Tesla’s second-quarter deliveries may face difficulties again

According to foreign media reports, Tesla is expected to experience a difficult quarter again as expectations for Tesla’s electric vehicle deliveries decline.

Last quarter, Tesla experienced delivery difficulties, delivering only 386,810 vehicles, a month-on-month decrease of 20% and a year-on-year decrease of 8.5%. Given Tesla’s pivotal position in the electric vehicle industry, the company’s decline in sales has also dragged down overall electric vehicle sales, especially in the U.S. market.

In the first quarter, Tesla encountered some practical problems that affected production.

For example, Tesla carried out production line renovations and upgrades at the Fremont factory to increase production of the new Model 3.

in addition, the Berlin Super Factory also stopped production due to supply chain problems.

Model 3.

Image source: Tesla, however, a difference of 46,000 vehicles between production and delivery last quarter suggests Tesla’s demand is problematic.

Currently, as the second quarter draws to a close, the market is increasingly concerned about Tesla’s results to report next week.

, Wall Street’s consensus forecast for Tesla’s second-quarter deliveries was 450,000 units, down from 466,000 units in the same period last year.

More seriously, as analysts continue to adjust their expectations, recent expectations have been lower than the original forecast of 450,000 vehicles, which indicates that Tesla’s delivery expectations may be further lowered this week.

The European market appears to be a major issue Tesla faces this year.

According to registration tracker data, Tesla’s deliveries have dropped by more than 60,000 vehicles this year compared to a record year in 2023.

Since most of the differences occurred in the past few months, Tesla will have a difficult second quarter in the European market.

, In contrast, China remains one of Tesla’s most important markets.

Last month, Tesla’s sales in China were improving due to new incentives introduced by the government, such as lowering interest rates.

The situation in the U.S. market is relatively opaque.

Tesla has also implemented incentives in the United States, and more recently, the Model 3 Long Range version recently received a federal tax credit, which may help close the gap between expected deliveries and actual sales.

, Return to the first electric network home page>,.

Link to this article: https://evcnd.com/teslas-second-quarter-deliveries-may-face-difficulties-again/

Like (0)
evchinaevchina
Previous June 25, 2024 6:09 am
Next June 25, 2024 6:10 am

Related Suggestion