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Tesla Is Sitting on a Record 50k Unsold EVs
- stephbook 7mo agoThis is actually a good thing, since they're going to make Tesla a lot of money once they're self-driving.
- michaelsshaw 7mo agoFull self driving in 2017! Wait, sorry 2018. Okay, 100% we will have FSD in 2019. Actually 2020. 2021? No? Soon(TM) is the new release date.
- DonHopkins 7mo agoDid you know that you can get a 50% off coupon for your next purchase from Tesla if you google the word "gullible"?
- tvbusy 7mo agoIf only cancer patients can be this positive.
- rvnx 7mo agoI'm surprised he isn't focused on curing cancer yet. There are promising approaches with mRNA that could work out if enough funding is pushed there.
- gitaarik 7mo agoHaha that's a good one!
- KnuthIsGod 7mo agoAh, they being kept for Elon's fully autonomous robots to drive. The rest of will just buy Xiaomi SU 7's....
- rvnx 7mo agoand ride on Waymo
- kubb 7mo agoSounds like they're about to have a surge in stock price.
- testfrequency 7mo agoEveryone on Twitter right now (probably): “You don’t understand the vision” “This is actually a good thing” “HODL”
- PowerElectronix 7mo ago"TSLA is about robots, not cars" is thrown without irony to anyone that questions the car business.
- rvnx 7mo agoIn 6 months post-IPO: SpaceX purchases Tesla
- Ekaros 7mo agoMerger in all stock deal? That could happen... Have to get to be bigger than everyone else.
- rvnx 7mo agoThis was a banter, but... https://www.investing.com/analysis/would-a-teslaspacex-merger-be-the-ultimate-musk-move-or-a-red-flag-200677847 https://www.investing.com/analysis/would-a-teslaspacex-merge... (article from today)
- m101 7mo agoI think q1 is a weak quarter for sales so it might be that inventory build is normal in this quarter. Economic weakness and high energy prices will not help sales though.
- khalic 7mo agoOh don't worry dumb investors will still find a way to grift more, this company's value was never based on performance, it runs on vibes.
- bookofjoe 7mo agoworks for coding!
- treetalker 7mo agoEveryone's just waiting for the Roadster 2 to come out. Any decade now.
- michaelsshaw 7mo agoJust like full self driving robotaxis in 2017...
- michaelsshaw 7mo ago[flagged]
- holoduke 7mo agoWhy? Who are you supporting instead?
- michaelsshaw 7mo agoIs there now a requirement for disliking something that I advocate for something else? I just hate Tesla, I am a Tesla hater. That really is it.
- testfrequency 7mo agoSupporting? As in, what car do they drive lol
- bluGill 7mo agoI'd love a train network that worked. I've lost too many friends to car.
- yostrovs 7mo agoHate is a bad phenomenon. I even see signs in my neighborhood saying stuff like "hate has no home here". Maybe try to tamper it down a bit?
- michaelsshaw 7mo agoAre you really comparing race-based hatred to extreme disdain for a company more parasitic than tapeworms? Is that actually what you are saying? "Corportations are people too, and can experience racism as well!" Certified YCombinator moment.
- leosanchez 7mo agoWhy do you think Tesla is more parasitic than tapeworm? Didn't it start EV revolution? Or are you projecting your hatred of Elon on Tesla ?
- decimalenough 7mo agoThe figures quoted here are old, since EV sales have gotten a massive boost from spiking oil prices. The actual figures aren't out yet but anecdotal evidence at least in Australia suggests sales in March (across all brands, not just Tesla) doubled from February. That said, for Tesla this is only a bandaid, since they have absolutely nothing in the consumer pipeline beyond the current increasingly uncompetitive offerings. Chinese brands like BYD, on the other hand, are laughing all the way to the bank.
- reactordev 7mo agoIt was always about first mover advantage and never about building a sustaining car manufacturer. It was about moving an industry.
- DiscourseFan 7mo agoObviously the oil spike, while not a relatively massive price hike historically, is clearly accelerating the pace of electrification, similarly to how COVID accelerated the use of zoom and other remote work platforms. But also similarly, it will probably be the case that gas is still used for some needs, just not nearly as many as today. People still do prefer their gas ranges, and its not as if natural gas is a great pollutant. But electricity is easier to manage than ever now, given battery capacity.
- girvo 7mo agoInduction is better than gas in basically any way you can care to slice it, and natural gas in your home is actually quite bad for air quality. https://www.abc.net.au/news/2023-03-17/kitchen-pollutants-study-australia-looks-at-gas-stove-health/102109372?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=link https://www.abc.net.au/news/2023-03-17/kitchen-pollutants-st...
- taeric 7mo agoI mean, if you are looking at unventilated kitchens, you are going to get bad values cooking. Pretty much period. Yes, by products of burning gas are bad. But by products of cooking are already bad. Ventilate your kitchen.
- Aurornis 7mo agoThis is all so frustrating. Tesla could have easily been an American auto maker generational success story. Instead they’re working hard to undermine their own success, turn their brand toxic, and even design vehicles that are unappealing to key purchasing demographics (Cybertruck).
- throwaway290 7mo agono worries, when things go hard and stock goes down they can count on Trump for a convenient war and oil crisis.
- rvnx 7mo agoThis war is going to push oil prices up, which means more EV sales. On top of that, make sure to sprinkle a bit of tariffs in order to block BYD. Mhhh, makes sense.
- freedomben 7mo agoThe oil prices is a short term thing, and Trump is all about "Drill baby drill" so no, it doesn't make sense. The tariffs though is a great point. Definitely a boon for Tesla from good old Papa Trump. It's grotesque.
- throwaway290 7mo agoWell, I didn't say it's intentional... just that they can count on it... but yeah it was sarcasm.
- MPSimmons 7mo agoYes, Elon's trajectory has been absolutely unbelievable since 2019 or so. Talk about a guy who cratered his whole reputation. It's a shame.
- jm4 7mo agoWhat changed is he took the mask off. He was always the sleaze that he is today, but a lot of us were fooled into believing he wanted to do something good.
- Ekaros 7mo agoGreat things to have on balance sheets. With inflation their value can only go up. And as they are level 6 self-driving capable as is soon they can be sold for massively more money. Really they should stock pile hundreds of thousands more.
- muglug 7mo agoTheir worth is tied to what people are prepared to pay for them. And right now most people aren’t prepared to pay for Teslas.
- twic 7mo agoYou're completely right. I've got an idea for an investment strategy. We start a company, and issue shares. We use the money to buy Teslas, and hold them as assets. As the value goes up, the value of the company will rise. Then we issue more shares, at a higher valuation, and use the money to buy more Teslas. Infinite money glitch. I call it a Drivable Asset Treasury company.
- eigenspace 7mo agoTrolling is starting to become indistinguishable from serious utterances.
- dmix 7mo agoSo according to the article, it had 48k extra cars during a quarter in 2024 and now the new record of 50k in Q1 2026, after they sold 358,023 out of 408,386.
- Mistletoe 7mo agoOne would be in my driveway but we cancelled it right when it was about to be delivered when Elon began his decline into madness. Know your audience and your buyers man. Maybe hide your alt right nonsense when your buyers love the earth and the environment.
- looksjjhg 7mo ago[flagged]
- deleted 7mo ago[deleted]
- BirAdam 7mo agoThe article mentioned the tax incentive, and I’ve seen many do the same. I’ve rarely ever heard anyone talk seriously about how much the USA spends on oil subsidies.
- deleted 7mo ago[deleted]
- ndr42 7mo agoTesla has an P/E Ratio of 332 (in comparison, Apple has 31.3) - the stock price is not based on measurable numbers so I don't think that the unsold EVs will have any consequences for the valuation. When reality finally sets in it will not be pretty. Source: At the End of https://asymco.com/2026/03/31/melius-highlights-fcf-while-reiterating-buy-on-apple https://asymco.com/2026/03/31/melius-highlights-fcf-while-re... Edit: typos
- api 7mo agoHow far could this go? As a thought experiment could you have a publicly traded company with zero revenue and zero assets. It’s literally paper. What would stop its stock from “mooning” if the Keynesian beauty contest or the global stock casino decided it should? What mechanism pushes the other way? Nobody pays dividends anymore.
- drivingmenuts 7mo agoWhat do you have to do to get people to realize that SOB is basically a Nazi? Nobody seems to care that he’s a racist POS supporting extreme right-wing causes.
- spwa4 7mo agoTLDR: The problem is that Tesla has had 0% effective growth 2 years now. If this robot thing doesn't work out ... watch out below.
- ryandvm 7mo agoDevastating news - expect the stock to jump 10%.
- motiw 7mo agoTesla's FSD problem isn't the technology, it's the positioning. It's genuinely good at what it does but selling it as "Full Self-Driving" set an expectation it can't meet. If they had framed it as the best safety feature, always aware co-driver watching out for you, people would trust it far more and adoption would be much higher.
- dmix 7mo agoI noticed they call it FSD (Supervised) on their site now https://www.tesla.com/en_ca/fsd/safety https://www.tesla.com/en_ca/fsd/safety probably to differentiate from their limited testing of Robotaxis in Austin https://robotaxitracker.com/?provider=tesla https://robotaxitracker.com/?provider=tesla And there's a community which tracks their progress independently https://teslafsdtracker.com/ https://teslafsdtracker.com/
- functional_dev 7mo agoGood point, full self driving probably felt like marketing win back then... but now it is a liability. Rebranding now would just highlight all missed promises
- taraharris 7mo agoElon would sell a lot more cars if he'd make peace with Vivian his fear keeps him holding in tears I guess I'll just buy a Rivian
- api 7mo agoYou win the Internet today. Congratulations!
- mnmnmn 7mo ago[dead]