34 percent depreciation after one year and 6,000 miles
Multiple signs from the last two quarters indicate that sales of Tesla vehicles are declining more sharply than ever. The company is struggling to sell the Cybertruck in particular, as its perceived value has started to plunge.
In the first quarter of 2025, Tesla saw the biggest sales decline in its history. A January report showed that its year-over-year sales fell by half in Europe overall and by 70% in Germany despite rising sales of other EV brands. In February, sales dropped by 49% in China as the company reported its lowest numbers since 2022. Last month, Chinese EV automaker BYD outsold Tesla in Europe for the first time.
I see the same but cannot for the life of me understand how the stock isn’t shitting the bed. The whole US market is irrational at this stage but Tesla is just ridiculous
A lot of people still believe Musk is some sort of tech genius, and he will revolutionize AI and robotics with Tesla.
But Tesla isn’t even among the leaders in anything anymore, either Electric cars, or self driving, or AI/robotics.
Tesla boasted the most profitable car production a few years back, and people think he is also some sort of production of scale genius. But today Tesla is selling every car at a deficit!
Their profits comes mostly from selling CO2 tax credits and then some from financial gains. The main business is losing money already, and that will probably get worse as the competition out-competes Tesla heavily in China and EU, and only USA remains as a niche market for Tesla behind a protective wall of import tariffs.
lol no.
It’s a meme stock.
He can keep Tesla stock high by doing something extreme. He just needs to keep being more extreme than the last time. Buckle up buckeroo.
Maybe I’m naive, but I generally like to think that at some point people wise up. But Trump has proven me wrong way more clearly than I’d like to admit.
So maybe you are right?
I really think people are banking on him buying a public contract to make the government use teslas.
That won’t cut it. This could work for SpaceX but not Tesla.
There’s already a $400 million deal to buy armored Cyber trucks.
I think his wild promise around the self driving taxi is protecting the value some. It’ll never get off the ground though, and I think once that reality hits the stock will tumble again.
It’s already down 45% from its high, and it’s never going back. That high was all a delusion, based on nothing but faith in Skum, and now that we know him, people don’t have that same faith.
The stock is being supported at this level by institutional investors. Every big fund holds a large chunk of Tesla stock, but that will start to change. With each successive disastrous earnings call, the stock will shed more and more investors, and at some point, the big institutional investors will start to dump it, too, and then it will properly crash.
maybe they think that agent orange will bail it out and they’ll get free money?