SAN FRANCISCO/LONDON, April 1 (Reuters) - The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by market intelligence firm Caliber, which attributed the drop in part to CEO Elon Musk's polarizing persona.
While Tesla continued to post strong sales growth last year, helped by aggressive price cuts, the electric-vehicle maker is expected to report weak quarterly sales, opens new tab as early as Tuesday.
Caliber's "consideration score" for Tesla, opens new tab, provided exclusively to Reuters, fell to 31% in February, less than half its high of 70% in November 2021 when it started tracking consumer interest in the brand.
Tesla's consideration score fell 8 percentage points from January alone even as Caliber's scores for Mercedes, BMW, and Audi, which produce gas as well as EV models, inched up during that same period, reaching 44-47%.
Tesla did not respond to a request for comment. Musk in the past has blamed high-interest rates for curbing consumer demand for big ticket items like cars.
Caliber cited strong associations between Tesla's reputation and that of Musk for the scores.
Full article behind link: https://www.reuters.com/business/autos-transportation/would-be-tesla-buyers-snub-company-musks-reputation-dips-2024-04-01/
"The EV slowdown is shaping up to be a Tesla slowdown," Cox analyst Stephanie Valdez Streaty said during a conference call Thursday.phew
By reilo Go To Post
https://www.bloomberg.com/news/articles/2024-04-01/tesla-tsla-deliveries-could-decline-for-the-first-time-in-years?embedded-checkout=true
URL slug says it all
Stock still worth more than the entire car industry.
Tesla shares fall after deliveries drop 8.5% from a year ago
Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries of 386,810 fell 8.5% from the year-ago quarter.
According to a mean of 11 estimates compiled by FactSet, analysts were expecting deliveries around 457,000 for the first three months of the year.
A consensus of 30 estimates sent by Tesla investor relations over the weekend to select investors indicated that analysts were expecting a mean of 443,027 deliveries and a median of 431,125 deliveries for the quarter.
By Hentai Samurai Go To PostI will not repent
please dont disrespect my body type
I read an article earlier about a noted Tesla bear saying a $14 Tesla stock isn't out of the realm of possibility.
By Pac-2 Go To PostI read an article earlier about a noted Tesla bear saying a $14 Tesla stock isn't out of the realm of possibility.that would put the market cap of Tesla at around 44 billion which would be more in line with car makers like Ford, GM and Hyundai.
but that's not going to happen in the near future.
Elon will just tweet out that the next roadster can fly to the moon and the stock will go up to $250
“It was great for 5 minutes” is a self deprecating sex joke, not something you say about a car that starts at at $80k
Elon retweeting even though the video attacks people like him. No chance he actually watched the whole thing.
By FortuneFaded Go To PostElon retweeting even though the video attacks people like him. No chance he actually watched the whole thing.Conservatives taking things out of context and running with it? Never
By Rob Go To PostConservatives taking things out of context and running with it? Never
Not even once.
Yea he was saying some shit about licensing FSD. Whatever he can do to prop up the stock with false promises. I don't see any other manufacturers looking at FSD and being like "yea we want that".
no idea if this is true or not and i'm not installing the app to check for myself. i kinda do and don't hope it's real: https://wetdry.world/@seraph/112241754503585255
By Laboured Go To PostYou wanna cringe to death?
Lethal injection isn't an option?
By Pac-2 Go To PostLethal injection isn't an option?For you? Yes, just move to Oregon and request one. It's legal.
Damn, so he is online pretending to be an anti musk left winger
Imo this confirms it
Relio is Elon Musk
Certainly posts like him: https://slaent.com/thread/2392775/page/1/post/2414864/