Tesla US sales fall again. No surge for EV credit.

That seems... bad.

stock up 5%

Sales down 7% year over year; stock up 4% on the news

In theory the EV credit surge won't happen until September. Even then it'll only be a temporary reprieve from their loss of sales. Q4 sales losses will likely be significant given how strong Q4 was last year.

Memestock. Reality has no effect on it. Well, until the bottom falls out and everyone loses their shirts.

It all depends on how many wait until the deadline.

More!

Sales rose against July, but down year over year.

That’s not what the stock says. Cult followers will say that’s bullish because Tesla is pivoting away from cars 🤷‍♂️ The master plan is working

Used the expiring credit opportunity to upgrade from a model Y to an S6 etron. Paying the same price 🫡

How do you like the Audi? They look great!

The article I read right before this said they're canceling the S6 Etron, so good to get in while you can! *edit* They're canceling the RS6 Avant Etron, I read wrong.

Well Cars is not really what Tesla and the Genius hardest working man in Silicon Valley is working towards. It will be Optimus robots in every home by 2026 and Teslas earning risk free income for the owners while they sleep. How could this stock not be 1000 dollars today?

Traders expected worse?

It's like when your baseball team is losing by seven runs in the 8th inning and you turn to your buddy and say "We got em right where we want em."

Did car price increases? I am looking for used MY and it is more expensive than a few months ago . I have to hold back until price back to normal

Decreasing car production equals more sex robot production, which is a trillion dollar industry

That is a really bad sign for the brand if even the expiring credit didn't boost sales.

the stock is so separated from the reality of the business that i don't think any change in the business will have an effect on it. If tesla suddenly started selling 10x as many cars next year, at the same profit margins as today, the stock would still be overvalued for the car business. (and there is no other viable tesla business especially given how far behind on batteries they are now)

Only reason sales would be low is due to not being able to manufacture enough cars which is strange. If you look at the Tesla forums tons of people have ordered and are worried about delivery dates. Many of them more than a month out at this point. Maybe it's because they only have 2 manufacturing facilities I don't know sales will definitely be up once the August and September sales are factored in but it's definitely going to taper off significantly after that.

As slow to react as Optimus is it will be a boring fuck.

Tesla sales drop across many countries Tesla only goes up!! Printing $$$$$ machine!!

I’m not even sure what that means anymore. Tesla is continually underperforming, just not as badly as investors expect. Sure, that part is fine. The part that makes no sense is the stock is so overvalued and the only defense of the price is that the company is supposed to have this exponential growth. Obviously this is nothing new to anyone in this sub, but god damn it just makes no sense. They’re priced like they have 90% of market share AND growing. In reality they’re hemorrhaging market share every month and we have concrete proof of that every quarter.

And yet the stock is pumping...

For a lot of Tesla diehards it will be their first sex and therefore it’s worth it to get the $12,000 software upgrade for the “yah, yah, harder ba-by” Germanesque moans. Edit: you cant possibly expect climax from a pre-release, untested, Alpha-test product. Don’t you know how iteration works?

Loving it so far. One of the best cars I’ve driven

That’s such a good analogy. It’s like Tesla scored 4 in the first inning, 2 in the second, 1 in the third. Then the other team scored 1 in the 4th, 2 in the 5th, 5 in the 6th, 7 in the 7th, 10 in the 8th. It’s 25-7 but Tesla fans are still looking at the runs they got in the first 3 innings.

Yes, and the seams will be as bad as on the Cybertruck. All those sharp edges. Ouch.

Nope, it'll still rise.

Is Elon going to record those himself?

There's certainly been a surge in EV sales for the US EV tax credit; even though most OEMs will be forced to drop MSRPs once the credit is gone anyways. Surge in sales for Tesla? Sure, but clearly most expected it to be larger. As it turns out... all new Teslas since Musk went far right wing, fascist, nazi have a new front end that makes it abundantly clear to onlookers that the customer knew exactly who Elon Musk was when they bought the car; no bumper stickers will be helping with that. From a pure market standpoint, Tesla did have a massive advantage in the US for a few key reasons that are now quickly disappearing: * Proprietary charging; One of the biggest selling features for Tesla that locked their chargers to their own cars. Now that the chargers have been opened up, there's no requirement for people to buy a Tesla to use this network.... the advantage is almost entirely gone. Tesla also finally provided (sold?) a CCS adapter to their owners, the largest group of EV owners in the US, so that they too can use other charging networks. Some other networks have also begun using the NACS plug. This has provided other universal charging networks the revenue they need to improve service and expand; something Tesla was actively working to stifle previously. * Lack of competition, both in terms of model options, and in terms of restricted supply. Brands seem to be flooding the market with plenty of supply for various models and trims, * Prices... it seems like every day we're hearing about deals from other brand vehicles that are SIGNIFICANTLY cheaper than Tesla. * Cost of insurance. As it turns out, using loads of aluminum in your vehicles, having a small number of collision shops, and having constrained parts supply means collision damage can be extremely expensive to fix, and can lead to vehicles more likely to be totaled. * Autopilot. There are now numerous highway ADAS systems from just about every brand that do the job just fine for the majority of drivers; some of which that are hands free. * IMO, FSD (supervised) has only ever been a big selling point to Tesla investors and fanatical Tesla/Musk stans who really bought into the whole "Musk is the messiah" idea. To be honest, there have been a lot of these people. The vast majority of these folks have invested large chunks of their life savings + margin into the stock. Many are intentionally attempting to help train/test FSD knowing that if the program succeeds in achieving unsupervised FSD, that the stock will go up and enrich them, so they're willing to work for no salary and take full liability for accidents with the end goal of enriching themselves. Since most Americans don't directly own Tesla stock, they literally don't care about this. Some have started youtube channels to not only generate income for themselves, but to try and convince other vehicle customers to buy Teslas... in hopes of increasing the company's revenue and increase stock price. So FSD may have lead to some big interest in Tesla vehicles for new customers in the earlier 2020s, but today... maybe not so much... Come October, the cliff that EV sales could fall off of could be huge due to demand pull forward, and given that Tesla ONLY sells EVs... this could hit them by far the hardest. Other brands, while they have transitioned a good bit to EVs, can still easily pivot back to ICEVs (sadly) and HEVs (not as sadly).

*Kabajillion* dollar return by *NEXT YEAR*

"Did you SEE how great we did to start off this game? We were *unstoppable!!!"*

Why not? It should have started right as they announced the credit was going away, right? People don't make decisions and buy cars in just a few days usually... they would start to make those choices based on the deadline beforehand, they wouldn't all wait till the last minute.

TIL there was an RS6 Avant Etron. That would be out of my price range but it would be sweet.

It’s not a car company it s a slow robots and racist Ai company!

From time to time, I look at the used Model Y's from Tesla. In the past there have been some decent deals. Those days are over. Nothing under $30k, and very few to choose from. Either people have snapped them all up or they're not advertising them to push sales of new ones before September 30. Either way I'm not interested in putting money in Elmo's pocket.

[removed]

And the stock is UP $10. Onward to $450

At least with the Audi EV, you won't have to remove the engine to change the timing chain or other components. LOL

Don't. People are getting underwater on Teslas as they depreciate fast, especially as Tesla keeps cutting costs on new ones and offering 0% financing

Tesla is the only US company that can drop MSRP and still make money. As the charging network develops Tesla will increase it's sales lead because of their cheaper cost of production. None of the other US manufacturers can compete on price and as long as Trump is in office China/BYD can't compete here either.

It’s wild to see for sure. But I don’t think it will last forever.

Or the CAFE emission credits. That’s going to hurt them even more.

1000 by eoy. Bullish!!!

Can they? On their vehicles? Evidence? If Tesla is forced to cut their MSRPs per vehicle by $7500 after the loss of the federal EV tax credit at the end of September in order to maintain higher volume sales, that's like taking $7500 in profit out of the sale of a high percentage of the vehicles they sell and lease in the US; likely as many as 80%+ of their total sales. Add in that they will likely lose all of their pure profit ZEV regulatory credit income starting in Q4... possibly partially in Q3 as well. I've seen claims that 80% of their regulatory credit is from the ZEV credit program, so about $1.92 billion of their vehicle division's profits come from this, which AFAIK, will be completely gone in Q4. Given that their overall vehicle division, even with these subsidies, isn't exactly generating much of a profit today... (their energy division is the main source of their recent profits)... their vehicle sales, in the US at least, could end up generating losses for each sale after the BBB changes. Tesla could lower prices by a smaller amount than $7500, although it's hard to say what their actual margins are on their US sales and how much they can cut from the MSRP to maintain profitability, but a lower cut means cost to purchase for 80%+ of their customers will increase, likely impacting their demand and total sales, forcing them to cut supply and making their assembly lines operate less efficiently, costing more money per unit of production. Other OEMs are in the same predicament with their EVs, but they have other powertrains that will be unaffected by the BBB changes to rely on for revenue and profits. Lower production of EVs for those other OEMs doesn't necessarily mean all of their parts will see significant reductions in supply, given they use similar components in all of their cars, regardless of powertrain. Tesla's entire parts supply could be affected to a larger degree.

Nothing motivates like a deadline. People will take their time doing research, waiting for a deal, etc. They tend not to pull the trigger Until the deadline gets close because "there's always more time".

They won't have to cut $7500 because the competition has to deal with the tax credit loss too. Musk is talking the short game and playing the long game. Tesla has plenty of rural buyers as soon as the charging network expands to rural areas. Low cost of production wins the EV race.

Tesla pivoting to AI cat girl bots. Company's image only slightly less embarrassing.

Musk is claiming a quadrillion or whatever it is valuation due to AI and robots etc. stock so cheap in that scenario. Automatic buy. Musk always meets expectations. /s

But I am looking for used MY car 🚗… does it cost more to insured Tesla than Toyota?

What??? How could there be manufacturing issues? They only make five vehicles. Of those, three are low demand. Sitting the CyberTruck debacle aside, as of earlier this year the S and X are now only sold in North America (other than for existing S/X inventory that might still exist outside of NA). Losing foreign markets on aging models should guarantee availability for those when North American demand is also in decline unless they're heavily throttling manufacturing to compensate. So now you're down to the 3/Y. They're now apparently importing excess German capacity to Canada to get around retaliatory tariffs so there's even less demand on their North American manufacturing for those. With North American 3/Y sales down year over year for several months and quarterly numbers showing more cars being built than sold you should be able to walk onto almost any dead mall parking lot and just pick an existing car and drive home once the battery has been charged.

I laughed way too hard at this....

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crazy

That’s a shame. Anyway…

Musk has arrangements with hedge funds to pump the stock on any bad news. Trading in 2025 isn't worth it.

Probably because it's analyst estimates, not hard numbers.

We have two Tesla’s. 3 years ago had u asked my family what cars they would get they would all say Tesla. The past two months my youngest son got an EquinoxEV, my oldest a Kia EV6 and my sister a Volvo EC30. I would not get another Tesla with Elon involved.

If analysts estimated a 10% drop it would soar even higher ....... ? Lol

Surge ALREADY happened.

Go on autotrader or cargurus and you'll find all the used Teslas you could want, lol

Haha, I have seen pics of those engine bays on audies..

Megapack presentation was really cool. I am excited. The Autobidder software is an industry leading product.

Pretty sure any guy willing to put his dick in something Elon constructed is a moron who should not reproduce. Looking forward to the lawsuits against tesla’s sexbots involving severed man parts. Shudder.

But hey they're not a car company anymore so that doesn't matter!

It is surging for other companies already. Ford and GM reported big increases.

If that's your belief, then you don't know how tax credits work. Once the tax credit is revoked on 10/1, then without MSRP reductions, the overall price that customers pay for those EVs goes up by $7500, presuming the customer and car qualifies for the credit. Not all customers, and not all cars currently qualify for the credit. Teslas do. I'm estimating about 80% of Tesla customers qualify for the credit. With the price of a product going up so significantly overnight, the demand for that product will decline as there is a smaller market of customers willing to pay that higher price. The only way to get demand back to pre-credit cut levels is to reduce the MSRP by an equivalent amount. I'm saying they need to reduce MSRPs by $7500 just to make it easy, but in reality it's closer to $6500-$7000, given that the lowered MSRP would result in some savings to the customer through lower sales taxes and loan interest payments. Sure, Tesla could opt to leave prices as they are and sell significantly fewer cars on account of the lower demand, but I doubt that'll be the case. Competitors will also need to cut their prices to retain higher demand levels, and thus Tesla will have no choice but to cut prices to compete. Plus, regardless of what the OEMs choose to do with their prices, the expiration of the EV tax credit means people are currently rushing out to buy EVs prior to 10/1... meaning a demand pull forward. After such a pull forward, the following 1-2 quarters will almost certainly see a demand lull, since customers planning to buy a car in Q4 '25 or Q1 '26 will move up their purchase dates to pre-10/1/2025. Further, EVs do not only compete against EVs. They compete against all other vehicles, regardless of powertrain. Not everyone is buying EVs because they care about the environment, or because they will only buy an EV. As a result of the loss of tax credits, IF EV prices aren't cut to compensate for the loss of credit, customers could consider an ICEV or HEV, on account of them being cheaper to purchase than an EV.

For the past few quarters they've been producing far more cars than they're delivering. How the hell are delivery dates out that far unless they've cut staff and now the delivery staff is a bottleneck for all that inventory lying around?

"only 7%"

Wth

Up 6 percent

The rage has gotten better. I recall it being a joke with 5 miles of range.

It’s going to be a blood bath when it come due!

Why are you concerned about changing timing chains?

He's full of shit. Ford and GM have already reported increases from the EV credit surge. Tesla sales are sinking even despite the EV credit "surge".

Am I misremembering but wasn't the diner also supposed to be a drive in movie theater or something too?

10 Quadrillion. I just mortgaged my house 3X and put it all in on TSLA. No other stocks will matter and Tesla will be the single company for everything. I'm going to be so rich

Yea he blew it. I have 3 Teslas and like them but will buy Lucid as soon as they come out with their lower models. I used to be the only one for miles around with an EV and now every suburban street you go down there are about 10. The elementary school kids still like them but most everyone else have soured. As a result used ones are an unbelievable deal.

Doesn’t help that Elon can’t stop running his mouth on X.

No idea, they did lay off staff and I know they halted production at points during the Elon/Trump hysteria I think they said it was for retooling but there was also something about robotaxi involved. I am getting old though I don't remember exactly. I just know from browsing the forums that they can't keep up with the demand because there are people that don't even have VIN numbers yet. It's probably similar with other EV manufacturers as well.

Time for Tesla to add some value to their cars. What about making the EAP the default AP?

\>Once the tax credit is revoked on 10/1, then without MSRP reductions, the overall price that customers pay for those EVs goes up by $7500 nah dude, china pays the tariffs /s

Inquiring minds know. It's a diss. If you own an Audi, pray god you don't have a failure of any of the complicated parts at the rear of the gas/IC engine.

Stop is and has always been a bubble based on Elons lies about the future.

I can nat si how this could be real? Oh wait. Elon's a Nazi. Now I get it.

The Y was refreshed and the factories were down for retooling so that was their excuse for why sales were down Q4/Q1 (and TBF the Y is the bulk of their sales). But since then demand hasn't outstripped capacity to build and they've clearly surpassed any "pent up demand" for the refreshed model because articles have shown immediate availability of them for months. I'm guessing it's more them waiting to have the call centers call people and force them into existing inventory vs taking new builds. The mall storage lot near me has really gotten big lately and constantly having people there charging batteries to keep them good has to get expensive.

Anyone have a copy of the charts from Enron? Asking for a friend.

Yep. Do NOT buy a used Audi with a V-engine. Probably don't buy one with any combustion engine. If you buy new sell before 5yrs old.

They'll pay the $12k for the upgrade which will be coming next year, for sure, 100%

Next year for sure!

Dude how do you guys makes so much money as a family to be able to buy all these expensive cars? I’m 23 and rocking a late 2000s Toyota Yaris

I agree but also being underwater doesn't matter if you wanna run it into the ground. Cars will never be investments

Over priced, over weight, over promised features. Everyone's over it.

I don't think I've met one person running a Tesla into the ground. I'm in the process of running my Toyota into the ground tho.

Now that I think of it, u got a point. Bunch weirdos.

When Tesla is a multi-planetary, multi-stellar AI and Fully Self Driving android company (HQ on Tau Ceti IV for the tax breaks) while spreading precious human consciousness into the far reaches of the cosmos, they won't want to be bothering with nonsense like selling cars. That's for car companies to worry about. Selling cars is for chumps that care about "profit margins" and "market share" and other woke nonsense like that. Ergo, stock goes up \^\^\^

They need to start selling Optimus robot asap

There is no news here. Let me know when Tesla stock goes down

Same here. I got rid of my Model 3 for Volkswagen ID.4. There are some things I like better in the Tesla like the regenerative braking and the software but overall I like ID.4 and it is nice to be not associated with the Tesla brand because of Musk.

When will that stop and fall out of TSLA‘s P&L?

> Only reason sales would be low is due to not being able to manufacture enough cars What? The only reason? You should see a doctor for your delusions.

Well stk is 6% up. I guess they need to really start selling some cars so we can see the stk go down

Tesla is increasingly seen as a car for old people and bad drivers.

I think it will unless there is a major change in market regulations the stock can only go up, it's supply and demand and as a lfund tied to wide spread indexes there is a constant inflow of money to buy a relatively fixed amount of stock. Secondly the primary stock holders Vanguard, black rock and others have too much at stake to let the company fail. About the only way the stock will drop off massively is if the market gets a sudden heavy addition of new stock such as if Elon liquidates his whole position in one go as directly to the market.

Just bought an ID.4. My only rule was NOT buying a Tesla…

Yup, a trillion dollar valuation in search of a business model. What could go wrong?

Seems like Musk is a great VW salesman, lol.

ID.4 regenerates if you just use the brake pedal. It has blended braking, just like a 1997 Prius.

More bad news, the higher the stock price goes.

Vanguard or BlackRock haven't much to lose: it's not their money, but money from their funds, most of them being passive ETFs

>Musk has arrangements with hedge funds to pump the stock on any bad news. Trading in 2025 isn't worth it. Pump, i understand. When is the dump?

Doesn't matter he will get that 1 trillion paypackage, you know its gonna happen, baffling I know but I have little doubt in the matter. We are already creeping to the 400 with all that terrible terrible news, sales etc. So I guess the stock will go x10.... sigh

Crazy that it's been that way since the 80s. My dad gave up on his Audi back then. You'd think the Germans would've cracked drivetrain reliability by now.

If it’s only up 4%, it might be time for me to sell my puts and buy calls. There’s easily another 30% upside to this news.

More importantly, sales down with an all new lineup.

This feels so exaggerated though, I took delivery of my new MY and the dealership was PACKED and my advisor explained they were delivering about 65 a day. There’s definitely more of a surge due to the EV credit and multiple other actions suggest this such as their waning incentives this quarter and gigatexas expanding production of the MY to Saturday as of recent news.

Tslq and chill... I'm down $800 🥲

Here’s what I don’t get: analysts claim that Tesla still has a bright future because they are a robotics company, not just a car company. But if the general public won’t buy their cars, then who is going to buy their robots? Basically, if you can’t do the easy stuff right, who is going to trust you on the harder stuff?

I dumped the Tesla and got a Lucid...

They have nothing new and interesting and everybody who wants one already has one. It's just people replacing what they already have now.

Tesla bubble poppers club will soon be celebrating their 10 year anniversary in 2 years lmaooo

Lol why are you crying then instead of buying the stock

People only have money in it because they think theres opportunity. When it becomes blatantly obvious that there are better investments elsewhere, Teslas time WILL come. Trust.

“If they won’t leave us in peace, then our choice is to fight or die,” wrote Elon Musk on X. Nuff said…

Matters when it gets totaled in a fender bender

Who would drive one now. They are disposable to boot

I think Elon is great but right now Tesla is overvalued. Losing market cap in EV’s, losing their rebates in sept and too much competition now. I know he has the humanoid robots and building batteries but that’s far from now. Just seems like the company is trading far above anything it’s worth.

Assuming it is totaled.

Welp, just ordered my MY, but I’ll cancel if it doesn’t get here by month end. Was a purely financial decision for me

Musk said a few days ago the parts he needs dont exist. (Hands) It will be years before this is a marketable product. At least 5 and maybe 10

All EV’s are also losing the ability to use express lanes on Sept 30. That is a non financial perk

When Elon has the money to buy new stock

In which state? CA? For sure, that's definitely been a huge selling point, especially given that a lot of people in CA have more money than time, and had long highway commutes in traffic. They were buying HEVs and EVs because they wanted to beat traffic, not because they cared about the environment. Although I imagine a lot more people work from home these days.

13 states including CA. My state just got rid of the 50% sales tax cut last month. https://www.msn.com/en-us/autos/news/special-ev-access-to-carpool-lanes-ends-september-30-in-13-states/ar-AA1Mrjkf

I just bought an Equinox EV. Basic model $15 less than a Tesla Y and about as good. However where I live (Marin County CA) I would guess 30-40% of the US & Model 3s I see are the new version (with the thin light strip at the front). That's only been around this year. So I am little surprised they haven't sold more. No question all EV sales will be down when the tax incentive goes away BTW now I have a modern EV (upgraded from a 2011 Nissan Leaf!) & other car is boat Infiniti SUV, can NOT imagine why anyone would buy an ICE vehicle ever again

C;mon... When you drive an internet-connected automobile - especially an EV - you are giving your corporate overlords an insane amount of ability to screw with your car whenever they feel like it. Tomorrow Elon just might decide to shut off all Teslas in blue states, and I live in Colorado. So I drive a Mercedes EV, and even though those guys helped the Third Reich (not that they had another choice besides a concentration camp) I trust their board of directors with my transporation more thanI trust Musk. Which is kind of sad. But I think more people are coming around to my point of view.

Because Elon bought 1 billion in shares. Not actual market indicator

Why is no one mentioning that the stock is up because Elon bought 1 billion in shares. Not indicative of market.