Tesla sales again fall short of production | CNN Business

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Tesla reported a modest 4% rise in sales in the first quarter compared to the final three months of last year, despite a series of price cuts on its lower-priced vehicles.

The first quarter also marked the fourth straight quarter that Tesla has produced more vehicles than it has delivered to customers. Some of that may be due to the ramp up in production at two new factories, one in Texas, the other in Germany, which opened last spring, and a lag between that increased production and sales.

That’s short of the forecast of 430,000 vehicles from analysts surveyed by Refinitiv. But Dan Ives, tech analyst for Wedbush Securities, said the consensus that Wall Street was looking for was deliveries of 421,500, which would mean a very narrow beat for Tesla. Even Ives, a bull on Tesla stock, said the lower prices that Tesla got for cars in the quarter will mean tighter profit margins going forward. Tesla will report full first quarter financial results on April 19.

 

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CommunityNotes pls take care of them after Reuters ? Can you elonmusk

Hey elonmusk, Teslas are fucking ugly.

Tesla missed sales target.

CNN straining to write a factually correct headline while parsing themselves to oblivion.

My Chevy Bolt is Sweet!!!

I'm sure the Biden economic slowdown and spiking interest rates to fight his historic inflation have zip to do with the downturn in real estate and big ticket item sales. It's all a big mystery.🤣🤣🤣👆👉🤡s.

Nobody wants to buy a tesla anymore.

How’d Ford do?

The Entire Country is going backwards.. Do we need to post from your own CNN news feed the thousands of layoffs from huge companies like Microsoft, Amazon and Google.

People can't afford electric vehicles. We can thank inflation for the drop in sales.

Karine press sec busted drunk driving and causing a bad accident. Will we see justice.

'...produced more vehicles than it has delivered to customers.' This quote is the dumbest thing I've read in a long time. I guess I'm not too sure how a company could deliver more vehicles than it produced. The bias in this article is quite evident.

Go Elon! Screw you CNN!

CNN want to compare? Ford Motors U.S. started strong but vehicle sales 2023 down 18.4% from December. The uptick was led by sales increases for F-Series pickups, Bronco Sport SUVs and EVs. The Detroit automaker reports fourth-quarter earnings Thursday after the bell.

All commenters saying they can’t buy a Tesla car can’t even afford one ☝️

This is that guy who's been challenging members of congress to a rap battle.. so far none dare accept 😆

Tesla is the worst EV on the planet - except for all others (with apologies to Winston Churchill)

Whoa you guy’s really sucked last month. 👋🏻

Maga car is doomed. Should sell it to Russian

You can't pay me enough to purchase a Tesla! If I ever did buy an EV I definitely would not buy a Tesla! My next vehicle will have hybrid engine! I will not go completely EV until they get rid of all the flaws that they have! Distance, battery, and price!

Slightly skewed headline here. They beat their sales expectations, actually.

Although.. Price cut..But..Real problem be..Buyers hunkered down.

What does he retreat to private gazing and self redundancies for.

Elon Man Bad

elonmusk - Another lying MSM article regarding $TSLA

I mean, every company now sells an Ev if not multiple, and all tesla has extra is overpriced bloatware you have to pay for.....been driving only an ev since 2012.....

U mad because $TSLA is up 80% this quarter And you write hundreds of tweets trashing elonmusk? 🤣🤣

Up 36% YOY 🤷‍♂️

And beat the expectations. Do you actually think you’re any better than Fox News, when you repeatedly write biased pieces against those who don’t align with you?

This is such a hit piece it's embarrassing lol

Screw elonmusk Tesla, anti-union means pro-oligarchy. UnionStrong UnionsForAll NoWarButClassWar

Now let's get CNN's performance

Cry more

Elon seems preoccupied lately....

Beginning of the end

True_Allah_Kabir कुरआन ज्ञान देने वाले ने सूरह अंबिया-21 आयत 92, 30, 31, 32 में अपनी इबादत करने को कहा है तथा अपनी महिमा बताई है। सूरह बकरा-2 आयत नं. 255 में अपने से अन्य परमेश्वर की महिमा बताई है तथा सूरह फातिर-1आयत 1-7 में समर्थ रहमान की इबादत करने को Baakhabar Sant Rampal Ji

Maybe Amber Heard got a new one ?

Amazing journalism elonmusk

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