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Tesla is in worse shape than you think

Aaron carter

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Things are undoubtedly bad at Tesla. Its sales are dwindling. Its profits are plunging, as is its share price. There are regular protests outside its showrooms. The Cybertruck is a flop. And somehow, it’s actually a lot worse than that.

The 71% drop in net income it just reported may have been overshadowed by CEO Elon Musk’s announcement that he would be stepping back from his controversial duties at the Department of Government Efficiency (DOGE). But that drop is just one indication of serious financial sickness at the EV maker, problems brought on by falling sales for the first time in its history and falling prices for electric vehicles.

The bottom line problem at Tesla is its vanishing bottom line. A deeper look at its first quarter report shows it’s now losing money on what should be its ostensible reason for existence – selling cars.

It was only able to post a $409 million profit in the quarter thanks to the sale of $595 million worth of regulatory credits to other automakers.

But if the Trump administration gets its way, the company can kiss those regulatory credits keeping it in the black goodbye, too.

More at https://edition.cnn.com/2025/04/28/business/things-at-tesla-are-worse-than-they-appear
 
Things are undoubtedly bad at Tesla. Its sales are dwindling. Its profits are plunging, as is its share price. There are regular protests outside its showrooms. The Cybertruck is a flop. And somehow, it’s actually a lot worse than that.

The 71% drop in net income it just reported may have been overshadowed by CEO Elon Musk’s announcement that he would be stepping back from his controversial duties at the Department of Government Efficiency (DOGE). But that drop is just one indication of serious financial sickness at the EV maker, problems brought on by falling sales for the first time in its history and falling prices for electric vehicles.

The bottom line problem at Tesla is its vanishing bottom line. A deeper look at its first quarter report shows it’s now losing money on what should be its ostensible reason for existence – selling cars.

It was only able to post a $409 million profit in the quarter thanks to the sale of $595 million worth of regulatory credits to other automakers.

But if the Trump administration gets its way, the company can kiss those regulatory credits keeping it in the black goodbye, too.

More at https://edition.cnn.com/2025/04/28/business/things-at-tesla-are-worse-than-they-appear

Tesla is a damaged brand now. Not worth investing until Musk is out of Trump 2.0 Admin.
 
Personally, I think Musk and Trump are irrevocably entwined at the hip. If one goes down, so will the other.
 
Screenshot 2025-05-15 at 8.16.44 AM.png
 
For every seller there is a buyer.

Let's see how things go. :D
 
If you compare specs for specs for an EV…the Tiong ones are half the RRP ofTesla models.
 
If you compare specs for specs for an EV…the Tiong ones are half the RRP ofTesla models.

BYD beats Tesla in European EV sales despite EU tariffs in ‘watershed moment,’ report says​

PUBLISHED FRI, MAY 23 20253:05 AM EDTUPDATED FRI, MAY 23 20254:36 AM EDT
thumbnail

Dylan Butts@IN/DYLAN-B-7A451A107
WATCH LIVE
KEY POINTS
  • BYD’s Europe volumes rose 359% in April from last year, data from JATO Dynamics showed.
  • Its success comes despite the EU’s imposition of punitive tariffs on BEVs made in China.
  • “Europe is emerging as a central battleground between BYD and Tesla,” an analyst said.
Chinese EV maker BYD logo is seen in a mobile device screen in this illsutration photo with Chinese and EU flags in the background in Warsaw, Poland on 20 June, 2024. (Photo by Jaap Arriens/NurPhoto via Getty Images)

Though the difference between the two brands’ monthly sales totals is relatively small, the implications of BYD beating out Tesla “are enormous,” says Felipe Munoz, global automotive analyst at JATO Dynamics.
Jaap Arriens | Nurphoto | Getty Images
Despite incurring a higher tariff rate than Tesla, Chinese electric vehicle maker BYD sold more pure battery electric vehicles in Europe for the first time ever last month — a “watershed moment” for the region’s car market, according to a report from JATO Dynamics.

New car registrations data from the automotive intelligence firm shows that BYD’s Europe volumes rose 359% in April from last year as the company continues its global expansion efforts.


Over the same period, Tesla reported yet another monthly drop, with total volumes down 49%, JATO said. That follows protests against CEO Elon Musk and the company in the region. JATO’s data comes from 28 European nations.

BYD’s success in the EU comes despite the economic bloc’s imposition of punitive tariffs on battery EVs made in China last October. The EU attributed the move to unfair trade practices.

The punitive tariffs appeared to be favorable to Tesla, assigning its made-in-China vehicles a 7.8% duty compared with BYD’s 17%. Other Chinese EV makers were given tariffs as high as about 35%. The EU also has a standard 10% car import duty.
 

BYD beats Tesla in European EV sales despite EU tariffs in ‘watershed moment,’ report says​

PUBLISHED FRI, MAY 23 20253:05 AM EDTUPDATED FRI, MAY 23 20254:36 AM EDT
thumbnail

Dylan Butts@IN/DYLAN-B-7A451A107
WATCH LIVE
KEY POINTS
  • BYD’s Europe volumes rose 359% in April from last year, data from JATO Dynamics showed.
  • Its success comes despite the EU’s imposition of punitive tariffs on BEVs made in China.
  • “Europe is emerging as a central battleground between BYD and Tesla,” an analyst said.
Chinese EV maker BYD logo is seen in a mobile device screen in this illsutration photo with Chinese and EU flags in the background in Warsaw, Poland on 20 June, 2024. (Photo by Jaap Arriens/NurPhoto via Getty Images)

Though the difference between the two brands’ monthly sales totals is relatively small, the implications of BYD beating out Tesla “are enormous,” says Felipe Munoz, global automotive analyst at JATO Dynamics.
Jaap Arriens | Nurphoto | Getty Images
Despite incurring a higher tariff rate than Tesla, Chinese electric vehicle maker BYD sold more pure battery electric vehicles in Europe for the first time ever last month — a “watershed moment” for the region’s car market, according to a report from JATO Dynamics.

New car registrations data from the automotive intelligence firm shows that BYD’s Europe volumes rose 359% in April from last year as the company continues its global expansion efforts.


Over the same period, Tesla reported yet another monthly drop, with total volumes down 49%, JATO said. That follows protests against CEO Elon Musk and the company in the region. JATO’s data comes from 28 European nations.

BYD’s success in the EU comes despite the economic bloc’s imposition of punitive tariffs on battery EVs made in China last October. The EU attributed the move to unfair trade practices.

The punitive tariffs appeared to be favorable to Tesla, assigning its made-in-China vehicles a 7.8% duty compared with BYD’s 17%. Other Chinese EV makers were given tariffs as high as about 35%. The EU also has a standard 10% car import duty.

It's apples vs oranges. BYD sells models like the Seagull BEV in Europe which is 20.000 Euros cheaper than the Model 3. Add to that the fact that Tesla Berlin had a 3 week shut down in Q1 and it makes head to head comparisons for 2025 impossible.

Let's see what happens by the end of 2025.
 

I must admit model y new model looks great. But just like volvo's, no buttons and knobs. So no deal.
Only EV I managed to find with buttons and knobs are made in China by chery. The Icar.

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Trading in the old Model 3 but I can't make up my mind whether to get the new Model 3, the new Model Y or to wait for the Cybertruck.
 
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