“Telsa profit in the second quarter plunged more than 40% from a year ago,
The April through June period was the second straight quarter of year-over-year sales declines for the company, its first-ever consecutive quarters of declining sales volume. The only previous quarter with a sales decline since Tesla went public came early in the pandemic, when stay-at-home orders forced its factories to close.
Tesla faces federal investigations into some of Musk’s claims about Full Self Driving capabilities. The company has also faced a Department of Justice inquiry in the past, although it’s unclear what the current status is of that investigation.
Musk is a strong Trump supporter, both endorsing him and reportedly pledging tens of millions of dollars toward the
former president’s re-election efforts.
Trump vowed similar tariffs on Mexican-built cars in 2019, when he was president,
but never followed through.”
The company calls its driver assist feature “Full Self Driving,” but that still requires drivers to be ready to take control of the car. Tesla still faces regulatory and technical hurdles before it can offer robotoxis without drivers, the company said in its earning statement.”
Nah, all car sales are down, Tesla is no magical exception. The average age of all cars in america is the highest it’s ever been, people are simply not in a position to buy and be subject to interest rates the fed keeps hinting at dropping soon. Why pay more today when you can pay less tomorrow. Sorry, but this isn’t a magical, blame every single thing you feel like on Tesla specifically. Be butthurt all you want about Elon, but let’s not make up nonsense here.
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“Telsa profit in the second quarter plunged more than 40% from a year ago,
The April through June period was the second straight quarter of year-over-year sales declines for the company, its first-ever consecutive quarters of declining sales volume. The only previous quarter with a sales decline since Tesla went public came early in the pandemic, when stay-at-home orders forced its factories to close.
Tesla faces federal investigations into some of Musk’s claims about Full Self Driving capabilities. The company has also faced a Department of Justice inquiry in the past, although it’s unclear what the current status is of that investigation.
Musk is a strong Trump supporter, both endorsing him and reportedly pledging tens of millions of dollars toward the
former president’s re-election efforts.
Trump vowed similar tariffs on Mexican-built cars in 2019, when he was president,
but never followed through.”
The company calls its driver assist feature “Full Self Driving,” but that still requires drivers to be ready to take control of the car. Tesla still faces regulatory and technical hurdles before it can offer robotoxis without drivers, the company said in its earning statement.”
Nah, all car sales are down, Tesla is no magical exception. The average age of all cars in america is the highest it’s ever been, people are simply not in a position to buy and be subject to interest rates the fed keeps hinting at dropping soon. Why pay more today when you can pay less tomorrow. Sorry, but this isn’t a magical, blame every single thing you feel like on Tesla specifically. Be butthurt all you want about Elon, but let’s not make up nonsense here.
Here’s some proof for you
https://www.nbcnews.com/news/amp/rcna153524
Tesla sales will once again be the highest ever when these purported interest rate drops happen.