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.
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.