Model 3 demand Slowing?
Thread Starter
Lead Lap
Joined: Mar 2015
Posts: 4,611
Likes: 371
From: In your head
Model 3 demand Slowing?
Are we finally seeing demand plateau or falter for the 3?
Source:https://jalopnik.com/ford-ranger-dem...ady-1832228163
A big part of the Tesla mythos is that you’re always being promised a brighter future. When so much …
But also there’s something interesting in Tesla’s discussion of how it’s shipping the Model 3, as noted in a Reuters report today:
Oh, shares of Tesla are down four percent, if you’re curious.
Source:https://jalopnik.com/ford-ranger-dem...ady-1832228163
2nd Gear: Analysts: Maybe America Doesn’t Want Any More Tesla Model 3s
Tesla just posted its 2018 round up last night and its look forward to 2019. Included in that was its first ever back-to-back quarterly profits and a truly astronomical workload to get everything it wants done for 2020.A big part of the Tesla mythos is that you’re always being promised a brighter future. When so much …
But also there’s something interesting in Tesla’s discussion of how it’s shipping the Model 3, as noted in a Reuters report today:
Analysts were also concerned by Tesla’s indication that it is only making cars for China and Europe right now, and expects a gap of about 10,000 vehicles between production and deliveries due to vehicles in transit at the end of the first quarter.
“This is a strong indication that demand in the U.S. for both the mid-range and long-range Model 3 versions has largely been exhausted, and the company is still working through the estimated ~6.8k of unsold Model 3 inventory,” Cowen analysts said.
“This is a strong indication that demand in the U.S. for both the mid-range and long-range Model 3 versions has largely been exhausted, and the company is still working through the estimated ~6.8k of unsold Model 3 inventory,” Cowen analysts said.
Lexus Fanatic
Joined: Oct 2003
Posts: 94,521
Likes: 261
From: Virginia/D.C. suburbs
Model 3s actually went on "sale" over two years ago. For a number of reasons, it has simply taken this long for the company to get them into production and delivered.
Lexus Fanatic
Joined: Jan 2005
Posts: 20,240
Likes: 274
Are we finally seeing demand plateau or falter for the 3?
Source:https://jalopnik.com/ford-ranger-dem...ady-1832228163
Source:https://jalopnik.com/ford-ranger-dem...ady-1832228163
While 35k Model 3 will expand sales, by that time they will lose more of the credits and it is also not profitable for Tesla.
I am sure they will sell well, just not 10k/week well.
Pole Position
Joined: Jan 2010
Posts: 260
Likes: 4
From: WA
Trending Topics
Lexus Fanatic
Joined: Oct 2003
Posts: 94,521
Likes: 261
From: Virginia/D.C. suburbs
Lexus Fanatic
Joined: Oct 2003
Posts: 94,521
Likes: 261
From: Virginia/D.C. suburbs
One of the reasons they did make it this far is probably that Musk was forced to give up some of his power. Had he not, it would have been anybody's guess as to what would have happened.
Lexus Fanatic
Joined: Sep 2010
Posts: 26,053
Likes: 4,329
From: Alberta
It's en vogue to hate on Tesla people fear new things I guess.
Lexus Fanatic
Joined: Oct 2003
Posts: 94,521
Likes: 261
From: Virginia/D.C. suburbs
Similar things were said about Steve Jobs before he was forced out. Apple nearly died, when Jobs came back he revolutionized the tech sector. No way Tesla gets this far without Musk he designs and engineers a whole pile of stuff himself, for starters.
It's en vogue to hate on Tesla people fear new things I guess.
It's en vogue to hate on Tesla people fear new things I guess.
Not in vogue at all. And it's not a case of people being "haters". Most of us have better things to do with our time than simply sit around and dream up ways to hate people. Whatever misfortunes he has, he brought most of them on himself. One reaps what one sows.
Now, that doesn't mean that he can't undo them, either. Each morning brings new opportunities to review one's past, and, if possible, to make any necessary changes....that goes for all of us.
In the meantime, the thread-topic (Model 3)...there's no question that it has been a success, though it took long enough to get it into production and start filling orders.
Last edited by mmarshall; Jan 31, 2019 at 09:58 PM.
Pole Position
Joined: Jan 2004
Posts: 2,705
Likes: 6
From: Florida
Model 3 sales numbers are the worst spin off in auto industry right now. They've been collecting sales for over two years and then they just went into delivery mode when good Tesla PR people spin that into super-sales/super-demand bandwagon.