bearish

Tesla

Tesla Q1 Deliveries: Look Out Below

Vicki has highlighted this Insight as a Top Pick
496 Views03 Apr 2024 10:43
Q1 Deliveries missed by a mile both plunging market consensus and Tesla's expectations as sales crashed while it overproduced to record cumulative excess inventory which jumped 70% vs last year.
What is covered in the Full Insight:
  • Declining Q1 Deliveries
  • Growth of Excess Inventory
  • Weakness in Model Y and Model 3 Sales
  • Projected Sales Rebound in Q2
  • CEO Elon Musk's Impact on Tesla's Brand
Boomeranged on Tue, 16 Apr 2024 05:24
Severe job cuts coming at Tesla Inc after wildly overproducing Elon’s “appreciating assets” even as a year of drastic price cutting + expensive buyer perks fail to reverse plunging demand in Tesla’s paltry, aging, poorly made & supported fleet, as I warned again in Tesla Q1 Deliveries: Look Out Below.
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