2mo ago

Tesla shares slide after it reports first drop in annual deliveries

www.cnbc.com Tesla shares slide after it reports first drop in annual deliveries

Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.

Summary

Tesla reported its first annual decline in deliveries, with 1.79 million vehicles delivered in 2024 compared to 1.81 million in 2023.

Fourth-quarter deliveries (495,570) fell short of analyst estimates, causing Tesla shares to drop 7%.

Challenges included rising competition in Europe and China, declining sales despite price cuts, and growing inventory of Cybertrucks.

Analysts cited CEO Elon Musk’s political involvement as a potential distraction.

While Tesla plans to release lower-cost autonomous vehicles in 2025, its lack of affordable EVs and intensified competition have strained its market dominance.

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2mo ago

Tesla shares slide after it reports first drop in annual deliveries

www.cnbc.com /2025/01/02/tesla-tsla-q4-2024-vehicle-delivery-and-production-numbers.html

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114 comments

Bear in mind - Tesla is massively overvalued.
- I think Tesla is fairly valued.
  
  Holy hell that really puts things in perspective 😮
  
  Yep, no problems here whatsoever.
  
  You need another of these to go with it that shows these companies in terms of revenue.
  
  So the graphic shows the overvalued stock as proof of it being fairly valued?
  
  Nissan conspicuously absent
  
  Truly Elon is a Savant of our time to build such an incredibly successful company while failing to even capture an appreciable proportion of actual sales. Real "voice of a generation" level shit.
  
  Their revenue is about half of Ford's.
  
  Shocked Ferrari is worth more than Volkswagen. I wonder how much of that is F1-related.
  
  Now do one that counts vehicles delivered.
- I mean, all that proves is that the Stock Market is completely irrational and always has been and using as a metric for whether or not "the economy" is doing good has always been a fucking farce.
  Tesla isn't the only massively overvalued company in existence at the moment, just the biggest and most obvious example.
  Theranos was valued at around $9 billion before it all came out that it was a scam.
  
  Damn, I remember that reddit post about the lab rat being told to falsify evidence or lie. I have a friend who's in the industry and he was going crazy about it.
- The day that bubble bursts will be hilarious. I'll probably grab popcorn and livestream Twitter for Musky's meltdown
- It took some work, but I got them out of my 401k. So many funds have TSLA stock.

Piss off liberals who are pro-environment.
Align himself to MAGA who loves their gas guzzlers
- They may not love their gas guzzlers after a year of super high gas prices.
  
  Can't wait for the "I did that!" stickers.
  
  No, they absolutely still do. They just bitch about it more and blame the president.
  When gas hit over $4 a gallon here in Texas, it barely moved the needle on sales of smaller vehicles. Those that did change vehicles went right back to that Ford F950 the second it came back down. Like, no one learned their lesson.
- And then he called American tech workers removed. Insulting your customer base is an interesting choice.
  
  You can say RETARDED.
  Let's not sugar coat what this fucker said.
- MAGA also like cutting spending and Space X relies on billions of tax funding. So buy yourself a president and run fake department that aims at cutting spending so you can be at the table to not cut space X. Maybe let space X "absorb" NASA
- Hoped for a loss of more than 20,000 tbh
- You see that is not his goal. It is to capture everyone. He already had and still has a lot of liberals. How do you grow your base then? Obviously appeal to the other side.
  It is not an either or thing for him, he wants to fool everyone. You see this behavior in a lot of attention seeking pick me bitches.

Is musk going to tweet something about a new, futuristic project that Tesla has coming up that he’s just ripping off from an 80s sci-fi movie again so the stock price bumps back up?
- Tesla's stock price has been firmly disconnected from reality for a while now so probably
- I think cars bore him now that he can play statesman
- The 6000 SUX
  https://m.youtube.com/watch?v=JkpAXvfElXY
- New model FSB

I bought into the shit he was marketing back in 2019. I got a Model 3 and a single share of Tesla stock, and realized pretty quickly after a year of FSD not improving that Elon was full of shit. Some time later that one share turned into three because tesla did a stock split so elon could buy twitter, then sometime after shareholders approved a 50 billion pay package (not me).
So when he bought the republican party and the stock shot up, I got out. Didn't make any money, but fuck that guy. I cannot stand this Mfer or his shitty companies.

Deliveries are the closest approximation of sales reported by Tesla but are not precisely defined in the company’s shareholder communications.
You know, I'm really tired of our country just letting this guy make up whatever fucking metrics he wants, and then we run everything on those fucking wrong-ass metrics. He did the same thing with Twitter and "impressions." It's all about lying through your teeth about what's really happening and using metrics and statistics to confuse people.
A delivery isn't the same as a sale, not even close. For instance, they also deliver vehicles after repair.
- good thing there a lot of those nowadays :D

Teala isn't releasing 2 lower cost autonomous vehicles in 2025.
They are releasing 2 lower cost vehicles.
The robo taxi isn't until 2026 if you make the assumption it's on time and is autonomous.
Saying teala is releasing 2 autonomous vehicles in 2025 is like saying teala sold 1.79 million autonomous vehicles this year.
- The robo taxi isn't until 2026 if you make the assumption it's on time and is autonomous.
  This reminds me of my old physics assignments:
  "Assuming a perfectly spherical cow...."
  
  I want to hear more about this perfectly spherical cow question.
- Any sane government won't let them on the road until that is decidedly not the case.
  Asking for a sane government is a big ask nowadays it seems though.
- The robo taxi isn't until 2026 if you make the assumption it's on time and is autonomous.
  Tesla has said Full Self Driving is coming next year for like 9 straight years in a row, and the only thing that came out of that was "obviously FSD is a marketing term, only an idiot would have bought FSD and thought they get an autonomous vehicle"
  Space X pushed the hyper loop when California pitched their idea of building high speed rail throughout the state, and once they gave space X a grant and cancelled their plans, he dropped the project.
  Tesla's value comes from vibes and the potential of what some vaporware technology could be worth if they could actually build it.
  I mean honestly, if Tesla could build an autonomous vehicle that could pay for itself in 1 year from taxi fares, why would they sell that to the public? They'd make way more keeping it to themselves or maybe franchising it out. A complete monopoly on the autonomous taxi industry sold for $45,000? Yeah, right.
  
  I'm just trying to correct the article dude. It was blatantly wrong, sloppy writing.

what sort of scumbag could own tesla stock, or even buy a tesla in the last year or more, and still sleep at night?
- Sociopaths. Money over ethics.
  
  If you have a 401k, IRA, company pension, or any other type of traditional retirement accounts, you likely have some Tesla at least indirectly, and while you might not have direct voting rights, you would at a minimum have ownership of funds that have ownership of Tesla.

I shake my head at Tesla drivers and throw a hand job gesture to every wankpanzer I see. There isn't enough public shaming of fascists and their enablers.
- Yesterday, my wife saw a cybertruck for the first time. She went "wtf. Is that fugly thing a cybertruck?" I guess the pictures didn't do it justice.
  
  I thought it was maybe a hard vehicle to photograph... Surely it can't be that bad, right? Then I saw one in person and realized the photos made it look good by comparison. ..
  
  They really don't. They look like they were drawn by a 7 year old.
  My 7 year old thinks they're absolutely great. His reasoning: "because that's exactly how I would design it!" He proceeded to draw a cybertruck indistinguishable from the thing you see in real life. I was horrified, because it proved to me everything I needed to know about the vehicles design.
  Elon Musk drew it himself, and told the engineers exactly how to make it. And because he lacks any apparent skill, his drawing ended up looking exactly like a 7-year olds imaginary truck.
  
  Yeah I mentally expected compact car size because they kind of look like those angular shitboxes from the 90s. I think they were geos? But they're like twice as big and four times as shitty.
  
  It is really the dumbest vehicle made in quite some time.
- A lot of people bought these cars before it was obvious who Elon was.
  
  Yes. Exceptions are the new model 3s and wankpanzers. All of these people knew.
- I actually like Tesla. I just hate Elon more. We came close to buying a Tesla once or twice, but now it's totally off the table.
  
  I liked Tesla years and years ago too. No more.

Line went down! Abandon ship!

Can't fathom buying one when you can't do any repairs on your own.
- Anything can be fixed on your own if you have the aptitude. But i can imagine dropping a battery pack that weighs whag a regular economy sedan weighs will be tough for even the most competent diy people. Ive swapped a few engines and honestly i would rather not fix a tesla. Im good with a toyota hybrid.
  People thinking were going to het rid of ice vehicles and transition to a market that is compromised of a majority lithium based batteries are smoking some good shit. Firstly i think the amount of electric vehicles sold in 2022 was about 10 million while the amount of cars sold in total was about 80 million. So 12.5% of the new car market. Meanwhile were already reaching a bottleneck of lithium supply which is not great for the environment and super exploitative to third world people and economies. So we need to increase the lithium battery production capacity by at least 1000% and this doesn’t even account for the cordless power tools industry and all the other consumer goods needing lithium batteries. Americans and our world leaders are selling us a pipe dream that is induced on a fever dream of hope and wishful thinking. But it isn’t even that good in practice because have you seen these lithium battery fires? Requiring tens of thousands of gallons of water to extinguish? Its a fucking mess and the only real viable option is to make a breakthrough in solar technology. Or maybe cold fusion? Hibestly im not an expert so i don’t know. But i do know lithium batteries aint fuckin’ it.
  
  China is transitioning to electric just fine. You sound like the guy who predicted only 1 billion people can live on Earth without starving.

On December 24 Tesla's shares went up by 7%. On December 17 they went down by 8%. Movement like this happens all the time, will we get headlines for each one? Overall, Tesla's stock price is still up 50% over the past year. I wouldn't consider this to be all that significant a drop yet. Let's see what happens with their upcoming product releases.

I'm amazed there is still 1.79 people who don't follow the news or how much of a toddler Musk is.
Nobody wants to invest in anything he touches anymore,and he has shown he will just disable software in vehicles if he feels like it. Wonder how long until he starts targeting his opponents with his vehicles, he's already doing it with his other platforms.
- I don't get it but it is wrong to say nobody wants to invest in his stuff, look at the stock, it has already bounced back.

Autonomous!!! Muahahaha

You'd think the tariffs would be a big booster for them. BYD cars would kill them, but so would BYD batteries used by other automakers.

Good

Yeah if the parking lot full of cyberderps I drove past doay says anything the post preorder sales may be slouching.

$tslaq

114 comments