Tesla Sales Plummet as Democrats Stop Buying the Electric Cars Due to Elon Musk

[Justice matters.]

X post's link:

Link to tweet

Couldn't happen to a more deserving idiot propagandist, although it's sad for the workers at his factories.

There are other and better EVs on the market now, Ford's Mustang Mach-E, F150 Lightning are pretty good alternatives.

[Initech]

1. Play stupid games, win stupid prizes!

Flirting with authoritarianism and fascist, tyrannical dictators is a stupid game. One that nether Trump or Musk will win.

[chicoescuela]

2. My wife and I had discussed buying a Tesla but have decided that we never will

all because of Leon Musk. I feel bad for his workforce.

[edhopper]

3. Tesla stock has a P/E of 65

Toyota, the world's biggest auto maker selling 10x what Tesla does has a P/E of 7.
And since his promises of self driving cars was more bullshit,,that tells me Tesla stock is over priced by 1000%

[ProfessorGAC]

79. At Least 700%

Their market cap is 7x assets. So to me, that's the starting point of the overvaluation.
It's presumably overvalued because of potential. But, the company is over 20 years old & the main market niches have been established. And, competition is increasing.
So, that suggest the potential is overstated as well.
It could be your 10x number, but it's at least 7.

[edhopper]

84. Sounds right

All depends on how far the Tesla brand falls. Beyond the increase competition, they have had no new models or redesigned models for years, no SUVs, the most popular car type, and a few more of Musk's empty promises could really sink them.

[Wednesdays]

4. Gee, that's a shame.

[Brother Buzz]

5. The pubs tell me the namby pamby Democrats buy all the electric cars

That nimrod, Musk, doesn’t know how to read a room

[Lunabell]

6. I'm sure he'll whine about "cancel culture."

[BaronChocula]

47. Exactly. Showing how stupid he is

It's the market, Elon! People don't like you, they don't buy your shit! it's capitalism at work!

[Dem4life1234]

78. He is stupid but also raised during apartheid

He's stupid and hateful

[Zambero]

56. It starts with self-serving attemps to cancel reality

As of late, it seems that Musk's mega-funded disinformation campaign has become his life goal.

[Demovictory9]

7. I used to think " great company" about Tesla or Space X..now i think "Musk"

Racist misogynistic righwing musk

[verargert]

37. muck

[verargert]

38. muck

[dalton99a]

8. Friends don't let friends give money to Elon Musk.

[former9thward]

9. Its false.

Tesla's sales in the third quarter of 2024 were 462,890 vehicles, a 6.4% increase from the same quarter in 2023. This was the first quarter of 2024 that Tesla saw a rise in quarterly deliveries. The increase was due to strong performance in China and financing deals offered to counter high interest rates.

https://cleantechnica.com/2024/10/02/tesla-sales-up-6-4-in-3rd-quarter-charts-graphs/

[Justice matters.]

16. That's worldwide. Democratic voters only live inside the USA, except...

those who work abroad (or live abroad).

[former9thward]

18. Yes, but the company only cares about the bottom line.

[Justice matters.]

24. Yes, but he's losing a lot of potential customers he would not

he would not have lost them if he did not go full-blown nuts about social media propaganda for the fascists, revealing himself to be one ugly liar and manipulator. He should have stayed out of meddling in politics.

[former9thward]

25. I agree.

If I owned a company I would never involve myself in politics.

[bearsfootball516]

76. Michael Jordan was asked back in the 90s why he never makes political statements.

He said “Because Republicans buy shoes too”

[kcr]

74. That may be

But your claim that the OP is false is false.

[former9thward]

95. Tesla's sales have not "plummeted".

Maybe you have a different definition of the word that myself.

[TwilightZone]

20. No, the data in the OP is just really old.

The WSJ article was published in April. The data was from October and November 2023.

The part that is false is that it's breaking news. It's obviously not. It's year-old data.

https://www.wsj.com/business/autos/elon-musk-turned-democrats-off-tesla-when-he-needed-them-most-176023af

Paywall bypass: https://www.removepaywall.com/search?url=https://www.wsj.com/business/autos/elon-musk-turned-democrats-off-tesla-when-he-needed-them-most-176023af

[SunSeeker]

61. No, it's not false. Tesla's 2024 sales are down year over year, unlike almost all other EV manufacturers.

Going back to the 1st quarter and 2nd quarter of 2024, Tesla’s year-over-year sales drops were 8.5% and 4.8%, respectively. As your CleanTechnica article goes on to point out, Tesla "will still need a strong 4th quarter in order to log sales growth in 2024." So no, the OP headline is not "false," former9thward. Tesla's sales in 2024 are down. The overall Tesla sales picture that your own CleanTechnica article describes shows Tesla sales look like they are trending down, not up.



And you can't blame it on a marketwide EV sales slowdown. The so called EV sales slowdown is mostly a Tesla sales slowdown, according to sales data. Tesla may be in trouble, but other EVs are selling just fine. Almost every other automaker is seeing double-digit EV sales growth. https://arstechnica.com/cars/2024/06/ev-sales-slowdown-is-mostly-a-tesla-problem-according-to-sales-data/

[Demovictory9]

10. Southern california is Tesla, cybertruck country

I wondered how his politics would impact sales

[womanofthehills]

58. Tesla Cybertruck Sales Surge In Q3 As Used Price Crashes

“The Tesla Cybertruck was the third bestselling EV in the U.S. in the third quarter, defying conventional wisdom. Used prices, meanwhile, are falling as more new Cybertrucks flood the market.

Despite a lavish price tag starting at about $100,000, the Tesla pickup outsold every EV in the U.S. in the third quarter except for the Model Y and Model 3, according to Cox Automotive, which owns Kelley Blue Book.”

https://www.forbes.com/sites/brookecrothers/2024/10/15/tesla-cybertruck-sales-surge-in-q3-as-used-price-crashes/

[BannonsLiver]

11. There's always one fanboy who just can't quit this guy and his shitty cars.

🙄😂

[dalton99a]

12. +1

[ramedy]

15. Do you own a Tesla?

I’m curious to know how you determine that it’s a “shitty” car?

[BannonsLiver]

19. LMAO

Case. Closed.

[ramedy]

23. So...

Basically you don’t actually have any real knowledge? You just hate Musk?

I was hoping that you could educate me. Guess not.

[BannonsLiver]

26. Jesus. calm down.

Nobody cares about your silly Tesla.🙄

[ramedy]

30. OK.

I thought it a reasonable question.

Have a nice evening.

[Abolishinist]

48. Forget it, Jake. It's DUtown.

[Disaffected]

59. I'd also like to know that. nt

The case isn't closed at all (IMO).

[BannonsLiver]

89. lol

Nobody cares about your Tesla, bro. Calm down. 🙄

[Disaffected]

90. "Calm down"

Foolish laughing person says......

[StocktonNative]

32. Like Apple, any and all service or maintenance can only be done by them

..also the repair costs are extremely higher than most other vehicles.

The Mini Cooper has a better interior design that most Teslas.

[Jmb 4 Harris-Walz]

34. Thought that was one of its best selling features... electric cars don't need much maintenance.

Perhaps now that the vehicles prices have come down, they are making maintenance more expensive.

[ramedy]

36. There really isn't any service.

Except maybe for tires. And very little maintenance. I think there are less than 10 moving parts.

It’s completely different than an ICE automobile in many aspects.

[Bobstandard]

83. There is no spare tire!

When you get a flat Tesla has to change the tire. Seriously. You're stranded when you get a flat. Usually you have to wait until a flatbed tow truck comes to haul you to somewhere safe. Then you wait for a Tesla tech to show up with a tire and the proper tools to change it.

[hunter]

39. I hate Apple too.

My cars and my computers are salvage.

I don't want to encourage certain industries with my dollars.

The only "new" computer I've bought this last decade was a Raspberry Pi 4.

The last and only time I'll ever buy a new car was when I was young and foolish, back in the 'eighties.

[Zorro]

45. Anyone who's driven or owned a Tesla knows it's not a "shitty" car

Those who say such things either don't own one or can't afford one.

[RidinWithHarris]

62. For me it's Elon's politics that's destroyed any desire to own a Tesla

I definitely wanted one before Musk made it so public what an asshole he is.

As for the Cybertruck, from what I've heard it's fair to call that particular monstrosity a shitty car.

[standingtall]

73. And don't own one and can't afford one either

but youtube is full of of Telsa Cyber truck owners talking about how shitty they are? Maybe their just making it up for views. I believe if you buy a brand new car and don't have any problems for 5 years that doesn't mean it's a good car it's just means it's new. Tesla's have only been around sense 2011. Let's see how many Tesla's are still on the road 20,30 and even 40 years from now like ice Toyota's,Honda's,Fords,Chevy's etc. That would be my expectation if I shilled out 100 grand on a car if I could afford it.

[The Revolution]

51. Consumer Reports

List of most reliable car brands ranks Tesla as #14 (out of 30 total), with a score of 48/100, so pretty mid range.

I mean they aren't Chrysler at least, but a there are plenty of higher quality cars out there.

[Aristus]

13. That's welcome to free markets the hard way.

Another ‘genius businessman’ who ain’t…

[TwilightZone]

14. This isn't new. The WSJ article was in April.

The data was from October and November 2023.

https://www.wsj.com/business/autos/elon-musk-turned-democrats-off-tesla-when-he-needed-them-most-176023af

Paywall bypass: https://www.removepaywall.com/search?url=https://www.wsj.com/business/autos/elon-musk-turned-democrats-off-tesla-when-he-needed-them-most-176023af

Not sure why that channel is claiming that it's breaking news. It's not. It's year-old data from a six-month-old report.

[Justice matters.]

42. I was also not sure about their "breaking" so I didn't paste it in.

This is a "developing" story though. Leon Loses a lot of potential customers who lean Democratic (inside the US of A) every hour and there are a lot of new (and better) EVs on the market today (and in the coming years).

I get he sells a lot abroad but that will change overtime as competitors will take bites at his market shares.

[BlueCheeseAgain]

94. I'm always skeptical when the only apparent source is an unsourced tweet.

I went looking for the original source and found the same one you did.

Honestly, we could stand to improve how and when we accept information. If the NYT says something we don't like, we call it a right-wing rag that's manufacturing a horse race with rigged polls. If some random Twitter account posts something we like, we accept it without question even if there's no source behind it.

[phylny]

17. For years, it was our eldest daughter's dream

to buy a Tesla. She saved for several years.

She owns an electric Audi. All due to Musk.

[Liberal In Texas]

21. I wish he would sell the company. But since he won't

there are lots of EVs now compared to just 5 or 6 years ago. Many of them are cheaper than a Tesla and have lots of bells and whistles.

As mentioned, the MachE is a really cool car.

[MotownPgh]

46. Teslas are starting to look dated too

Really alot of cars look like a tesla. Reminds me of my corolla now

[VMA131Marine]

27. Musk has learned nothing from the pillow guy.

There are now lots of electric cars to choose from too.

[underpants]

28. Not around here

I have 10 or so I see regularly

[kimbutgar]

29. Recently I encountered people who were giddy they sold their Teslas

And 2 were adamant they would never buy a Tesla !

[MichMan]

31. Tesla outsold Ford 19:1 in EV sales in the first half of 2024

19 Tesla sales for every 1 Ford EV.

Ford sold roughly 44,000 vehicles in the first half of 2024. That's a 72% gain over the prior year's first half, which was enough to make it the second-largest EV seller in the U.S. market. It still massively trailed Tesla's top spot, with 831,000 deliveries during that time.

https://finance.yahoo.com/news/fords-small-ev-move-could-151400579.html

[Justice matters.]

33. From the link:

According to a 2024 survey, Ford found that 89% of shoppers are more likely to purchase if they have home charging. An even steeper 92% of owners find that charging at home is as easy as charging mobile phones.

Good to know for Democratric voters who plan to make the switch away from the loon's foolishness...

[roscoeroscoe]

35. I saw a Tesla sedan with a bumper sticker that said

"Sorry, I bought mine back when we thought he was cool."

[Hamlette]

40. Musk is in on the con. He and Trump have a plan for funneling tax money to Musk. He doesn't care about his companies.

[Renew Deal]

41. Now Democrats just need to end the government contracts

[Trust_Reality]

50. Absolutely

I cannot believe this country has become to entangles with that one guy. Maybe someone should look for bribes.

[Joinfortmill]

43. Musk is very CREEPY.

[NoMoreRepugs]

44. Love my Lyriq.

[usonian]

49. Quite simply:

• People prefer hybrids in a lot of cases. I know a fellow DU'er who did just that.

• You cannot PAY me to own or even use a car that is remotely controllable by ANYONE, let alone a nazi.

Tesla spelled sideways is STEAL
STOP THE STEAL.

[aggiesal]

52. Elon stopped taking his Irony Deficient tablets. n/t

[keithbvadu2]

53. Republicans can take up the slack. Donald now recommends EV.

[NNadir]

92. The belief that electric cars are "green" is rather like the belief...

...that hydrogen is "green."

It would help us greatly if we managed to teach, at least in a simplified form, the laws of thermodynamics in high school.

[jfz9580m]

93. Agreed on both counts.nt

[OMGWTF]

55. I am a lifelong Dem who purposely bought a preowned Tesla Model 3 so Eloon didn't get any of my money.

I hate Eloon and you can hate me if you want, but I fking love this car.

[spooky3]

57. Per this site, US sales per month in 2024 are lower than those in 2023.

https://www.goodcarbadcar.net/tesla-us-sales-figures/

[Aussie105]

60. A permanently tarnished image.

Couple of years back, Tesla cars were seen as progressive, unique and a hope for the future in terms of renewable and cheaper motive energy.

I imagine a lot of people wanted one, and still do, but are holding off because their current gas powered car is really too good to dump, so yeah I'd say they are thinking . . . some time in the future.

Then Elon started playing silly bugger political games and certain Asian makers said . . . hold my beer, and see what we can do!

Two things that put me off, beyond the above - little motivation locally to put EV chargers in convenient spots - any spots really - and the few Teslas I have seen just look low budget and unfinished. (No idea what models I've seen though.)

[SunSeeker]

63. Yup. But other EVs are selling just fine.

https://arstechnica.com/cars/2024/06/ev-sales-slowdown-is-mostly-a-tesla-problem-according-to-sales-data/

[Cha]

64. WTG.. Protest with your $$$$ Dems!

[SunSeeker]

65. We are, Cha!

https://arstechnica.com/cars/2024/06/ev-sales-slowdown-is-mostly-a-tesla-problem-according-to-sales-data/

[Cha]

67. Feast for my Eyes,,, May it Keep Going Lower and Lower

Mahalo, SunSeeker! 💙

[Tikki]

66. We own an EV...Not a Tesla.

Ioniq 5 Lots and lots of room inside and great range miles.
We are retired and not many long trips.
Works for us.
The Tikkis

[get the red out]

81. Nice looking vehicle

Which definitely means it's not a Tesla!

[edhopper]

85. I had a ride in one at an Autoshow

nice ride and very roomy. Tesla does not have a true SUV model, which most buyers want.

[Blue Owl]

68. Fuck anything that puts money in that freak's pocket

Including “Twitter”

[Voltaire2]

69. Posting this from Musk's Xhitter. Lol.

[ZonkerHarris]

70. I'm starting to see a number of Rivians on the road around me. Good looking cars as they pass me.

[standingtall]

71. Never owned an ev and probably never will especially not a Telsa

Musk is such an asshole he's got me rooting for Toyota to have success with their hydrogen combustion engines and I believe if they
are EV's will go away within 10 to 20 years.

[SoFlaBro]

72. I'll fucking buy a gas guzzler with TWO fucking gas-chugging engines before I would consider buying that fuck ass shit.

[MistakenLamb]

75. Well that and other companies are releasing better EV options

[Dem4life1234]

77. His big mistake was being political and supporting that orange thug

Does he not know the thug destroys anything he touches? Look what he did to Ghouliani!

[doc03]

80. Besides Musk being an asshole look at Consumer Reports reliability ratings

for Tesla.

[dalton99a]

82. +1. It is an overpriced piece of crap

There are better options

[Unwind Your Mind]

86. I drove north from San Jose through SF to Sonoma County yesterday

I saw one of those cyber trucks, that thing is so ugly and rudely crossed two lanes to turn off right at 19th Avenue

We also saw two Tesla sedans in interesting colors, one a metallic orange/bronze, the other a medium matte green.

I think they’re less prevalent around here than in the past, but still pretty common

[Kid Berwyn]

87. Fascist to the Core Motors

Nikola Tesla, a good man, deserves better -- as does the United States of America.

[oregonjen]

88. Jason Bateman on his podcast Smartless said that he got rid of his Tesla

He felt like he was driving around a Trump sticker. I imagine he isn’t the only one feeling that way.

[dalton99a]

91. +1