Bloomberg Technology

Tesla Sales Fall Short of Estimates in First Drop Since 2020

Tesla suffered its first year-over-year sales drop since the early days of the Covid pandemic, with deliveries falling short of analyst estimates. Cox Automotive Director of Industry Insights Stephanie Valdez Streaty joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

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Tesla suffered its first year-over-year sales drop since the early days of the Covid pandemic, with deliveries falling short of analyst estimates. Cox Automotive Director of Industry Insights Stephanie Valdez Streaty joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

19 Comments

  1. @elijahoruche7715

    April 2, 2024 at 1:53 pm

    Tesla’s reasons are valid. There is no need for over analysis on the issue

  2. @sarabeth8050

    April 2, 2024 at 2:23 pm

    TSLA shares are still way overpriced with a P/E of 39. That price can only be justified by doubling sales annually for the next decade. If it can’t double sales this year 2024, or actually drops like it just did for the quarter, it will drop to a P/E of 6-7, the industry standard.

  3. @kenmurray4005

    April 2, 2024 at 2:35 pm

    Cancelled my 4×4 full self driving Cybertruck as I don’t want to buy from a MAGA fascist like Elon Musk.

  4. @JoeFiddle-ls5jh

    April 2, 2024 at 2:42 pm

    Rather buy a chinese byd than elons trash

  5. @PSCA1988

    April 2, 2024 at 2:43 pm

    Musk has done offended and turned against the consumer of his vehicles. Republicans pump and manipulate his stock, but liberals buy his product. They are not loyal to Elon, and they will stop buying Tesla, as they should!

  6. @slmdaddy1

    April 2, 2024 at 2:48 pm

    No new products ? Cybertruck and new model 3 revision. Clearly she isn’t keeping up. BYD Tesla close’s competition is way down also.

  7. @business8482

    April 2, 2024 at 2:51 pm

    A little misleading in your analysis! You are acting like demand has been drying-up for Tesla vehicles yet you point out that Tesla has been dealing with supply issues due to refreshes, plant updates, supply chain, and sabotage efforts at the German plant. Although people are looking for the $20,000 demand has far from dried up for the other models. There are still waiting lists. The issue is with supply and Tesla’s reasons are completely valid!

  8. @mikapeltokorpi7671

    April 2, 2024 at 2:54 pm

    So, Tesla is projected to sell 1.6 million cars this year, even only two months ago they estimated to sell over 2 million cars. This was also the first quarter since 2020, that Tesla’s quarterly sales dropped compared to previous year. Yikes.

    • @millerm.8649

      April 2, 2024 at 3:55 pm

      CYBERTRUCK

  9. @HisLoveArmy

    April 2, 2024 at 2:59 pm

    Fake MSM loving this right now

  10. @kompiny

    April 2, 2024 at 3:42 pm

    I have about 5% of my portifolio in AAPL stock, any advice on any other that I can grow my $200 k capital to a million dollars?

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      April 2, 2024 at 3:42 pm

      As a beginner, it’s essential for you to have a professional to keep you accountable. I’m guided
      by Andras Bohm a widely known crypto consuitant.

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      April 2, 2024 at 3:42 pm

      I have heard a lot of wonderful things about Andras Bohm on the news but didn’t believe it until now

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      April 2, 2024 at 3:43 pm

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    • @kompiny

      April 2, 2024 at 3:43 pm

      I’m willing to make consultations to improve my situation. What is the most reliable medium to reach him please?

    • @olomermk

      April 2, 2024 at 3:43 pm

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  11. @hobobaba1450

    April 2, 2024 at 4:00 pm

    Hybrid and Electric cant be compared. We need more informed analysts.

  12. @AndreasWest

    April 2, 2024 at 4:13 pm

    Please don’t invite a car analyst that has no freaking clue and also doesn’t answer the questions (like the first one). All based on gut feeling, coming from an analyst?

  13. @GOLDBlueGR33NObeliskVsRed

    April 2, 2024 at 7:39 pm

    IM Still Buying the Tesla Dip, Just from TESLA Holding bitcoin Thru the APRIL 18 BITCOIN HALVING will be one of the richest companies in the world.
    I waiting for my Cybertruck order & Going to buy Teslabots to automate my housing construction company.

    I HATE OIL INDUSTRY and believe the global warming carbon emission crisis, SO MORE EV’S = LESS OIL DEMAND. I will always support anything that crushes oil industry, ford and gm we predict will go bankrupt or will be forced to built ev’s for tesla.

    Tesla has as much bitcoin near on part with ETFS
    Tesla holds over 9,720 BTC, according to data tracked by Bitcoin Treasuries, and is the third-largest public holder of the asset behind software firm MicroStrategy (MSTR) and mining player Marathon (MARA).

    WHEN TESLA ACCEPTS BITCOIN FOR PURCHASING TESLA EV’s AND POWERWALL AND MEGAPACK OR TESLA SOLAR ROOFS.

    TESLA HAS THE BIGGEST POTENTIAL OF BEING THE LARGEST HOLDER OF BITCOIN ASSETS.

    CHINA IS IN COLLAPSE, I DONT CARE ABOUT CHINA FOR ONE SECOND.
    CHINA IS IN POPULATION COLLAPSE WHICH COLLAPSES THERE DEMAND AND PURCHASING POWER SO ECONOMY COLLAPSES

    ELON HAS BEEN AFRAID OF POPULATION COLLAPSE SINCE july 6 2017
    Made worse by the massively deadly pandemic.

    HE RESPONDED TO THIS FEAR WITH FACTORIES IN 3 GLOBAL MARKETS USA UK AND CHINA.

    TESLABOT REQUIRED FACTORIES MASS PRODUCTION AND AI.
    ALL FUNDS OF TESLA ARE TO FOCUS TO TESLABOT.

    TESLABOT WILL REPLACE THE COLLAPSING CHINESE LABORFORCE AND COLLAPSING CHINA SUPPLY CHAIN IN USA FIRST. China is collapsing and i like that because i lost alot to wuhan virus. So im glad russian oil and chinese oil demand is obliterated from the Rush to make more EV’s than tesla. Fasters ev production doesnt always means better.

    USA WILL BE FORCED TO AUTOMATE ALL GLOBAL PRODUCTION THRU TESLABOT as china is in population collapse

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