May 2019 Sales Thread
06-08-19, 07:26 PM
#46
Lexus Fanatic
iTrader: (20)
nicedude where do you get the tesla sales numbers? thanks. good post. 
06-15-19, 10:10 PM
#47
Pole Position
That's because the ES is what Lexus customers want. I had one for a service loaner this week. Give it a little more upscale traditional luxury car interior, and it would completely cannibalize LS sales. I would say there is no chance the ES will go the way of the A6, but I wouldn't put anything past Lexus these days.
06-16-19, 07:01 PM
#48
Intermediate
I get monthly car sales from the Good Car Bad Car site. No idea how accurate they are for Tesla. Heard that the original owner of the site sold the site and now it has gone downhill. Ymmv.
Bob, those are your opinions. No need to throw shade at the other competitors in the segment because you don't like them. Btw, absolutely nothing wrong with the A6 besides it not being offered in RWD (personal bias). The overall segment leader in the luxury midsize sedan segment at this point. Word to those Car & Driver rankings. The ES near the bottom. Ha.
Bob, those are your opinions. No need to throw shade at the other competitors in the segment because you don't like them. Btw, absolutely nothing wrong with the A6 besides it not being offered in RWD (personal bias). The overall segment leader in the luxury midsize sedan segment at this point. Word to those Car & Driver rankings. The ES near the bottom. Ha.
06-16-19, 07:52 PM
#49
Pole Position
No, those really aren't opinions. Those a facts. The G90 is a lesser car than the S Class at a huge discount. And the A8 is a less reliable car than the LS and never was a segment leader during the LS's lifetime. And I never said I didn't like them. But I don't know anybody here that ever said that's what they wanted in the new LS.
It looks like you were trying to imply that is some of us that aren't happy with the direction of the LS would have gotten what we wanted, then sales would be even lower than they are now. But, what I think most here wanted was a S Class level car at a discount with Lexus reliability. When Lexus actually did that, the LS outsold the S Class, sometimes outselling it 2 to 1.
It looks like you were trying to imply that is some of us that aren't happy with the direction of the LS would have gotten what we wanted, then sales would be even lower than they are now. But, what I think most here wanted was a S Class level car at a discount with Lexus reliability. When Lexus actually did that, the LS outsold the S Class, sometimes outselling it 2 to 1.
06-17-19, 06:53 AM
#50
Lead Lap
Thread Starter
Tesla
https://www.latimes.com/business/aut...el3-story.html
By Russ Mitchell
Jun 04, 2019 | 3:10 PM
A Tesla retail store in Berlin. More Model 3s were sold in the U.S. in May than in April, according to InsideEVs, but demand this year remains far below its level in late 2018. (Sean Gallup / Getty Images)
Tesla’s sales of its Model 3 perked up in the U.S. in May, according to estimates from the website InsideEVs, after a round of price cuts.
That goosed Tesla’s depressed stock price, which jumped 8% to close Tuesday at $193.60.
But Tesla car sales will need to blast off in coming months if Chief Executive Elon Musk hopes to approach the 360,000 to 400,000 cars he told Wall Street he’d sell this year. Last year, Tesla sold about 240,000 cars worldwide.
In the U.S., Tesla sold 13,950 Model 3s in May, up from 10,050 in April, according to InsideEVs, which has tracked monthly sales for electric and plug-in hybrid cars for nearly 10 years with a fairly reliable track record.
Still, demand this year remains far below the level in late 2018. In the last 5 months of 2018, according to InsideEVs figures, Tesla sold 101,700 Model 3s in the U.S.; in the 1st 5 months of 2019, it sold 46,425.
Sales of older Model S and Model X luxury electric vehicles strengthened in May too, InsideEVs said — to 2,400 vehicles from 1,875. But that is way down from a year ago; sales of those cars fell to 12,700 in the first quarter, from 27,500 in the fourth quarter of 2018.
Questions surrounding Tesla demand and growth prospects have pressured the company’s stock since January, when the stock was trading as high as $347.31 a share.
“We’re all pleased to see they have a bit better sales in the U.S.,” said Vicki Bryan, who tracks high-yield investments as chief executive at Bond Angle. “The price slashing has taken hold. But are they making money doing this?”
Tesla reports sales figures quarterly rather than monthly because, it says, monthly numbers fluctuate too much to be meaningful. A spokeswoman said Tesla is different from other carmakers because it builds cars for different markets at different times.
Tesla began shipping Model 3s to Europe in January and sales since then have been erratic. Tesla doesn’t release country-by-country vehicle-delivery numbers; vehicle registrations are used as a proxy in several countries. In Norway, Tesla’s biggest European market, government data show Model 3 registrations bounded from 864 in February to 5,315 in March. The number plunged in April to 650, then rose to 723 in May.
In Germany, independent market analyst Matthias Schmidt uses electric vehicle subsidy applications to estimate orders. German Model 3 orders have fallen every month since the 1st of the year: in January, 911 vehicles; February, 835; March, 811; April, 735 and May, 664. Schmidt said actual sales tend to come in at about 10% above his subsidy-application estimates, but trends have proved consistently accurate.
Investors will be eager to learn what affect the Trump administration’s trade war has had on Tesla sales in China. May sales estimates from that country aren’t yet available.
Musk has guided Wall Street to expect Tesla to deliver 90,000 to 100,000 vehicles in the current quarter, which ends June 30. His full-year guidance of 360,000 to 400,000 vehicles this year is at least 43% higher than Tesla’s sales in 2018.
The growth won’t come from the luxury Model S and Model X, the combined sales of which dove 56% in the first quarter. The Model 3 was always expected to cannibalize sales of the Model S. They’re both sedans, and the 3 is fresher.
The plan was to sell so many Model 3s that higher volume would make up for smaller profit margins — assuming the car can be sold at a profit at all. According to Musk’s forward guidance to investors, Tesla was supposed to be selling 400,000 to 500,000 Model 3s a year by the end of 2018. Sales volume so far hasn’t reached half that rate, but the company has spent billions of dollars to scale up factories, retail stores, service centers and car-charging networks.
Whether the Model 3 can ever achieve sustainable profits remains an open question. Last year, after 2 profitable quarters in a row, Musk said that he was “optimistic about being profitable in Q1 and for all quarters going forward.” The company lost $704 million in the first quarter, and analysts expect it to lose an additional $235 million in the current period.
If Model S and Model X continue their sales decline, the average selling price of Tesla vehicles will continue to drop. Tesla’s decision to finally produce cheaper Model 3s closer to the long promised $35,000 base price hurts margins too. And the company has cut prices on its cars several times over the last year.
Analysts, on average, still expect deliveries of 92,000 vehicles in the current quarter and 362,000 for the full year, according to FactSet. That would require a huge increase in June sales. The consensus stock price target is $285 a share – even though annual losses are predicted to be worse than in 2018.
Tesla Model 3 sales rise in May, but demand still hasn’t fully recovered
By Russ Mitchell
Jun 04, 2019 | 3:10 PM
A Tesla retail store in Berlin. More Model 3s were sold in the U.S. in May than in April, according to InsideEVs, but demand this year remains far below its level in late 2018. (Sean Gallup / Getty Images)
Tesla’s sales of its Model 3 perked up in the U.S. in May, according to estimates from the website InsideEVs, after a round of price cuts.
That goosed Tesla’s depressed stock price, which jumped 8% to close Tuesday at $193.60.
But Tesla car sales will need to blast off in coming months if Chief Executive Elon Musk hopes to approach the 360,000 to 400,000 cars he told Wall Street he’d sell this year. Last year, Tesla sold about 240,000 cars worldwide.
In the U.S., Tesla sold 13,950 Model 3s in May, up from 10,050 in April, according to InsideEVs, which has tracked monthly sales for electric and plug-in hybrid cars for nearly 10 years with a fairly reliable track record.
Still, demand this year remains far below the level in late 2018. In the last 5 months of 2018, according to InsideEVs figures, Tesla sold 101,700 Model 3s in the U.S.; in the 1st 5 months of 2019, it sold 46,425.
Sales of older Model S and Model X luxury electric vehicles strengthened in May too, InsideEVs said — to 2,400 vehicles from 1,875. But that is way down from a year ago; sales of those cars fell to 12,700 in the first quarter, from 27,500 in the fourth quarter of 2018.
Questions surrounding Tesla demand and growth prospects have pressured the company’s stock since January, when the stock was trading as high as $347.31 a share.
“We’re all pleased to see they have a bit better sales in the U.S.,” said Vicki Bryan, who tracks high-yield investments as chief executive at Bond Angle. “The price slashing has taken hold. But are they making money doing this?”
Tesla reports sales figures quarterly rather than monthly because, it says, monthly numbers fluctuate too much to be meaningful. A spokeswoman said Tesla is different from other carmakers because it builds cars for different markets at different times.
Tesla began shipping Model 3s to Europe in January and sales since then have been erratic. Tesla doesn’t release country-by-country vehicle-delivery numbers; vehicle registrations are used as a proxy in several countries. In Norway, Tesla’s biggest European market, government data show Model 3 registrations bounded from 864 in February to 5,315 in March. The number plunged in April to 650, then rose to 723 in May.
In Germany, independent market analyst Matthias Schmidt uses electric vehicle subsidy applications to estimate orders. German Model 3 orders have fallen every month since the 1st of the year: in January, 911 vehicles; February, 835; March, 811; April, 735 and May, 664. Schmidt said actual sales tend to come in at about 10% above his subsidy-application estimates, but trends have proved consistently accurate.
Investors will be eager to learn what affect the Trump administration’s trade war has had on Tesla sales in China. May sales estimates from that country aren’t yet available.
Musk has guided Wall Street to expect Tesla to deliver 90,000 to 100,000 vehicles in the current quarter, which ends June 30. His full-year guidance of 360,000 to 400,000 vehicles this year is at least 43% higher than Tesla’s sales in 2018.
The growth won’t come from the luxury Model S and Model X, the combined sales of which dove 56% in the first quarter. The Model 3 was always expected to cannibalize sales of the Model S. They’re both sedans, and the 3 is fresher.
The plan was to sell so many Model 3s that higher volume would make up for smaller profit margins — assuming the car can be sold at a profit at all. According to Musk’s forward guidance to investors, Tesla was supposed to be selling 400,000 to 500,000 Model 3s a year by the end of 2018. Sales volume so far hasn’t reached half that rate, but the company has spent billions of dollars to scale up factories, retail stores, service centers and car-charging networks.
Whether the Model 3 can ever achieve sustainable profits remains an open question. Last year, after 2 profitable quarters in a row, Musk said that he was “optimistic about being profitable in Q1 and for all quarters going forward.” The company lost $704 million in the first quarter, and analysts expect it to lose an additional $235 million in the current period.
If Model S and Model X continue their sales decline, the average selling price of Tesla vehicles will continue to drop. Tesla’s decision to finally produce cheaper Model 3s closer to the long promised $35,000 base price hurts margins too. And the company has cut prices on its cars several times over the last year.
Analysts, on average, still expect deliveries of 92,000 vehicles in the current quarter and 362,000 for the full year, according to FactSet. That would require a huge increase in June sales. The consensus stock price target is $285 a share – even though annual losses are predicted to be worse than in 2018.
06-23-19, 09:48 PM
#51
Intermediate
Don't ever go full Lavar Ball on me. I stated facts backed by numbers. You can continue to speak into existence your opinions, but you are only making a fool out of yourself. Don't assume or imply anything.
I am sure Lexus would love to sell a LS at $50K against the $100K S-Class... Like I said countless times in all these LS related threads, time to move on. You are stuck in the past. I am really on your side in wanting Lexus to do the right thing, but I understand why they went a different direction.
Looking forward to our monthly argument next month. And I thought old Supra heads were toxic against the MKV...
I am sure Lexus would love to sell a LS at $50K against the $100K S-Class... Like I said countless times in all these LS related threads, time to move on. You are stuck in the past. I am really on your side in wanting Lexus to do the right thing, but I understand why they went a different direction.
Looking forward to our monthly argument next month. And I thought old Supra heads were toxic against the MKV...
06-24-19, 04:34 PM
#52
Lexus Fanatic
The GS's days are numbered. I know this has been talked about but it looks all but guaranteed now. The ES has gone upmarket enough to cover both ES/GS market. Sure, the GS was always the sportier sedan but the demand is long gone for it. Even if Lexus were to bring an all new GS, I don't think it would be enough.
LS down 50% so early in its life is alarming. Looks to be a misstep by Lexus. Two or three main reasons: no V8, overdone styling for a traditionally conservative customer base, and smallish back seat for a full size luxury sedan. These sales numbers are a bigger problem than just a general sedan problem.
LS down 50% so early in its life is alarming. Looks to be a misstep by Lexus. Two or three main reasons: no V8, overdone styling for a traditionally conservative customer base, and smallish back seat for a full size luxury sedan. These sales numbers are a bigger problem than just a general sedan problem.
06-25-19, 11:45 AM
#53
Pole Position
Please explain where this "fact" came from. Looks like of Lavar Ballish to me. The S Class has always been the target for the LS. Not low selling cars that are clearly lesser than the S Class.
Last edited by Bob04; 06-25-19 at 12:04 PM.
06-25-19, 11:59 AM
#54
Pole Position
I was just being polite. You were outright saying that if people like past LS owners got what we wanted instead of what was delivered, sales would have been even worse. There is no factual basis for that. PERIOD. So, if you really want people to "move on", stop making baseless statements like that. You can't call out someone with some absurd statement like that and they tell them they are the one that should let it go.
On top of that, you were wrong on what we wanted. Customer expectations of the LS have ALWAYS been at the level of the S Class. Nobody was benchmarking the G90 for the next LS. And I've never seen anybody say they wanted the LS to be like the A8. Ever. Sure, both are great cars and both have qualities that would be in line with expectations for an LS, but it has ALWAYS been about beating the S Class at a lower price point and high quality and reliability. That is what made Lexus great to begin with.
On top of that, you were wrong on what we wanted. Customer expectations of the LS have ALWAYS been at the level of the S Class. Nobody was benchmarking the G90 for the next LS. And I've never seen anybody say they wanted the LS to be like the A8. Ever. Sure, both are great cars and both have qualities that would be in line with expectations for an LS, but it has ALWAYS been about beating the S Class at a lower price point and high quality and reliability. That is what made Lexus great to begin with.
Last edited by Bob04; 06-25-19 at 12:06 PM.
06-29-19, 08:55 PM
#55
Intermediate
Don't you ever make up lies about what I wrote. PERIOD. You can imply all you want. Once again, I did not state that LS sales would be worse. PERIOD. Men lie, women lie, numbers don't.
Lexus does not care what you want. Lexus does not care what I want. You need to move on. Go buy a CPO S-Class if you want a lower price point S-Class with a great warranty.
Leave me alone already.
Lexus does not care what you want. Lexus does not care what I want. You need to move on. Go buy a CPO S-Class if you want a lower price point S-Class with a great warranty.
Leave me alone already.
06-30-19, 08:00 PM
#56
Lexus Fanatic
iTrader: (20)
Bob04, nicedude - you’ve both made your points, now drop it, thanks.
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