Who's laughing nowSubmitted by RetardGoneDumb t3_10ln890 in wallstreetbets
Robincapitalists t1_j5zp8gi wrote
Reply to comment by Miserable_Top3497 in Who's laughing now by RetardGoneDumb
Maybe. We're seeing erosion of the brand in statistical data, people's financial circumstances are different than 2020, 2021, 2022, competitors rising (in Europe, China where other EVs are available, Tesla's share has been obliterated), backlog is gone.
Even if they sell a lot. Might be net down earnings on lowered margins.
Miserable_Top3497 t1_j5zxc07 wrote
I thought they were able to bring cost down on model 3/y production. The price drops are significant with 7.5k EV incentive included on the model Y. Also, Europe best selling car has been model 3/y, I don’t see things slowing down there.
Despite the financial circumstances, Q3/Q4 have exceeded expectations. Q1 sales numbers will be higher with affordability . Also, this is speculation but their next car will be a compact cheaper alternative.
Competition is no where near, I rarely see a ford lighting, Mach-e or ioniq 5 because of their production being sub-par
Robincapitalists t1_j605z4y wrote
>Also, Europe best selling car has been model 3/y, I don’t see things slowing down there.
Their market share rapidly declined in Europe. My point about that would be, the expectation that Tesla will continue forever growing 50% is wrong and it's likely to see a big leg down on the rate soon.
> Despite the financial circumstances, Q3/Q4 have exceeded expectations. Q1 sales numbers will be higher with affordability . Also, this is speculation but their next car will be a compact cheaper alternative.
They beat lowered estimates. And only by 5-6% (far lower than the average 20-25% beats they've had for a long time).
Next car? Tesla's pipeline is a clear weakness. In that, they don't have one.
> Competition is no where near, I rarely see a ford lighting, Mach-e or ioniq 5 because of their production being sub-par
Tesla market share dropped from 74 to 65% in US in 2022. By 2025 year end it will be less than 25%.
Dozekar t1_j5zyvo8 wrote
> I thought they were able to bring cost down on model 3/y production.
This has been claimed but no meaningful substantiation has been provided. It is equally likely that they are just taking the L.
> Competition is no where near, I rarely see a ford lighting, Mach-e or ioniq 5 because of their production being sub-par
That doesn't mean the competition isn't seeing rapid growth and sales, this just means they don't have rapid growth and sales in the past. This is mistaking rate of change for raw numbers. Raw numbers are still good for tesla, but growth is rate of change, not current values.
Sdubbya2 t1_j64xse0 wrote
> ford lighting, Mach-e
I've been seeing a lot of Mach Es personally haven't noticed any lightnings but they look so much like the regular F150 that I wouldnt of noticed unless I was paying really close attention I guess. It is true they need to ramp up production better htough
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