone on the hood?
The LAPD don’t hire the brightest bunch.
Thats super unrealistic since LAPD would never do that, San Bernardino Sheriff’s Department would total the thing out by Primm or CHP would impound it.
The robo taxi isn’t until 2026 if you make the assumption it’s on time and is autonomous.
Tesla has said Full Self Driving is coming next year for like 9 straight years in a row, and the only thing that came out of that was “obviously FSD is a marketing term, only an idiot would have bought FSD and thought they get an autonomous vehicle”
Space X pushed the hyper loop when California pitched their idea of building high speed rail throughout the state, and once they gave space X a grant and cancelled their plans, he dropped the project.
Tesla’s value comes from vibes and the potential of what some vaporware technology could be worth if they could actually build it.
I mean honestly, if Tesla could build an autonomous vehicle that could pay for itself in 1 year from taxi fares, why would they sell that to the public? They’d make way more keeping it to themselves or maybe franchising it out. A complete monopoly on the autonomous taxi industry sold for $45,000? Yeah, right.
I’m just trying to correct the article dude. It was blatantly wrong, sloppy writing.
what sort of scumbag could own tesla stock, or even buy a tesla in the last year or more, and still sleep at night?
Sociopaths. Money over ethics.
If you have a 401k, IRA, company pension, or any other type of traditional retirement accounts, you likely have some Tesla at least indirectly, and while you might not have direct voting rights, you would at a minimum have ownership of funds that have ownership of Tesla.
I got to vote against Elon’s insane bonus package. It passed, but felt good to vote.
Who do you think is in charge of buying shares for those? Sociopaths.
I shake my head at Tesla drivers and throw a hand job gesture to every wankpanzer I see. There isn’t enough public shaming of fascists and their enablers.
Yesterday, my wife saw a cybertruck for the first time. She went “wtf. Is that fugly thing a cybertruck?” I guess the pictures didn’t do it justice.
I thought it was maybe a hard vehicle to photograph… Surely it can’t be that bad, right? Then I saw one in person and realized the photos made it look good by comparison. …
When it’s moving, it’s worse. I laugh my ass off.
You can see the misaligned panels from half a block away
It looks like a mobile dumpster.
Dumpsters are really good at what they do. This thing could get away with being ugly if it was ugly by necessity
It is really the dumbest vehicle made in quite some time.
A lot of people bought these cars before it was obvious who Elon was.
Yes. Exceptions are the new model 3s and wankpanzers. All of these people knew.
I actually like Tesla. I just hate Elon more. We came close to buying a Tesla once or twice, but now it’s totally off the table.
I liked Tesla years and years ago too. No more.
You’d think the tariffs would be a big booster for them. BYD cars would kill them, but so would BYD batteries used by other automakers.
$tslaq
Yeah if the parking lot full of cyberderps I drove past doay says anything the post preorder sales may be slouching.
