Tesla announced horrific sales for last quarter:

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Tesla (TSLA) has released its Q1 2025 production and delivery numbers. The automaker confirmed it delivered 336,681 electric vehicles during the first three months of the year — far below expectations.

In Q1 2024, Tesla delivered 386,810 electric vehicles. […]

That’s 40,000-55,000 fewer units than expected, depending on the consensus, and down 13% year-over-year. It’s also down 32% quarter-over-quarter.

Tesla is also sitting on $200 million of Cybertruck inventory. They can’t sell the damn things. So, of course, the stock market reacted as one would expect:

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This can’t go on forever, but it’s going on today.

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Indaglow Matinée1 year ago

Those swastikas spray painted on are a finishing touch on piece of shit car.

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Scott H1 year ago

56% of white men in California voted for Trump.

So next time you see a white dude driving a Tesla in CA, go easy on yourself - odds are you flipped off the right guy.

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John S.1 year ago

LOL, that’s awesome.

I feel equally vindicated flipping off the techbros driving their wankpanzers here in Seattle.

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Scott H1 year ago

Yup. GM's EV sales report was as many of suspected, a home run. There's a decent amount of the invisible hand of the market at play here. However, that might account for a reduction in sales within an acceptable level, not what we're seeing here.

For example, if GM or Ford announced this kind of news, their stock price would tank.

Edolph and his toady Tesla board still look at the company as a meme stock, not an actual automaker. Another report has $200m in Cybertrucks (that's a lot of Wankpanzers) sitting unsold.

At some point, something will give, particularly is Tesla sales continue along like this. Cuz it's already basically catastrophic in Yurp and it's only gonna get worse in China.

And if the tariffs hit GM and Ford EV sales hard, it's very clear by now that Edolph has torched the Tesla brand. Anybody wanting an EV that wouldn't be caught dead in a GM or Ford can buy a GM-build and designed Honda Prologue EV.

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mister mixAuthor1 year ago

I'll bet GM will do even better when the Bolt is back. That's about the price point and size where I'd be interested in an EV. For me, it's around town and short trips.

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Scott H1 year ago

You're more than welcome to test drive my 2023 Bolt EV any time.

The nextgen Bolt will be the slightly larger "EUV" platform and if GM can bring it out at around $30-32K, it'll be a big hit.

It is a great car for this area.

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tam1MI 1 year ago

Looks like a pump-and-dump to me.

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John S.1 year ago

Yup. And if you’re not in on the pump, you get trashed with the dump.

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John S.1 year ago

Looks like Roaring Kitty has made a play to prop up another meme stock.

Seriously, there is zero correlation between stock performance and company performance. Wall Street is little more than a casino now.

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Kay W.1 year ago

I honest!y think this is middle aged men who worship Elon in a dude bro way. I think those people are overrepresented on Wall Street and thus we get this completely irrational price.

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mister mixAuthor1 year ago

After the gym this morning I told my wife that I was tired of the middle-aged white dudes (no wedding rings to be seen) who don't wipe down machines when they're done. She pointed out that now that these guys are divorced, they don't have their wives around to clean up after them. But none of them drive a Cybertruck (at least to the gym) because it's hard to get out of a divorce with enough money to afford one.

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John S.1 year ago

I was in Guitar Center with my friend the other day, and I told the middle aged white dude working there about Bill Burr’s take on it in his latest comedy special (which is hilarious).

Burr said Guitar Center is where you will find all the saddest middle aged white men. They are either failed musicians, or divorced fathers buying their 8th guitar for their collection.

The clerk was not amused, as I think he checked both boxes.

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Marmot Pimpernel 1 year ago

Evidence from the field: the MAGA whose house I regularly pass by—I believe he owns a landscaping company, naturally—just bought a Panzer Wank and put a “I heart Elon” sticker on back!

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Marmot Pimpernel 1 year ago

Adding: I think he bought it yesterday!

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Pacem Appellant1 year ago

Wow. I wasn't expecting that. I guess the markets thought they did less bad than they were anticipating.

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TBone Dinosaur1 year ago

Aaarrrggghhh needs moar loser stink