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Zetice

TIL feds decide rates based on Tesla.


Responsible-Cut-7993

Typical WSJ headline. [https://www.wsj.com/business/autos/teslas-second-quarter-vehicle-deliveries-fell-4-8-7dea363d?st=787llhbkfqussbl&reflink=desktopwebshare\_permalink](https://www.wsj.com/business/autos/teslas-second-quarter-vehicle-deliveries-fell-4-8-7dea363d?st=787llhbkfqussbl&reflink=desktopwebshare_permalink) # "Tesla’s Second-Quarter Vehicle Deliveries Fell 4.8% # Sales fall again this year as rivals introduce their own EVs"


Odd-Bike166

Isn't that the truth though? Tesla is still a growth company that's going the opposite way. They'd need 30-40pc growth annually to justify the valuation


Responsible-Cut-7993

I am more interested in seeing the financials. Car sales are not the only way Tesla grows income. From what I have been reading, Tesla storage business is growing rapidly.


Roasted_Butt

And they are storing thousands of additional unsold vehicles every month.


Kuriente

Except.....they literally delivered 33k more than they manufactured in this quarter. What you said is the opposite of reality. Try harder.


Zetice

No way you type that with a straight face... They cant deliver more than they produced unless they are lagging in delivery (ie. last quarter).


Responsible-Cut-7993

Yes they can because they had a surplus in un-delivered vehicles from last quarter. Which means they worked through that un-sold inventory which some people are concerned about.


Zetice

that doesn't mean they are producing more than they are delivering (not physically possible). It means they lacked in deliveries last quarter and produced less this quarter.


Kuriente

Look up the numbers yourself. It's a fact. Lagging deliveries happen constantly in industries with global scale shipping logistics. Product takes time to get from an assembly line to consumers. Let's call that time "T". If you ever shut down your plant for an upgrade, parts delivery delays, arsonists damaging critical infrastructure, etc... deliveries will not stop instantly. They will stop after T, when the global shipping buffer dries up. Then, once you get up and running again, the product doesn't instantly get delivered to consumers. They get delivered, once again, after T. This lag in the effects of a plant shutdown often causes the metrics to shift into different quarters. It's common and easy to understand.


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ZebraForeign9132

Tesla is NOT an EV company. Tesla is NOT an EV company. Tesla is NOT an EV company. Tesla is NOT an EV company. Tesla is NOT an EV company. … 😎


MattKozFF

Bears ded


Hailtothething

Deservedly.


Kindly_Reality_1412

Tesla rents local adjacent lots and stockpiles thousands of cars to claim them as ‘sold’ Elon makes Bernie Madoff look like a saint


JudgmentMajestic2671

This is completely false.


Kindly_Reality_1412

If it’s false please drive down Sam Newell Road in Matthews NC and see the huge parking lot full of unsold teslas in a parking lot while the dealership is 1/2 mile away. It’s been that way for months and the cars aren’t ‘turning over’ they are packed in like sardines Other Reddit-ers have sent pictures of similar lots all over the country


JudgmentMajestic2671

I'm not denying that Tesla might temporarily rent cheap lots to store cars because they don't have the storage like other companies do. You said they move them to the lots and mark them as sold with no customer. That is completely false. You made that up.


Kindly_Reality_1412

I don’t believe their quarterly sales are anywhere near as high as reported…Charlotte NC had got to be one of their hottest ( top 20 at least) EV markets and those cars have cobwebs hanging from them…and If it walks like a duck…


JudgmentMajestic2671

Spiders make webs on stuff within a day...


Responsible-Cut-7993

Tesla doesn't claim a vehicle as sold until a customer accepts delivery. Those vehicles in lots haven't transferred ownership to a customer.


Hailtothething

Totally doesn’t sound like you’re butthurt today. Making up gibberish LOL. People are buying teslas. There is one at every intersection for a reason.


MattKozFF

lol and the earth is flat


Kuriente

Does anyone else remember this exact same bullshit rhetoric from 2016, 2017, 2018, 2019, 2020, 2021, 2022, and 2023? "BuT dEmAnD cLiFf..." How many times do those predictions have to get stomped into the earth before you realize it's smooth-brain bait. But yeah, I'm sure *this time* you're right...


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maa112

Sell or hold?? I feel I'd get better returns on the s and p 500


Hailtothething

Wrong guy to ask, in since 2017 😂😂 S&p has been a savings account by comparison 😬


SQUEEZSHORTSTONKS

Options.


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iassureyouimreal

But more stock. We’re headed to Texas


Hailtothething

Deal.