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Old 04-05-2024, 08:36 PM   #1945
Idaho2018GTPremium

 
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Drives: 2021 Camaro ZL1 A10
Join Date: Nov 2018
Location: Idaho
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This news made me happy: "The Austin, Texas, company said Tuesday that it delivered 386,810 vehicles worldwide from January through March, almost 9% below the 423,000 it sold in the same quarter of last year. It was the first year-over-year quarterly sales decline in nearly four years.

The company blamed the decline in part on phasing in an updated version of the Model 3 sedan at its Fremont, California, factory, plant shutdowns due to shipping diversions in the Red Sea, and an arson attack that knocked out power to its German factory.

Tesla dramatically lowered U.S. prices by up to $20,000 for some models last year. In March it temporarily knocked $1,000 off the Model Y, its top-selling vehicle. Those price cuts narrowed the company’s profit margins and spooked investors.

Analysts polled by FactSet expected the average selling price for Model Y to be $41,000 last quarter, $5,000 less than a year ago and $15,000 lower than the peak of $56,000 in June of 2022."

Tesla makes stupid excuses like it's due to ramping up refreshed Model 3, but the fact is they made way more than 386,810 vehicles in this last quarter. Despite Tesla forcing massive price drops, they are selling less than when they were more expensive last year.

I don't like Teslas. A friend just bought a brand-new Model Y Long Range. I drove it on Sunday when it was 2 days old. Made me like Teslas even less. I hated the spartan and uninspiring interior. The exteriors and proportions always look silly except for the Model S, which looks good from the outside. While it drove nice enough, I would not buy one.
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2021 Camaro ZL1 A10
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Past:
2018 Mustang GT Premium w/ PP1, MR, and A10
2007 MazdaSpeed3
1995 Pontiac Trans Am
1987 Camaro Z28

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