RealTesla

460 readers

1 users here now

Posts must be about Tesla, EV, or AV
Meta Posts must be pre-approved.
Shitposts are limited
No Elon Worship
All Links must include the original title of the Content
Sites behind Paywalls must have text included.
Don't be an asshole
No Image Posts

founded 1 year ago

MODERATORS

[email protected]

Tesla gets tagged with once-unthinkable analyst prediction: Sales will fall - Autoblog (www.autoblog.com)

submitted 5 months ago by [email protected] to c/[email protected]

4 comments fedilink hide all child comments

But even by that new standard — with growth forecasts on Wall Street sinking rapidly — the grim sales prediction from a key Tesla analyst last week was still shocking. There’ll be zero growth in sales volumes for the electric-vehicle maker this year, Wells Fargo’s Colin Langan said. And in 2025, it’ll be worse yet: Volumes will drop.

Tesla vehicles have slowed down growth, to the point that analysts are thinking that volumes will drop by 2025.

As such: Tesla is no longer a "growth" company, or so goes this new narrative. It seems a bit premature to start claiming this, but on the other hand... the 2nd derivative trend is clear today. So its not out of the question to start making these kinds of predictions.

top 4 comments

sorted by: hot top controversial new old

[–] [email protected] 5 points 5 months ago

The stock of one of the smallest car companies might fall below the stock values of companies with far higher sales and better build qualities? Especially after the CEO has alienated demographics likely to buy electric cars with his obsession with turning a social media site into a nazi bar? And the poor build quality that makes boeing look professional?

This is unthinkable? To who?

[–] [email protected] 5 points 5 months ago

I'm looking to buy a new car and I'm not looking at Teslas at all. They have weird design; no dashboard cluster, no buttons, there's a camera recording you, ... Also no android auto Also their resale value has been dropping like crazy because they're basically cheap body shells with used up expensive-to-replace battery packs.

[–] Tar_alcaran 3 points 5 months ago

Since idiots value Tesla as a tech company stock, not growing/expanding/bringing the new thing is going to be murder on their stock price.

[–] [email protected] 3 points 5 months ago

"unthinkable"... really?