Quote:
Originally Posted by RedLS1GTO
3 quarters left to catch back up...
https://www.cnbc.com/2024/04/02/tesl...n-numbers.html
Tesla's statement says “decline in volumes was partially due to the early phase of the production ramp of the updated Model 3 at our Fremont [California] factory and factory shutdowns.”
That may be a little more valid as the reason if you didn't build 46,561 more than you sold ...
Now imagine where they'd be if they didn't get handed a $7500 head start on each car by daddy .gov. |
The bigger reason for the drop is less demand in China due to Chinese competition. Don't forget, those are GLOBAL numbers and the Chinese market is very tough.. It won't get any easier for Tesla going forward. Very soon, chinese EV makers will enter the US market as well.