59% drop in France from April 2024 to April 2025
https://www.thecooldown.com/green-bu...france-europe/
This isn't about the stock price, Lusty. It's been about sales from the jump and these drops are tremendously bad.
As for stock price, you know that it's not perfectly correlated to nor contingent upon earnings. Originally Posted by HDGristleYou're splitting hairs, Gristle. Over the long term, the correlation is very strong. Sales to earnings/earnings guidance to stock price.
You're splitting hairs, Gristle. Over the long term, the correlation is very strong. Sales to earnings/earnings guidance to stock price.I’m saying it’s a bad thing. But Mr Gristle is always on the wrong side of history.
The biggest chunk of Elon Musk's wealth is tied up in TSLA's stock price. The point of this thread is to CHEER the erosion of Elon's wealth, right? That's what Minnesota Gov. Walz (whose State Investment Board holds over 1.8 million TSLA shares, cough cough) has been doing. Tell me again - is that a GOOD thing or a BAD thing? Originally Posted by lustylad
Sorry, Lusty. My focus hasn't been on the stock price or who's invested.VW isn’t doing so great either.
It's this pesky sales crash that's got me interested.
https://eladelantado.com/news/tesla-europe-volkswagen/
When VW and BYD are eating their lunch in Europe, in a growing EV market, there's something amiss. Step back from the stock price. How does he convince buyers to buy Tesla here?
Each month seems to get worse and what seemed like a position primes to dominate is now precariously positioned to not just miss, but miss bigly for multiple quarters Originally Posted by HDGristle
I'm aware, and yet they've overtaken Telsa in sales. That says a lot about how fragile Tesla's power to move vehicles in Europe has becomeEurope has always been a VW stronghold. Tesla is a newbie compared to them. They have a 70yr head start on Tesla. Mebbe you need to dig deeper.
Dig deeper Bam. You're scratching the surface. Originally Posted by HDGristle
Cyberstuck in the Lothttps://futurism.com/tesla-unsold-cybertrucks-crisis
Tesla Is Sitting on an Enormous Pile of Unsold Cybertrucks as Crisis Deepens
Hundreds of millions of dollars worth of Cybertrucks are rotting in dealership lots.
Tesla's Cybertruck, it's fair to say, isn't exactly flying off the shelves.
AsElectrekreports,the automaker's inventory of unsold Cybertrucks has reached a record high of over 10,000 units — even as it reportedlyslows down production of the disastrous vehicle.
The figure is an estimate based on the number of Cybertruck listings in the US, tracked byTesla-Info.com. If accurate, it's an embarrassingly high amount of expensive vehicles out there — about a staggering $800 million worth, per the reporting — that have never even left the dealership lot.
In the entire first quarter of the year, for comparison, Tesla barely sold around 6,400 Cybertrucks,according to Cox Automotive.
Clearly, Musk's company is having trouble suckering people into buying the stainless steel behemoths, and it's not hard to understand why buyers are staying away. With complaints of itbricking after going through a car washtobreaking down after a single mile of driving, its reputation for being shoddily made is well earned.
It's alsobecome a symbolof public outrage against Musk, as the automaker facesworldwide protestsfor its CEO'sfar-right politicsand hisrole in the Trump administration.
The Cybertruck has also been recalled a whoppingeight timessince it first started shipping to customersin late 2023, One recall was because its acceleratorgot stuck in the down position. The latest recall, meanwhile, was to address the small issue of itsglued-on body panels flying off, affecting nearly every single Cybertruck the company had sold at that point — approximately 46,000.
If you just did the mental math, then you'll know that, at this rate, Tesla is nowhere near on track to match the amount of Cybertrucks it sold in 2024 this year. Consequently, it's also an entire galaxy away from reflecting theone million Cybertruck reservationsthat were allegedly made ahead of its launch — or, for that matter, the 250,000 Cybertrucks sold per year thatMusk promisedwould happen.
Right now, Tesla will be lucky if it cracks 20,000 Cybertrucks sold by the end of 2025.
Of course he is giddy. Just like Tampon Tim. But at least Gristle isn't irresponsibly violating his fiduciary duties as a trustee for the MN State Investment Board by publicly trashing one of their biggest holdings. Originally Posted by lustyladNah, he’s just flailing away on a hooker board. And not to convincingly.