Tesla sales continue downwards trend in Europe

[yessuz]

Stock market pricing goes up and down quite wildly - hence Warren Buffet said:

Yeah. so can you please explain that "Shares on Sale now" bit?

Being in a Tesla bubble helps with keeping current and avoiding media misreporting. None of this is secret, not even hidden, one just has to go to original sources and avoid misreporting & deliberately amygdala-stimulating nonsense headlines (that don't even match with the article).

Sure. But being in bubble also does not allow you to see things objectively.

Boring Company are currently doing a few tunnels, have plans for 68 miles in Vegas alone. Resorts World is connected and they're going for a long run from Virgin Hotel. They are of course near completion of the under-road tunnel near Gigatexas.

and How is it different of any other tunneling company?

His social media company has greater use than ever before with much lower costs and rolls out features quicker. Counter-argument might be about advertising revenue

yeah, sure

Source for 2024 date for Mars? I can see a BBC newsround report when I search - that was made in 2016. That's a long time ago to predict anything. Pre-covid and Elon is known to be aspirational on timelines. Also FAA & other regulators have been very slow to do surveys, review them and approve. Hence why Florida seems to be favoured by some / most future SpaceX Starship launches.

SpaceX's 1st crewed Mars mission could launch as early as 2024, Elon Musk says

"If we get lucky."

www.space.com

but it also predicted FSD in 2018.. 2019.. 2020, 2021, 2022, 2023, 2024... etc.

Starlink huge success - money printer.

Neuralink described by first patient in many videos. View his twitter x.com

I like this post (changed spelling deliberately)"T-w-i-t-t-e-r banned me because they thought I was a bot, @X and @elonmusk reinstated me because I am." Interesting tweet on 5th May where he's streaming/video and you can see how things are going. He's a great chess player (and video game player) and could probably beat most people without use of his limbs. Astounding.

Spoiler: post

https://twitter.com/x/status/1786938612011135328

Lots of FUD around some threads retracting - so Neuralink tweaked software and his bit-rate is higher than when first implanted. Other lessons will have been learned for next patient. Plans to sync up brain with relays to limbs, bypassing spine. True hope for many quadriplegics and others. Churlish to over-criticise in my opinion.

anything more on neuralink?

As I'm sure people have said before - Hyperloop was written for others to do as Elon Musk said he was too busy. A few tried (notably Virgin) - if Elon ever tries, I suspect it will work... but be late.

hint - it will not.

I have to go now - but if you don't know about Tesla's AI - I despair. Just search for latest 100 million inference computers for cars (showing still has car ambitions).

So, you are dodging?

 

[FastLaneJB]

I think people are missing my point…while getting an income stream from your own customers is normal..,Tesla also gets it from their rivals…pundits are saying that in the US this could be billions…so it stands to reason that it could also be significant in Europe and Britain

In the US they are something stupid like 70% of all EV chargers are Tesla Superchargers, in Europe we have a much more diversified charging market with many more players. Not all good of course but competition is absolutely there... not in pricing though, that seems to be a race to who can charge the most

 

[GeorgeSymonds]

well it can be only positives... according some

There could be reasons - I only state the facts as they are.

I’ve seen quite a few new M3s around so I’d have thought other than the M3P there’s no great issue getting hold of one, there’s also around 80 in inventory.

One month, or even one quarter could be temporary, time will tell

 

[FastLaneJB]

well it can be only positives... according some

It's not a demand problem, Elon just decided to not sell as many because they were making too much profit and margin

 

[FastLaneJB]

There could be reasons - I only state the facts as they are.

I’ve seen quite a few new M3s around so I’d have thought other than the M3P there’s no great issue getting hold of one, there’s also around 80 in inventory.

One month, or even one quarter could be temporary, time will tell

Hard to know how quickly they are selling. I've seen a few highlands on the road but not massive amounts. They could probably help sales if they offered a few more colours for no cost. White looks nice but almost every Tesla being white does kind of ruin it a bit. You want some variety. Also wouldn't impact residuals because there is non when it comes to paint colours really.

 

[GeorgeSymonds]

Hard to know how quickly they are selling. I've seen a few highlands on the road but not massive amounts. They could probably help sales if they offered a few more colours for no cost. White looks nice but almost every Tesla being white does kind of ruin it a bit. You want some variety. Also wouldn't impact residuals because there is non when it comes to paint colours really.

I’m sure there’s plenty they could do, I was just musing over whether there was a supply issue and there might be on some specific combos but there seems to be plenty around if people wanted them, M3P aside.

 

[SO16]

Okay…. I’ll admit it. This isn’t good. Does Tesla even offer any incentives in Germany right now? It’s like they aren’t even trying.

https://twitter.com/x/status/1798307370600472889

 

[yessuz]

It's not a demand problem, Elon just decided to not sell as many because they were making too much profit and margin

exactly

 

[yessuz]

Okay…. I’ll admit it. This isn’t good. Does Tesla even offer any incentives in Germany right now? It’s like they aren’t even trying.

https://twitter.com/x/status/1798307370600472889

well, probably can offer discounts.. because too much profit

 

[Utumno]

SMMT data is out and for the first time in a long time Tesla aren’t in the top 10 for the month or year to date

Tesla sales are down 8% on last May and 12.5% down YTD compared to last year.

In comparison BEV overall is up 6% for the month and 10% YTD . Tesla’s market share has fallen by nearly 20% from just shy of 2.5 to under 2%

Good news! Roads become less of a Tesla clone convention!!

This must mean the value of my white Tesla is going up again? Right?

/s, in case anyone didn’t “get” it…

 

[SO16]

Not quite as devastating.

https://twitter.com/x/status/1798337479449416056

 

[SO16]

well, probably can offer discounts.. because too much profit

Sounds like they do offer 0% financing but it’s buried in the order page. Crazy. Should be prominently displayed on the main page.

 

[qwickshot]

One thing that baffles me is Tesla’s marketing.

The company as long passed the influencer marketing stage and has progressed to the mainstream but does zero mainstream marketing.

They should be talking about the charging network to normal people at every opportunity because that seems to be one of the biggest mental barriers to adoption. Likewise a few ‘Apple like’ ‘it just works*’ type commercials to seed the notion they do EVs the best. Perhaps even a made in Germany line for a model Y commercial, it works for glossy Shampoo adverts and they are probably Tesla’s target demographic.

They make great YouTube commercials, why are they not where ‘normal people’ will see them. When I say normal, I mean the mass market. They should also be pushing those low lease/finance prices like crazy.

*Just don’t mention the wipers /s

 

[Bouba]

One thing that baffles me is Tesla’s marketing.

The company as long passed the influencer marketing stage and has progressed to the mainstream but does zero mainstream marketing.

They should be talking about the charging network to normal people at every opportunity because that seems to be one of the biggest mental barriers to adoption. Likewise a few ‘Apple like’ ‘it just works*’ type commercials to seed the notion they do EVs the best. Perhaps even a made in Germany line for a model Y commercial, it works for glossy Shampoo adverts and they are probably Tesla’s target demographic.

They make great YouTube commercials, why are they not where ‘normal people’ will see them. When I say normal, I mean the mass market. They should also be pushing those low lease/finance prices like crazy.

*Just don’t mention the wipers /s

One of the things that upset me most in life are car ads....people dancing, falling down, lesbians kissing, buildings distorting....and perhaps a car in the background for some of these shots (but not always)....although I appreciate that you mean simple factual ads, which I prefer a whole lot more.
Tesla did (finally) have a marketing department but it was the first thing to be cut in this latest round of job losses.
We talk a lot about Elon’s gifts (and drawbacks)...his insights, his risk assessment, his engineering skills....but to me his greatest skill is often overlooked....the guy is a great car salesman !

 

[UkNorthampton]

Yeah. so can you please explain that "Shares on Sale now" bit?

Sure. But being in bubble also does not allow you to see things objectively.

and How is it different of any other tunneling company?

yeah, sure

SpaceX's 1st crewed Mars mission could launch as early as 2024, Elon Musk says

"If we get lucky."

www.space.com

but it also predicted FSD in 2018.. 2019.. 2020, 2021, 2022, 2023, 2024... etc.



anything more on neuralink?

hint - it will not.

So, you are dodging?

This is worth saying... there's a huge amount of incorrect info about Tesla & Elon Musk. Correcting it takes time (you're welcome) & the volume of repeatedly debunked nonsense is huge. Trouble is that even correcting 1% of the rubbish makes someone into a "fanboi" for those who choose to look at life askew.

Truth isn't a series of nonsense tropes, slogans etc. There are LOTS of primary sources and yet people still hang onto nonsense. I blame facebook, paid disinformation & more.

Shares are cheaper than they should be given the potential for Tesla to dominate another few industries with enormous potential. Subjective, affected by dishonest & incorrect media. It's a market, prices vary over time, affected by options, FUD, sentiment, war, economics, oil price. Only a small fraction of existing shares are traded. These few set the price that others are valued at. More buyers or more sellers at a particular moment leads to price changes. Some sellers will be selling too cheap, some buyers will be overpaying. It's a judgement call with options, momentum trading, algorithms, technical traders all trying to decide on a fair price.

"Tesla Bubble" meaning domain expertise. I don't study Apple, Facebook or other companies in much depth.

Also means taking in a wide set of Tesla/Musk-related information, investigating & debunking nonsense, recognising good & bad media actors, pattern matching when you see the same FUD year in year out. My opinion is that Dillon Loomis is the most balanced reporter on Tesla.

As I'm sure you're aware, some reporters have links to short sellers (Tesla short seller Jim Chanos hit with lawsuit from partner over alleged fund misuse) and convicted criminals/SEC banned individuals (

https://twitter.com/x/status/1797984335322374395

& Henry Blodget - Wikipedia)

Business Insider - Wikipedia

en.wikipedia.org

Boring Company - far cheaper, faster, fast design iterations, new machines should be much better still. CHEAPER!

Social Media company usage - you can look up stats. If I'm incorrect, I will admit it. Will you?

Neuralink - there are thousands of sources for Neuralink.

"Dodging" - I see that as a personal attack. I'm back now.

Nvidia/Dojo for training, FSD computers for inference.

If you don't know about Tesla AI - understand they are the top inference computing company in the world (using the AI models to do something). They are one of the biggest training AI companies. each H100 is around $40,000 and isn't what we commonly think of as a chip, it's large. Even "accepting delivery" requires advanced logistics, massive space. Commissioning them into an AI SuperComputer takes enormous expertise, huge electrical power and money.

https://twitter.com/x/status/1798003944330760329

 

[UkNorthampton]

Okay…. I’ll admit it. This isn’t good. Does Tesla even offer any incentives in Germany right now? It’s like they aren’t even trying.

https://twitter.com/x/status/1798307370600472889

German EV subsidies were ruled illegal by a court. Also the weird thing that led to cars being bought new & then resold 6 months later in another country has been reportedly ended. VW & others had specialist teams for this to fleece German taxpayers.

 

[GeorgeSymonds]

Just had a daily email on Tesla inventory and loads of New 2024 M3Ps have been listed.. so seemingly even the latest, greatest model has gone straight to instant availability.

 

[GlynG]

I'm with you on the car adverts. In the adverts they always have people driving with a massive smile on their face all the time - now when have you seen anyone driving with anything but a doleful face? Nobody smiles.
In the adverts they show young people, Cheshire cat face's, and all seats occupied, music booming in a small car - but the facts are old people account for the majority of sales of small to medium size cars.
In the adverts the roads are devoid of other cars - nice long stretches of road with wonderful scenery - not stuck in a side street, in a queue and its pissing down with rain.
The cars are all superbly detailed - not like real life - washed once a month - and if your in France all cars have reshaped bodywork, big gouges and knackered after 12 months.

Re the wipers @quickshot- Yea mine are faulty too, They are working like most cars have always done, no dry wipes, no mad speed and coming on when it rains and stopping when the rain stops - clearly this is a fault i don't want rectifying.

 

[UkNorthampton]

Just had a daily email on Tesla inventory and loads of New 2024 M3Ps have been listed.. so seemingly even the latest, greatest model has gone straight to instant availability.

From memory - the shipping thread has recent arrivals in Southampton (thousands). Some LHD European countries also supplied on same ships, perhaps with a Zeebruge or other drop-off. "Morning Post" (Sunday, Southampton) carried a lot of Model 3 Performance I think.

2024 Shipping Movements

I thought I would start a new thread for 2024 on European bound ships carrying Teslas. The first logical question is why on earth would anyone on a Tesla forum be interested in shipping? The answer is because once you have ordered your revolutionary expensive new car you enter the Tesla...

teslamotorsclub.com

More ships arriving soon - every 1 to 2 weeks possibly - 2024 Shipping Movements

I think some were delayed due to much longer journeys avoiding Red Sea, parts supply to factories (again Red Sea), lack of transport (Red Sea means ships can make fewer journeys each year as each journey takes more weeks plus BYD and other Chinese EV makers starting to rent large amounts of vehicle carriers). Oh and many ports are affected by containers in wrong places, jamming up some and leading to all kinds of problems including ships avoiding jammed ports like Singapore, so choosing risky, expensive or suboptimal fueling strategies.

Container shipping prices spiking. This will have impacts on other shipping. It's all gone a bit Pete Tong.

Spoiler: Singapore Congestion/Last fueling port

As an aside, I dislike the word "sales" - I think it's better to think of "orders" which we don't have visibility of and "deliveries" which we do. Any useful analysis of "inventory" should be smoothed or exclude first few days after ship arrivals.

 

[GeorgeSymonds]

From memory - the shipping thread has arrivals in Southampton. Some LHD European countries also supplied on same ships.

I think some were delayed due to much longer journeys avoiding Red Sea, parts supply to factories (again Red Sea), lack of transport (Red Sea means ships can make fewer journeys as each journey is lower plus BYD and other Chinese EV makers starting to rent large amounts of vehicle carriers). Oh and many ports are affected by containers in wrong places, jamming up some and leading to all kinds of problems including ships avaoiding jammed ports like Singapore, so choosing risky, expensive or suboptimal fueling strategies.

Container shipping prices spiking. This will have impacts on other shipping. It's all gone a bit Pete Tong.

I get all that, it's just the M3 performance is still very new and hardly any have been delivered in the UK, at least I'm not aware of any yet, and now there are already 7 by the looks of things on inventory (which isn;t massess admitedly but does mean 7 not matched to buyers) and with not even with the usual Tesla practice of adding FSD to hard to come by models. They're also listed as in country