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.
BYD.
BYD
Which BYD are you thinking?
BYD Seal Premium is $65k
Model 3 Long Range is $65k
BYD is slower, less range, slower AC charging speeds, slower DC charging speeds and has BYD customer service, which isn't great.
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.
Are you forgetting that Tesla already sells in China and competes just fine. What makes you think they cannot do it in their own backyard?
The US has had a 100% tariff on Chinese EVs since May this year so Chinese EVs are practically absent from the US market already.
In other news, Trump won!
Stock up 14%
Thanks Donald!
So you must be a kamala (profanity) is it?
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
Firstly they did not sell 373k EV's. And I dont know who you are simping for but being this obtuse and blind should be a crime.
BYD has many more models and very cheap models - Tesla only has 2. You can make a lot of money selling fewer cars or make little money selling a lot of cars. You conveniently left out the fact that Model Y is one of the best selling EV in China and Tesla had their best ever sales month in China in September 2024.
https://www.teslarati.com/tesla-model-y-sales-highest-ytd-ch….
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.
Numpty those are monthly sales in China compared to 46,000 for the year in Australia. Why are you guy so obtuse?
Tesla sold 72k fast sexy cars.
Have a Google of the BYD seagull, and you will see not all cars are equal.
Tesla isn't trying to compete against every EV, they are going after the middle to upper market.
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.
For the rabid radical left, anyone who disagrees with them is right. Second, Model 3 has been constantly updated all of these years just not in way you guys are used to - under the skin it is an entirely different car but you would not know it any better. I dont expect you to if you cant get your left and right, right.
Tesla Sales Slump
How does that compare to the general car sales slump?
The last I knew, VW is closing 3 factories in Germany, a first since 1937. These people have absolutely no idea.
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
And what if Trump lost?
We dont know. He didnt lose.
You dont know or you dont want to say it as it does not suit the present day propaganda. Hindsight is a genius.
@dealsucker: Noone knows what would have happened if thw little dumpling didnt win. We do know that the market reacted like it did because they suspect musty is going to get some benefits. Dumpy winning wasnt going to do EV makers any favours otherwise. He's certainly not pro EV.
@Euphemistic: One one hand they arent going to do any favour to EV makers and on the other hand Musk is supposed to receive some benefits? Like he needs benefits for Tesla to be successful? FYI, Tesla is already has big as BMW/Mercerdes in volumes alone and much more profitable per unit otherwsie. You arent making much sense.
Stale products, questionable design, questionable build quality, toxic brand, high depreciation, better alternatives.
Why buy a new car that you know has high depreciation?
Either buy a ICE/hybrid/PHEV with better resale OR a cheaper EV.
I don't really need a new car but in a couple of years time a 3-4yo post-facelift Model 3 for $20k will be great value as a runabout.
You reckon it'll be 20k soon?
Was looking at a Rav4 but hey I'll cave in for a 20k tesla
In a few years I’d say a 4yo model 3 wouldn’t be much more than $20k. Or maybe a BYD Seal.
Maybe people who have purchased it last year/this year on a novated lease will dump them at the end of the lease.
There will also be newer and cheaper EVs hitting the market in the next couple of years.
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
Would love to read the comments.
Also this claim by Elon didn’t age well https://electrek.co/2019/04/12/tesla-vehicles-appreciating-a…
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's China policy could hurt Tesla
Tesla is the most USA made EV sold in the country, I doubt it'll be hurt much like the made in Mexico F150 EV.
Forksnorter sounded pretty salty about Trump's victory.
trump will do whatever will help trump
he's stupid and predictable
Both Trump and Elon are against all forms of EV incentives. Stop believing mainstream media.
Both are on record and held this view for years and confirmed the same during the latest election cycle.
It's nice to say one thing and do another. Tesla has benefited from billions in government preferential loans, subsidies, and grants.
Changing the argument. Elon has always said on record, the government loans, incentives for EVs are stupid, but if they are offered they will take the incentives. Otherwise the playing field is not level.
So no he always does what he says.
I don't own a Tesla or hold Tesla shares, just hunt for the truth and not fake news.
@UltimateAI: So why do you think he has cozied up so much to Trump prior to his election? Because of his charm? Or his environmentalism? Or his love of EVs?
So no he always does what he says.
Thanks for clarifying who you worship. I'm sure that is an accurate statement.
@UltimateAI: In 2010, Tesla applied for an emergency government loan of $465 million. Although Tesla eventually repaid this loan, what is worth nothing is that this loan was critical for Tesla at the time, and it can be considered a bailout. What is also worth noting is that it wasn't "offered" to Tesla, nor to other EV manufacturers. Tesla requested it from the government.
@ForkSnorter: Misleading but true.
Other automakers also received the loan (eg: GM and Nissan) but Tesla as the ONLY EV maker was the ONLY EV maker to receive the loan,
Tesla re-paid the loan ahead of schedule and with INTEREST!!
Noting neither GM, Nissan or anyone else have yet re-paid their loans, they are compliant with the MINIMUM payments.
The GM loan was $6 billion, but yes let's focus on Tesla borrowing money over 14 years ago that they quickly re-paid back with Interest.
@UltimateAI: Nevertheless, the fact remains that Tesla relies on subsidies and clean-air credits to remain profitable.
Anyway, interested in why you think he has cozied up so much to Trump prior to his election? Because of his charm? Or his environmentalism? Or his long history of support for EVs?
@ForkSnorter: Good question… Ego.
- Biden called GM as the leader in EVs and refused to allow Elon into the EV summit
- Biden admin publicly told Elon, to go F* Himself on Twitter (at the time)
- On Biden's personal orders, over 32 government department have been tasked to go after Elon and associated companies. 16 cases still pending.
- SpaceX fined millions for spilling drinking water on a flood plane during rain
- SpaceX taken to court for not hiring immigrants. (Which would violate the various government and Nasa contracts)
- SpaceX banned from many government contracts
- Reduced the cost of space launches by 20x +, embarrassing lobbyists of Boeing
- Biden personally stating Elon's relationships with Russia need to be investigated
- Biden administration threatens to deport Elon on 3 occasions
- Lobbied against EV incentives
- Biden refused to acknowledge SpaceX's success and contribution
- According to Democrats, Biden allegedly instructed the Delaware judge to force the Twitter Aquisition
- According to Democrats, Biden allegedly instructed the same Delaware judge to void Elons Pay.
Are we still surprised he jumped on the Trump Bandwagon … That's a quick summary, could have some points wrong, missed others but all occurred before jumping on the Trump bandwagon.
@UltimateAI: Wow, it is again nice to know who you worship. I hope your biases serve you well in life and your search for the truth.
@UltimateAI: I thought you might like some more info on your hero: https://youtu.be/4y40RU5Nx6U?si=E3nkuxutLSlhrvZ7
Keep in mind, this information is all sourced and verifiable.
@UltimateAI: So for some reason I just felt the need to fact check each of those points and they are all categorically and objectively untrue. Except the first one, but even the framing there is insincere. Elon wasn't "refused" he was just not invited as it was an event hosted by the autoworkers union and Elon is one of the most union-unfriendly people on the planet (which actually goes well with his super-villian persona).
I at least thought the russia investigation one might be true, but even that is absolutely wrong. The closest I can find to anything remotely similar to this that Biden might have said is “I think that Elon Musk’s cooperation and/or technical relationships with other countries is worthy of being looked at,” Biden said. “Whether he is doing anything inappropriate, I’m not suggesting that. I’m suggesting they’re worth being looked at.” which is the most sensible and mild statement he could have possibly made seeing as SpaceX has so many Government contracts (point 6 is absolutely ridiculous by the way, on that note).
@carlscott1982: SpaceX's government contracts are not a charity but a necessity. They have paid Boeing more than twice of what they have paid SpaceX and they have been able to took astronauts to the ISS a grand total of 1 time but werent able to bring them back so technically not even 1. SpaceX had to step in and do that for Nasa.
https://arstechnica.com/science/2022/09/nasa-will-pay-boeing…
SpaceX were fined for spilling water but it was not millions - was in hundred of thousands of dollars.
https://spacenews.com/faa-fines-spacex-for-launch-license-vi…
US govt spent 42bn on rural broadband and they have been able to connect exactly zero households. FCC cancelled contract with starlink to provide rural broadband via starlink after awarding the contract initially.
https://www.washingtonpolicy.org/publications/detail/the-42-…
The US government itself is probing FCC's decision to revoke Starlink contract after awarding it in first place
https://oversight.house.gov/release/comer-probes-fcc-decisio….
Californian regulators literally said on TV that they would disallow SpaceX launches because of Musk.
https://www.latimes.com/california/story/2024-10-21/calif-go…
Biden might not have said specifically about the Russia links but the left talking are the same across the board no matter who said it. They tried to affect the election by coming up with these ridiculous accusations that he is in contact with Putin since 2022. US's first amendment prevents these liers from being sued out of existence but then people can now see as well. Legacy media will die its own death
https://www.wsj.com/world/russia/musk-putin-secret-conversat…
Biden/Kamala administration still havent uttered a single word of appreciation about one of the biggest technological achievements of this decade when SpaceX caught its latest 23 story rocket. Ask them about gender surgeries for illegal migrants and they would jump for joy.
I can go on and on but ignorance is a bliss. I dont want to break your bubble. This is enough
@dealsucker: Come on man. I don't know why I clicked the links, but the only one that has anything to do with anything you wrote above it is the broadband one. Starlink didn't have their contract cancelled, they failed stage 2 of the application which was the demonstration of speed and capacity, which they failed. Which isn't to say the broadband plan proposed and agreed to by Biden isn't terrible too.
The water one is close, but note all fines have been proposed. The water one is $140K and is also proposed.
The other links have nothing to do with what you have said.
I am being generous and conceding points where you have said something truthful. It would be nice if you did the same. You need to calm down. It is unhealthy to worship any one particular individual, especially one as fallible as this. Try to be objective in everything you do.
@carlscott1982: Failed when there is no broadband at all and SpaceX specifically said they will be building up the starlink constellation which will only bring the speed up.
All fines are proposed fines until paid. So what? SpaceX has been notified and they have to pay unless courts step in.
And stop patronising. You arent as clever as you think you are. Infact I am not even going to waste any more of my time
@dealsucker: The completion date is 2026. Having no broadband at all is not currently a fail, though it is slow.
Not "so what" I'm afraid. The word 'proposed' actually makes your statement an untruth. Most of the proposed fines listed in your link have since expired and not needed to be paid. Remember, and think carefully about this, when we get a speeding ticket, we do not have 30 days to reverse our actions and have the fine rescinded. They are being quite generous in giving a period of rectifying the breach. They do not have to pay at all. The courts have been invoked by Elon because he doesn't want to change his actions to avoid future fines. Please try to understand your points more thoroughly before making them. You tend to invoke a lot of heated language like "radical left" etc, but I don't think any of the points made by anyone in this forum have been all that radical or left. Sensibly pointing out that certain things been said are demonstrably incorrect is not a function of either ideology or the left. Simply it is a function of knowledge of this particular field.
@ForkSnorter: Another obtuse rant which has no basis in reality. Their automobile margins are one of the highest in the industry short of Porsche or Ferrari and certainly the highest for a full EV manufacturer. Clean air credits are an add on.
He cozied up to trump precisely because of low iq numpties like you. Imagine if people like you were running the country which get confused between A and B. He saved USA from the rabid radical left so that actual left to center can do some actual work.
@ForkSnorter: User name checks out. If you are not high, that was not an emergency loan - it was $465 million Advanced Technology Vehicles Manufacturing (ATVM) loan - Ford, Nissan and Fisker also got it. Ford’s was for $5.937 billion, Nissan’s was $1.448 billion, Tesla’s was $0.465 billion, Fisker’s was $0.529 billion - only Tesla repaid its loan in 2013 with interest, Nissan paid their's in 2017, Ford has not paid back and Fisker went bankrupt.
Please let us know how many billion dollar of government loans were there and how were they preferential? Preferential would mean there were other players which did not get loans and Tesla was unfairly advantaged? Dont run away wuss follow it through.
And then how did it happen that at the government EV summit Tesla was not invited and POTUS got on the stage and thanked GM for kick starting the EV revolution in America when they sold a grand total of 26 EV's? Now that preferential treatment.
Guys are you are so blinded by their ideology and their ideological hate that they can think for themselves and parrot whatever the mainstream media wants you to. Gullible idiots.
@dealsucker: Tesla has received approximately 3bn in government subsidies. SpaceX approx 15bn. This is a matter of record and can be seen on The US Gov funding page. As noted above, I did advise that the first point was true and Elon was not invited to the EV summit. As we know, Biden just loves GM, he always has. Please note the point about the Auto-union too, which explains the snub (but doesn't excuse it). Not sure what the bit about GM making 26 EVs means. I'm going to assume that was sarcasm.
Please try to calm down and make points in good faith.
@carlscott1982: I literally broke open your so called fack checks and you are asking me to argue in good faith when you dont even know what is the difference between a government contract and a subsidy?
Please let us know how you came up with 3bn number? One of the most prominent subsidies Tesla has ever gotten was a $465 million Advanced Technology Vehicles Manufacturing (ATVM) loan - Ford, Nissan and Fisker also got it. Ford’s was for $5.937 billion, Nissan’s was $1.448 billion, Tesla’s was $0.465 billion, Fisker’s was $0.529 billion - only Tesla repaid its loan in 2013 with interest, Nissan paid their's in 2017, Ford has not paid back and Fisker went bankrupt. The state and local incentives have been for setting up large factories which is very common across the board in US as a whole as this is the way states court investments.
SpaceX has not gotten any subsidies what so ever - they are all government contracts for doing actual work and not because they love SpaceX but the fact that they dont have a choice. They did pay Boeing more than twice of what they paid SpaceX only for them to fail.
@dealsucker: Easy: https://subsidytracker.goodjobsfirst.org/parent/tesla-inc
Note that we aren't talking about their loan. The bulk of the subsidies happened after 2013
It might be worth looking carefully at where you source your information. By rely on faulty sources, you can come away with a false narrative of an individual or organisation. Read widely and don't pay too much attention to sources that use inflammatory words or language as that is the first sign that they are running propaganda.
Good point on the difference between subsidies and contracts. 15bn in contracts for SpaceX. Point conceded.
@carlscott1982: I previously mentioned that U.S. states often provide subsidies to encourage companies to open factories, a common practice across the country. States actively seek to attract businesses by offering incentives, as these new factories can boost their local economies. In your own link, they are all states where Tesla factories are and they are not cash handouts, they are in the form of tax incentives. You might want to concede this one as well.
@dealsucker: No, I understand that. You just literally described what US subsidies are. Why does that change anything? My point was that Tesla received 3bn is subsidies, which answered your direct question above it. I don't know how what you said changes that at all.
As I said, good faith please.
Racist pig! So 51% of Americans are racist? Or because they did not agree with your choice of politician that they are racist? Who are you to even call anyone racist?
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.
I thought tesla bought its batteries from Panasonic and BYD?
Or designing and building a cheap EV to compete with the Chinese, instead they keep themselves in a more (supposedly / allegedly) premium bracket.
This is why I've always thought that Tesla shares are incredibly overpriced. It's not like they have a 50 year patent on anything essential to making an EV.
Mind you, a whole lot of experts have lost fortunes over the years saying the same thing and shorting Tesla. In the long run we will be proven right but in the long run we'll be dead.
Tesla like google, apple, facebook, uber, netflix and other stonks are based so highly on hype
And yet Tesla still get better range through better battery management. Lucid have better tech but it’s not at viable price point.
and they are?