Tesla Australia sales slump for seventh consecutive month
Since the start of 2024, the US car giant is down 19.4 per cent to 32,214 deliveries (from 39,985), and over the past seven months – all down on the periods in 2023 – it is down 34.3 per cent.
Albos automobiles
@Gdsamp am I doing this right?
Doesn't matter. All the billion dollar Fed contracts that will be coming his way very soon will more than make up for any Tesla losses for Musk.
That is true.
This time he'll actually have a proper seat at the table.
Oh dear god.
Not many MAGA EV enthusiasts.
Tesla’s looking old now. Most brands refresh their models every 3 years
have a look at all the price reductions for less expensive Ev's
people would rather buy a less expensive MG, BYD , GWM, etc (recent deals)
Seeing these Chinese cars everywhere on the road. You'd have to have a lot of money to spare to buy a Tesla today, and if you had that kind of money you probably would want an actual luxury car. Without self driving, Teslas look pretty poor value today. I guess Musk could just make a cheaper car to compete, if he already owns the technology to do it. Other car makers operate with tiny margins, that's how they all do it.
Are you aware how much the Model 3 and Y have come down in price the last 2 years? Both starting under 60k drive away now. They are not luxury cars.
Both starting under 60k drive away now. They are not luxury cars.
2024: $60K is not considered a luxury car price anymore.
This was obvious to anyone with half a brain from a few years back when Elon had a meltdown. Tesla hasn't done anything innovative for many years, or at best just taken out features.
You can get better cars for cheaper now, without a crack head at the top… So it's just a company starting to fail. Will see if he can pull it together but if not it'll just slowly go away with time.
Just curious… can you point us to the EVs that are cheaper and better than the Tesla offerings?
Pretty simple really, Australians like Americans are pretty shallow and image oriented and Tesla don't sell a big manly man dual cab that people can buy to pretend they actually do anything on the weekend other then drink shit beer and cheap wine.
Australia has the most saturated car market in the world, everyone who actually wanted an EV with a great charging network, good power and all around "good" has bought them. Everyone else is now buying the poser dual cabsand any EV buyers left never leave there capital city so why buy a more expensive Tesla over a cheapo Chinese that's slower and smaller but otherwise every bit the same plus alot of Teslas network is opened in the off chance you venture outside the city limits
If the sales are down, why are the shares up?
Because Elon is a Trump boot licking cuck. Tesla stock is actually down over the last few months, but due to the “red mirage” rolling in, people think that Trump is going to win and Elon is going to be Trump’s simp and this will be reflected in Tesla stock.
They are betting that if Trump wins that demand for Tesla stock will skyrocket because of Elon’s connection to the orange Cheeto creep.
Oh and Tesla stock is mostly a Ponzi scheme propped up by fanbois and Elon simps.
Added to which, Trump announced he will impose 60% tariffs on all goods from China, which will push the price of Chinese EVs up much higher, making Teslas more competitive in the marketplace.
In other news, Trump won!
Stock up 14%
Thanks Donald!
might see those numbers go back up now
The numbers don't make any sense
April 2023 3676 Up 6969.2 per cent
May 2023 4476 Up 37200 per cent
June 2023 7018 Up 3980.2 per cent
July 2023 3934 Up 98250 per cent
August 2023 3309 Down 2.6 per cent
Wtf? Was this curated by AI?
It's calculated in freedom units.
It's clickbait garbage.
I don't love Elon or Tesla's but this is pure garbage designed to be shared by the anti ev crowd to justify their beliefs.
2022 sales were non existent in some months around lockdown and no incoming shipments hence the numbers were tiny for some months leading to massive percentage increases for 2023. i.e. 98250% increase means July 2022 was 4 cars.
so?
Many people are waiting for the Model Y refresh and I’d also suspect the lack of stalks are a deterrent. Plus, sedans aren’t popular to buys.
Teslas do have their flaws but as an overall package, they’re still competitive.
The new Chinese entrants whilst they’re fine cars. It’s still a gamble as the brands may not stick around in Australia long enough.
I hope they do as competition is great for consumers and stops brands like Tesla price gauging us. Like traditional manufacturers have done to Australia for decades.
Tesla sold 72000 cars in China, where the EV market is most mature in the world …
Go figure…..
Is that high or low?
Hard to tell without any context..
To give you an idea… in August 2024, BYD sold around 373,000 electric vehicles in China… in one month.
In the same month, Tesla sold 63,500
So I would say that in the context of sales, “70,000” in China is (fropanity) all.
This is pretty much akin to Apple iPhone sales vs Xiaomi, Oppo etc in China… check out the sales prices of each unit. Bear in mind Tesla has 2 models (x can be ignored).
You're taking data and misleading people. BYD Sold 148,470 BEV (purely battery car) and 222,384 PHEV (plug in hybrid) in Aug 2024. Total of 373,000 vehicles.
To give you an idea… in August 2024, BYD sold around 373,000 electric vehicles in China… in one month.
Tell me you're uneducated without telling me…..
BYD didn't sell 373k BEV, they sold 373k cars including Hybrids, PHEVs. Cars with a ICE don't count.
Tell me you're uneducated without telling me…..
BYD didn't sell 373k BEV, they sold 373k cars including Hybrids, PHEVs. Cars with a ICE don't count.
What is the best-selling EV in China 2024?
In the first half of 2024, the BYD Song was the most popular EV in China. The model recorded 292,138 deliveries and made up 6.8% of the overall plug-in market. Its sibling, the Qin Plus, secured second with 220,008 registrations.9 Aug 2024
T esla sold 72000 cars in China, where the EV market is most mature in the world …
Go figure…..
2023 China population 1.116 billion. Tesla sales 72,000.
2023 Australian population 26.6 million. Tesla sales in Australia 46,000.
Yep, go figure.
Maybe Elon can have a celebratory sale now that Mr Orange is heading back to the White house. Discount code MAGA
Who buys a tesla in 2024?
Still the best EV out there
You can buy TWO chinese EV's for the price of a Tesla. Hardly worth buying any tesla no matter what.
You can buy TWO chinese EV's for the price of a Tesla.
You can't buy two equal sized EVs to a Tesla, but feel free to prove my wrong.
Hardly worth buying any tesla no matter what.
Tesla is far more refined than the other OEMs.
It's pretty simple:
Seven years ago Tesla's EVs were simply the best. There was no competition. Now? The 3 is seven years old and has received very minor tweaks. It's an old model and the Chinese have caught up and overtaken Tesla's tech. Full Self Driving is still years away from actually doing what Musk promised would be available in 2017.
Musk's antics. A decade ago I looked favourably upon Musk and his EV and space ventures, but he's far too distracted with completely irrelevant businesses. And over the past few years he's turned quite far right. I know I personally would not buy a Tesla while he's involved in the business.
Tesla Sales Slump
How does that compare to the general car sales slump?
Well Tesla shares up 14% overnight but that is due to Trump winning and market expectations of Elon now milking it lol
say what you like about Elon but he knows how to back a winning horse. that might be the best 180m investment he's ever made
Stale products, questionable design, questionable build quality, toxic brand, high depreciation, better alternatives.
There was a discussion a year ago about Tesla depreciation. Fanboi's wouldn't have a bar of it. And now….here we are
RIP
just wait till the leasing subsidies from the government stop
Cars are old tech these days missing basic features. Better options available now
at least the charging network is not dropping..
sales slump doesn't surprise me, there are a number of factors:
- Initial hype is over
- Cost of living crisis only got worse or has gone on longer than expected. People prefer to pay mortgage or buy food rather than buy a new car
- Some people are simply waiting to see how these EV's fare out in the long run. Me personally i'm open to EV's, i just don't want to test it with my wallet, i want to wait till the general consumer cars start reaching the 10 year mark to see what the true cost of ownership is.
- competition from all direction
- and of course there are people out there that either don't want to buy a tesla OR regret their purchase of a tesla after seeing how Musk has been in the recent years.
- and you will always have the ICE warriors who will always reject EV's until they have no option, but i wouldn't consider them as causing a sales slump, as they would have never bought in to begin with.
A sales slump for a year or 2 is not something to worry about, it's best to see how it goes over a 5-10 year period.
I'm sure he will be fine now Trump is in, cue tax breaks, and tariffs on all non Tesla EVs
Doesn't matter, Elon will just get a huge taxpayer-funded grant from his best boyfriend Trump now that he is in bed with him.
And the rightwing white male crowd that voted him in will get all aroused watching their two favorite screen crushes pat each other on the back, meanwhile condemning all socialism to showing how unhypocritical they are.
from a news item.
Trump's China policy could hurt Tesla
Trump has vowed to end something he calls "Biden's EV mandate", even though no such mandate exists, and it is unclear what he is referring to.
But under Biden there has been significant government support for building and buying EVs, including billions of dollars in loans to encourage automakers to invest in factories to build EVs and batteries in the United States, support for charging stations and a $US7500 ($11,400) tax credit to many electric car buyers.
Many industry experts believe Trump will end those programs. Trump could order the Treasury Department to change the rules that determine when car buyers qualify for the credit, greatly limiting the tax credit's availability. Or, if Trump has a Republican-controlled Congress, he could get legislation passed to eliminate the credit all together.
The bigger problem for Tesla with Trump's win is that there could be a renewed trade war with China, said Ives, given the importance of its plant in Shanghai to its global sales and profits.
With Trump's victory, "he'll be much harsher on China, and then the negatives could outweigh the positives for Tesla", Ives said. "Over 40 per cent of deliveries come from the China market. Tesla would be caught in the crossfire."
trump will do whatever will help trump
he's stupid and predictable
for people who are not "car people" why would you spend more on a tesla when the Chinese competition like BYD is way better
Tesla used to boast about their superior battery tech, but now Tesla buys their batteries from CATL. Many of the things that made Tesla unique and superior to other brands have been outcompeted by others.
Tesla spent years on the Cybertruck, a vehicle that will never be sold in Europe or Australia, while letting the 3 whither on the vine without significant upgrades.
There are now more options.