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.
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.
The robo taxi isn’t until 2026 if you make the assumption it’s on time and is autonomous.
This reminds me of my old physics assignments:
“Assuming a perfectly spherical cow…”
I want to hear more about this perfectly spherical cow question.
This is a joke ntended to illustrate the sometimes absurd oversimplification that has to be made to do certain calculations. An apple falls out of a tree from 20 feet off the ground, how long does it take to hit the ground. Well, what is the drag coefficient? Assume it’s a sphere. OK, what about the texture, the air temp, wind, is the ground level and flat, etc etc. And as the problems increase in complexity the number of variables increases exponentially. So your professor might tell you to "Assume it is a spherical cow of uniform density“.
Often these estimates are actually quite good and trying to account for all variables isn’t needed.
Sounds like fun. There’s going to be that 1 grad student who is like, but how close of approximation is it really and can we use other knowledge to fine tune it… I’m going to launch a cow with a trebuchet and get some better answers.
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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.
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. …
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.
Autonomous!!! Muahahaha
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.
Yeah if the parking lot full of cyberderps I drove past doay says anything the post preorder sales may be slouching.
$tslaq
