Tesla posted its first annual drop in sales since the first year of the pandemic, as increased electric vehicle competition from Chinese and Western automakers ate into demand.
CEO Elon Musk’s electric car company reported it built 433,000 vehicles but delivered only 387,000. That’s down from the 484,507 cars it delivered in the final three months of 2023, and it’s also down from the 422,875 vehicle sales in the first quarter of last year.
Tesla has responded to increased competition by cutting prices. Although Tesla is more profitable than traditional automakers, the price cuts have been squeezing the profit margins that helped boost the stock. Investors’ expectations that the company would grow sales in the future had also been supporting Tesla’s lofty stock price, which made it the world’s most valuable automaker.
Well between the asshole turned overt racist, openly white supremacist, vocal right-wing asshole who runs the company and the completion from other car manufacturers making competing and compelling completion, yeah no wonder sales are falling.
I mean I own a model 3 and I can guarantee you that my next EV won’t be a Tesla because I’m a firm believer in voting with my wallet and I’ll buy from an asshole but not a overtly racist, openly white supremacist, vocal right-wing asshole.
Yeah, pretty much…
Two years ago, I wanted a Model Y.
Now, I don’t know what I want yet but not a Tesla.
Whatever I do get, I know one fucking thing:
It needs to have ACTUAL PHYSICAL CONTROLS ON ITS DASHBOARD.
ONES THAT I CAN NAVIGATE BY TOUCH WITHOUT ACTIVATING THEM.