Tesla stock drops after missing on Q1 delivery and production estimates
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- Опубликовано: 1 апр 2024
- Shares of Tesla (TSLA) are falling Tuesday after the company missed analyst expectations with its first-quarter deliveries. The electric vehicle maker reported delivering 386,810 vehicles during the quarter, falling short of the 449,080 units analysts had anticipated.
Yahoo Finance's Senior Autos Reporter Pras Subramanian breaks down the details, discussing factors that may have impacted these numbers and the slump within the broader EV market.
#youtube #tesla #yahoofinance
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For context, a YOY "miss" would have been anything below 600k deliveries in Q1. Anything below 500k would be a disaster. The actual reported number is 387k. Auto loan rates have not even peaked for the cycle, nowhere near a recession, unemployment still under 4%, and consumers are still spending.
This abysmal performance is brought to you by a CEO who wants more dictatorial control over the company.
Elons becomming a right wing troll has basically alienated half the potential customers.
He'll get it regardless over the decade
He's the largest shareholder. If he doesn't get his 2018 to 2028 pay package which he has to hold for 6 years to 2033
Meaning he doesn't get a dollar from 2018 to 2033 in salary or bonus or stock options
He passed all 12 tranches of performance early-ish. If he resigned..the stock would crash
He's the largest shareholder so he would do the funniest and most obvious thing which is private takeover...don't underestimate the loss of him for market cap
ELON wants less than 24%
Also brought to you in part by consumers who aren't quite as hungry as we thought for current EV offerings.
@@ytj22 - FALSE , consumers NOT hungry for very CRAPPY BEV from Legacy auto.
they want SAFER & BETTER made BEV , that are more Efficient.
Another win for Cathy woods 🤣
Yep, a total win for anyone who understands that Tesla will more than triple in the next 2 years, the sale is on, Cathie Wood (not Woods) is loading up. People how lack the ability to pay attention to details will miss out just like they've missed Tesla stock jumping 800% in the last 5 years! ;-)
😂😆
@@mtndncersettle down, fanboy
@reginald7214 sorry, just acknowledging the obvious, I'm here to help you, please let me help you!! We both know you hear this a lot, it's time to grow my poor friend
Meanwhile my oil and refining stocks are setting new highs. I suspect Toyota and Ford will go higher as people realize that hybrids are better deals.
Oil & gas are UNSUSTAINABLE.
@@markplott4820 Actually, the fact that oil will run out someday makes my oil investments even more valuable. As oil gets harder to find the oil companies will be able to jack up their profits.
@@markplott4820 That fact that oil will get scarce one day just make my oil companies stocks a better investment.
Ford has a fair bit of exposure to EVs
@@ytj22 - FORD (fud motors) cant even make a BEV as good as the 2012 Tesla model S in 2024.
We sold all our Holdings in Tesla, too unstable of a company for me , bye
If you gonna get crypto, make sure it has real-world use cases, like XYO and it's decentralized physical infrastructure tech, along with VeChain... Fetch AI and AGIX for the AI tech and real world use case... SWFTcoin with it's cross-chain and patented tech...XCN for financial sector, along with XLM, XDC, and Hbar... For fun in the meme coin wars there's Dogelon Mars, which is the only meaningful meme coin and is associated with the methuselah foundation (human longevity research)
Holy buzzwords batman. Crypto is never going to have real world uses outside of money laundering. What attracts you to it the ability to spike in value is why it's way too unstable to base a real world business around.
4.9% = plunging ❔
or maybe YFinance trying to distract
from their wildly inaccurate
Q1 forecast.
Tesla next quarter delivers will be 150 🚗 tesla 🤡🤡🤡😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭
I pick my new model Y on Saturday. 😎
Sorry to hear that. Best wishes
it still a buy to 250 because of high income for the Cybertruck!!!
Ya a 100k novelty pickup truck will sustain them.
I like these guys how they talk out of the Wa Zoo if you are a investor now it's the time to get in. And this is my belly button 😅
TSLA shares are not based on REALITY.
Tesla outsold both gm & FUD motors in Q1 2024.
First quarter of 2024 total deliveries: Tesla: 386,810 vehicles down 8.5%. Ford: 509,352 vehicles up 7.9%. GM: 594,233 vehicles down 1.5%. Stop lying.
@@hwirtwirt4500 At this point Tesla and Elon fans are a quasi cult. Their attachment to the guy is emotional and irrational and any information that counters his infallibility must be false.
Tesla will continue to decline. The stock people greatly over=estimated their future. Those of us in the Automotive industry have known all along how small demand is for Ev's. So many companies wanted to go green and they bought Teslas. Now they have learned their lesson and ICE vehicles are available again. Tesla won't even be in the automotive business in 5 years. They'll have to pivot into something else.
TSLA to $420,69