Quote:
Originally Posted by kypez
Don't forget almost every brand is down with the current economic state of play.
For Tesla though, they're retooling and ramping their new model Y that is significantly better than the old one. The real test is once production is ramped for them in all markets.
This is the issue when you have only 2 models in your lineup (S and X aren't sold in any meaningful numbers given their price point) and your biggest seller, the Y, is about to get refreshed.
Once you appreciate how big an improvement the Y is, you'll understand why people are waiting and sales tanking.
For all the showboating, he only owns 13% of Tesla. He is a very small part of the equation.
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Only owns 13%, was the cyber truck his idea? He seems weird enough for it to be, as if it is one of his pet projects.
A smaller, lighter pick up with normal styling and design themes from current models could have made it a sales success.
Seems like a missed opportunity and the Chinese are capitalising on it, on the global market anyway.