zen222
4 시간 전
LOL! More "old news" that proves my point and undercuts yours:
Millions Of Tesla Cybertruck Pre-Orderers Missing As Tesla Slashes Prices
Despite initial excitement, the vehicle's sales have not met expectations, leading to substantial price reductions and incentives to boost demand. The highly anticipated electric pickup also garnered an astonishing amount of pre-orders, but now Tesla is facing numerous challenges moving all that stainless steel from its inventory.
The Tesla Cybertruck story is tragic. When it was first revealed, the consensus was whether people loved it or hated it; its insane style and space-y angles were refreshing and new. Now, all these years later, it represents something altogether different and much less exciting. Despite Elon Musk’s very unpopular work in the federal government, the Cybertruck had already crossed into goofy territory as Tesla faithfuls paid way over the market price to get one, only to find the model plagued with a litany of issues.
Now, only five months into Trump/Musk’s presidency, we find the Cybertruck in, yet again, another new and strange cultural place. Elon Musk has driven such widespread hatred of his company and his person that Tesla dealerships and cars are being vandalized. The disdain has grown so much that some car dealers are now refusing to take Tesla Cybertrucks as trade-ins.
Cybertrucks Aren’t Selling
In recent developments, Tesla has offered discounts of up to $10,000 on certain Cybertruck models, particularly the high-end 'Cyberbeast' variant. These markdowns are part of an effort to clear out inventory, including the limited 'Foundation Series' models, which were initially priced at $99,990 for the dual-motor version and $119,990 for the tri-motor 'Cyberbeast'. Despite these incentives, many of these vehicles remain unsold, indicating a disconnect between production and consumer demand.
The initial anticipation for the Cybertruck is hard to describe, but probably best summed up by Tesla reportedly receiving over 1.9 million reservations. However, the conversion rate from reservations to actual purchases has been, uh, low, estimated at around five percent. The price cuts now beg the question: “Where are all the folks who wanted Cybertrucks now?”
Factors contributing to this include the vehicle's unconventional design, high price point, and quality concerns. Additionally, the Cybertruck has faced multiple recalls, which have further impacted its reputation and consumer confidence.
https://www.msn.com/en-us/autos/news/millions-of-tesla-cybertruck-pre-orderers-missing-as-tesla-slashes-prices/ar-AA1DzLJj?ocid=winp2fptaskbarhover&cvid=476df98fca98418389c2f87b7860f152&ei=47
zen222
4 시간 전
there is money to be made
Exactly. Just not in the way that you believe.
Tesla’s (TSLA) profit dropped 71 percent in the first quarter. Sales declined 9%, with a 20% decline in automotive revenues. Gross profit dropped 15% indicating a 3.4 points contraction with EBITDA dropping 17%. In the U.S., sales grew 5.8%, but outside of the U.S. there were declines and that perhaps shows how Musk’s work at DOGE has hurt Tesla sales. In China, sales declined 6.3% and other international sales which primarily is sales in Europe the decline was 32.3%. ACEA reported a 28% growth in new vehicle registrations for battery electric vehicles for the EU, Iceland, Norway, Switzerland and the UK. So, it very much looks like potential buyers in the EU remained sidelined on Tesla purchases, for which new vehicle registrations declined 37.2%.
Besides fewer deliveries, the average sales price also decreased, and that shows competitive pressures. During the quarter, production decreased by 16% which was driven by the change over to the renewed Model Y. From tariffs, there actually was not a major impact during the quarter as the company benefited from lower material costs.
zen222
7 시간 전
Good, archive and send this one off to the "appropriate sources" as well: LOL!
Tesla is a company on the verge of failure, all thanks to Elon Musk, a slimy Apartheid-loving racist and homophobic piece of shit. He's a known ketamine-addled, hair-plugged, far-right conspiracy-spreading, megalomaniacal, fascistic, serial-lying sociopathic, Nazi-sympathizing Boer descendant.
It isn't libel, if it's true.
Oh, and for the record, Musk NEVER started Tesla. The company was founded by Martin Eberhard and Marc Tarpenning in 2003. Musk joined the company in 2004 as an investor and later became CEO.
The fact you have no idea what you are talking about makes your sad devotion to that douchetarded fraudster clown even more pathetic and hilarious.
Educate yourself before humiliating yourself, AGAIN.
zen222
10 시간 전
'Tesla Takedown' Movement Eyes Expansion to Include SpaceX's Starlink
Who would've thought that ketamine-addled, hair-plugged, far-right conspiracy-spreading, megalomaniacal fascist, serial-lying sociopath would become so unpopular? I did Nazi that coming. LOL!
Ongoing Tesla protests are expanding to target Starlink and other Elon Musk-backed enterprises.
Organizers of the "Tesla Takedown" movement told Business Insider that they have "already started laying the groundwork to expand Tesla Takedown efforts to target other Musk businesses including SpaceX, Starlink, X and xAI."
https://www.msn.com/en-us/money/companies/tesla-takedown-movement-eyes-expansion-to-include-spacex-s-starlink/ar-AA1DDb6B?ocid=winp2fptaskbarhover&cvid=7df0f9081d8845c7bb8fb0ab1a045799&ei=29
hedge_fun
11 시간 전
Or how 'bout BAD revenues? That makes......
the price drop too, right?
Up 60 points from Monday's lows, and they missed their numbers.
Go figure!
The terrorism, brand damage, media trashing, etc., was priced in, hence the rally.
We'll see where it goes from here.
zen222
11 시간 전
I NEVER said you were, I'm just hoping.........
you do.
Also, I never called for below $200 this month.
More likely next month.
You can jump up and down and kick and wag your finger all you want, but the market doesn't listen to you or me.
And I don't follow noise, I follow verifiable information, professional analysis, and hard data.
The market exposes your weaknesses. If you don't understand that.....well.