Tesla (TSLA) releases Q1 2024 deliveries: disastrous results - eviltoast
  • Toto@lemmy.world
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    7 months ago

    Production out pacing demand is a bad sign. Tesla has burned through all the early adopters (who are generally more forgiving) and they way more competition. They need to go after the early majority population.

    Also, Elon is no longer charming. Like it or not it matters. No one can name a CEO of another car company so there less a 1:1 correlation between Elon alienating people and a brand.

    And regarding the “hardly disastrous” metric, it only matters versus your competition because is measures relative performance to what was available. Taken on its own is meaningless.

    • mctoasterson@reddthat.com
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      7 months ago

      I’d like to believe its a combo of factors -

      1. The cars being very expensive while also becoming ubiquitous. They could get away with overpriced cars like 5-8 years ago when it was a huge flex to have one. People don’t want to pay sports car prices to drive what is essentially the new Corolla (default basic bitch sedan). Also any perceived street cred for choosing a “green” option was eroded because that social segment hates Elon.

      2. Tesla still has perceived quality issues from panel gaps to fires. People don’t like paying premium prices for products with issues.

      3. Tesla is still the Apple of the automotive world when it comes to things like right to repair and user privacy. Their vehicles and apps collect a ton of data and telemetry. I’d like to believe this one is a show stopper for more people…but based on the continued popularity of iPhones it clearly isn’t a problem for average consumers.

      • GamingChairModel@lemmy.world
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        7 months ago

        The cars being very expensive while also becoming ubiquitous

        Tesla has had several price drops in the last year or two, and the tax credits got better (at least for cars that qualify, which most Teslas do).

        I think it’s because Elon Musk started being a drag on the Tesla image. Other expensive cars (EV or otherwise) are doing fine.

    • hddsx@lemmy.ca
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      7 months ago

      Hey speak for yourself.

      Jim Farley - Ford Mary Barra - GM

      Don’t ask me any other companies though lol

      • partial_accumen@lemmy.world
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        7 months ago

        I knew those two as well as the VW CEO, except VW CEO seems to be a revolving door position these days, so my info on that one may be out of date already.

          • bitwaba@lemmy.world
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            7 months ago

            Got caught lying about their emissions then had to pay hefty penalties, and now they can’t find anyone to run a company that has destroyed it’s good name in an era when “good for the planet” is one of the largest selling points and no one wants to buy their cars.

    • quicklime@lemm.ee
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      7 months ago

      He was never fucking charming…

      I mean, granted for sure he’s gotten worse, but I don’t trust people who gave him a pass before the past couple of years.