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~~According to the data in the article, Tesla has a 1.5% YoY Q1 delivery growth. Hardly disastrous to sell more cars this quarter than in the same quarter last year.~~
~~422,875 in Q1 2023~~
~~433,371 in Q1 2024~~
Edit: I was corrected that in fact deliveries were down 8.5% YoY. That does seem disastrous, particularly since they are banking on growth.
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.
Hey speak for yourself.
Jim Farley - Ford Mary Barra - GM
Don’t ask me any other companies though lol
Is iacocca still over at Chrysler?
On top of the Chrysler Building stands a mummified Iacocca shooting lasers from eyes and mouth into dark of the new york city skyline.