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mesa@piefed.social to Technology@lemmy.worldEnglish · 7 months ago

Tesla Is Sitting on a Record 50k Unsold EVs

insideevs.com

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Tesla Is Sitting on a Record 50k Unsold EVs

insideevs.com

mesa@piefed.social to Technology@lemmy.worldEnglish · 7 months ago
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Tesla Is Sitting On A Record 50,000 Unsold EVs
insideevs.com
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The American EV brand’s sales rebounded in the first quarter, but a new problem is making its presence felt.
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  • Greyghoster@aussie.zone
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    7 months ago

    And then Trump closes the Straight of Hormuz and ev sales increase. The question is whether Tesla gets a boost.

    • Willdrick@lemmy.world
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      7 months ago

      Luckily there are a lot of nice EVs from better brands!

  • Eximius@lemmy.world
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    7 months ago

    Isn’t that like 50k x 20k$ (rough costs estimate) = 1B$ of slowly realizing losses?

    • ThomasWilliams@lemmy.world
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      7 months ago

      Its not very much, Chrysler had over a million vehicles in stock 18 months ago.

      • Corkyskog@sh.itjust.works
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        7 months ago

        Noe I am curious how much quicker batteries degrade being idle than ICE engines.

    • NotMyOldRedditName@lemmy.world
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      7 months ago

      Most car dealers have months of inventory, Tesla typically has a couple weeks or less. In the grand scheme of things compared to other automakers this is actually tiny, and they are usually on the bottom of the list of OEM inventory.

      For Tesla though, this is higher than usual, and unless most of them are in transit to customers, indicative of an issue.

      Edit: Just for reference.

      Q4 2024 - 12 days

      Q1 2025 - 22 days

      Q2 2025 - 24 days

      Q3 2025 - 10 days

      Q4-2025 -15 days

  • Formfiller@lemmy.world
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    7 months ago

    Hold the line

  • SabinStargem@lemmy.today
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    7 months ago

    I am hoping these end up as ICE vehicles. 🔒 🔥

    • gravitas_deficiency@sh.itjust.works
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      7 months ago

      I think that’s external combustion, but I get your point

  • Jaybird@lemmy.worlddeleted by creator
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    6 months ago

    deleted by creator

  • PabloSexcrowbar@piefed.social
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    7 months ago

    I figured something was up when I got a call out of the blue from the Tesla dealership asking if I wanted to upgrade my 2019 to a newer model. Joke’s on them, though. I’m unemployed.

  • RememberTheApollo_@lemmy.world
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    7 months ago

    Destroys them all because unprofitable to sell, whines about major loss, demands government bailout.

  • Itdidnttrickledown@lemmy.world
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    7 months ago

    Thats after they got spacex to buy a large number of them.

  • hydroxycotton@lemmy.dbzer0.com
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    7 months ago

    Anecdote:

    I was recently browsing an auto listing app for a used EV as I’m thinking about switching to an EV from my ICE hatchback, and the market near me is absolutely flooded with Teslas, primary model 3s. And it’s not just “old” ones either. Tons of 2020-2024 models as well.

    • 14th_cylon@lemmy.zip
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      7 months ago

      there are people in the world who buy new car because their 2 year old one is already too old.

      • jj4211@lemmy.world
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        7 months ago

        Fun fact, while shopping for a car in 2022, we looked at a used 2021 bmw x5. I wondered what they replaced it with and the salesman said “oh, he traded it in for a 2022 x5 of the exact same trim”. They know him well because every year he comes in and trades in to make sure he is never driving “last year’s model”.

        Particularly stupid because that was the year of shortages where they actually made the new model worse by removing features they couldn’t get supply for, other than removing features, the new car was unchanged from prior year.

      • NotMyOldRedditName@lemmy.world
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        7 months ago

        I cant imagine having a perpetual car payment like that. I paid mine off years ago and its great.

    • SystemDisc@piefed.world
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      7 months ago

      Model 3s are some of the best vehicles ever made - extremely safe and powerful with great handling. Also, extremely low cost long term. Buying used is totally fine. Also there’s literally nothing we can do as consumers to affect Elon. Just treat the company as separate from him.

      • SaveTheTuaHawk@lemmy.ca
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        7 months ago

        Model 3s are some of the best vehicles ever made

        https://www.motor1.com/news/781164/tesla-used-car-reliability-rankings/

        • extremely safe and powerful with great handling.

        https://www.forbes.com/sites/stevebanker/2025/02/11/tesla-again-has-the-highest-accident-rate-of-any-auto-brand/

        🤡

        • SystemDisc@piefed.world
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          7 months ago

          The reality is they can last upwards of 500k miles with minimal maintenance, have excellent power and handling, and are extremely safe in accidents regardless of how many idiot Tesla drivers are crashing their Tesla

          There are many high-mileage examples, and Tesla’s battery/drive-unit warranty is long for the segment

          https://www.iihs.org/ratings/vehicle/tesla/model-3-4-door-sedan/2025

          https://www.iihs.org/ratings/top-safety-picks/2025/all/tesla

          https://www.tesla.com/model3

          https://www.tesla.com/support/vehicle-warranty

          https://www.tesla.com/ownersmanual/model3/en_us/GUID-E95DAAD9-646E-4249-9930-B109ED7B1D91.html

          https://www.tesla.com/support/ordering-pre-owned-tesla

          https://fueleconomy.gov/feg/PowerSearch.do?action=noform&baseModel=Model+3&make=Tesla&pageno=1&path=1&rowLimit=50&srchtyp=ymm&year1=2022&year2=2024

          https://www.caranddriver.com/tesla/model-3

          https://www.motortrend.com/reviews/2024-tesla-model-3-highland-first-drive-review

          https://www.motortrend.com/reviews/2024-tesla-model-3-highland-standard-range-first-test-review

          Model 3s are among the safer cars in their class, with strong IIHS results and Tesla’s low-center-of-gravity EV platform design.

          They are objectively quick, with official 0-60 times ranging from 5.8s down to 2.9s depending on trim.

          Routine maintenance is relatively light, and EPA data shows very low annual energy cost compared with many gas cars.

          Buying used can be reasonable, especially when battery/warranty status is verified, and Tesla’s own pre-owned vehicles are inspected and sold with warranty coverage.

        • SystemDisc@piefed.world
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          7 months ago

          There are a lot of really shitty people who have done very good things for science, technology, and humanity throughout history. Elon Musk is inarguably a really shitty person, but he has also been at the center of multiple efforts that materially accelerated technology and improved human capability.

          Tesla was one of the biggest forces in dragging EVs out of the fringe and into the mainstream. The IEA projected around 17 million EV sales in 2024, more than one-fifth of all new cars sold worldwide, and the EPA notes that EVs typically have a smaller carbon footprint than gasoline cars even after accounting for battery manufacturing and charging electricity. (IEA)

          Battery technology and grid-level storage matter far beyond cars. The IEA notes that grid-scale battery storage has scaled rapidly in recent years and is expected to account for most storage growth worldwide, which is a major part of making grids more stable and better able to absorb renewable power. (IEA)

          On self-driving, the honest version is not “he solved autonomy,” because fully self-driving consumer cars are still not here. IIHS says Level 4 and 5 vehicles are not available to consumers for purchase, but Tesla has absolutely helped force driver-assistance and autonomy into the center of the industry and push deployment at huge real-world scale; Tesla says its supervised FSD system is trained on data from a fleet of over six million vehicles. (IIHS)

          Then there is space. SpaceX made rocket reusability real at operational scale, and NASA has explicitly described reusability as a path to driving launch costs down. Lower launch costs and higher launch cadence directly expand access to space for communications, Earth observation, scientific missions, and the long-term path toward becoming a genuinely spacefaring civilization. (NASA Technical Reports Server)

          Starlink also matters. The FCC authorized SpaceX’s broadband satellite system to provide broadband service, and that kind of global satellite internet has obvious real-world value for remote and underserved areas and for resilience when terrestrial infrastructure is unavailable. (Federal Communications Commission)

          So no, being a shitty person does not erase the fact that the companies he drove helped accelerate EV adoption, battery storage, launch reusability, satellite internet, and the broader push toward a more electrified, connected, and space-capable civilization. You can hate the man and still admit the net technological impact is very large.

          Sources:

          https://www.iea.org/reports/global-ev-outlook-2024/trends-in-electric-cars

          https://www.epa.gov/greenvehicles/electric-vehicle-myths

          https://www.iea.org/energy-system/electricity/grid-scale-storage

          https://www.iihs.org/research-areas/advanced-driver-assistance

          https://www.tesla.com/fsd

          https://ntrs.nasa.gov/api/citations/20160013370/downloads/20160013370.pdf

          https://nstxl.org/reducing-the-cost-of-space-travel-with-reusable-launch-vehicles/

          https://www.fcc.gov/document/fcc-authorizes-spacex-provide-broadband-satellite-services

          https://www.fcc.gov/document/fcc-approves-next-gen-satellite-constellation

    • black_flag@lemmy.dbzer0.com
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      7 months ago

      You couldn’t pay me to drive one.

    • boonhet@sopuli.xyz
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      7 months ago

      Used Teslas cost chump change in my country, especially older Model S which is the more luxurious model. Morally, I could justify buying a used one. I still hate the things though. And while I don’t care too much about my image, a nazi sympathiser is not something I want to look like.

      I’m considering a Jaguar I-Pace or MB EQC instead. But if I can get a REALLY good deal on a used Tesla, I might consider pulling the trigger just because 2 euros per liter of diesel makes me spend twice what my payment on the Tesla would be and I could charge it at home.

      Though I do love my current torsen-based Quattro so I’d ideally want an AWD car meaning the ones that fit the bill are about as much as the I-Pace. Which begs the question of which one is actually nicer to drive. Guess I’ll have to test drive them both.

  • melfie@lemmy.zip
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    7 months ago

    Reading Tesla workers shared images from car cameras, including “scenes of intimacy” was enough to put me off Tesla. The build quality being garbage and Musk also being a garbage human being make the company just a complete waste of space.

    • FatVegan@leminal.space
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      7 months ago

      It’s funny how that wasn’t really a problem until they found that bond underwater car in a garage recorded by a tesla and it belonged to nazi musk.

  • Devolution@lemmy.worldBanned
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    7 months ago

    Who wants to buy a vehicle that funds the fourth Reich?

    • modus@lemmy.world
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      7 months ago

      The portion of my family that voted for it.

      • FlexibleToast@lemmy.world
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        7 months ago

        The same portion that doesn’t want an EV at all.

        • modus@lemmy.world
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          7 months ago

          I think there was that brief period of interest when Trump turned the White House driveway into a car dealership ad for Elon. But yeah, you’re right. They’re all gas-fueled motorheads.

          • XeroxCool@lemmy.world
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            7 months ago

            This is what I see as well. The pro-musk US group hates EVs. The pro-EV US group hates Elon. Then there’s the other 60% of the country that doesn’t have a strong enough opinion to post about it online. I am surrounded by new Teslas despite being a in very blue city metro. It’s obvious because the 3/Y got a facelift during the height of the musk/trump romance

  • Cypress@lemmy.zip
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    7 months ago

    At this point i no longer care if they lower the price until they’re free. They will have to sell them as scrap at a loss. I will never, ever, ever buy a Tesla.

    • No1@aussie.zone
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      7 months ago

      At one point I was considering buying a Tesla. Then I didn’t like Musk, but felt I could justify buying a used Tesla, as it wasn’t giving him any money.

      Then Nazi salute and DOGE and lol, nope. I won’t even uber a Tesla.

      • phutatorius@lemmy.zip
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        7 months ago

        felt I could justify buying a used Tesla, as it wasn’t giving him any money

        He’ll still get money for the subscribable services scam and dealer service.

    • Steve@startrek.website
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      7 months ago

      I will drive a free tesla

      • rants_unnecessarily@piefed.social
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        7 months ago

        I wouldn’t even get in that unopenable-emergency-doors death trap.

      • neukenindekeuken@sh.itjust.works
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        7 months ago

        Right into the ocean

    • Thunderbird4@lemmy.world
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      7 months ago

      Oh, don’t worry. He can just buy them from himself using taxpayer money via subsidies from his other company like he did last year. If you’re an American taxpayer, you’ve already bought one.

    • ironhydroxide@sh.itjust.works
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      7 months ago

      I’d take a free Tesla. Pull the batteries and drive modules. Scrap the shell, sell the drive modules, use the batteries for home storage.

  • Assassassin@lemmy.dbzer0.com
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    7 months ago

    They’re already sitting on them, they should finish the job and shove them right up their asses.

  • 🇰 🌀 🇱 🇦 🇳 🇦 🇰 🇮 @pawb.social
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    7 months ago

    How did that happen? When I worked at the Fremont plant, we were only putting together vehicles that had already been sold. Did they swap from lean manufacturing to the normal, wasteful “just keep making shit perpetually” model? 🤔

    • SaveTheTuaHawk@lemmy.ca
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      7 months ago

      They are cashing in production tax incentives and cooking the books. GM did the same thing 2008 before it all collapsed.

      Elon was hoping everyone would just forget his antics.

      • monkeyslikebananas2@lemmy.world
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        7 months ago

        He’s trying to wrap it all under SpaceX and walk away with a bag when it goes public.

      • phutatorius@lemmy.zip
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        7 months ago

        GM did the same thing 2008 before it all collapsed.

        Along with financial chicanery, the only part of GM that was profitable was GMAC. Their shitty cars are loss-leaders for a predatory finance operation.

        • SaveTheTuaHawk@lemmy.ca
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          7 months ago

          Tesla in Canada has parking lots full of cars they registered to grab and incentive, then the CDN government told them to fuck off. Meanwhile, the cars just sit and rot. Tesla is trying to sue, but they don’t stand a chance.

          Tesla is already half what it was in 2024. it will be dead as a car company by end of 2027, about the time multiple internet satellites will have been launched to kill starlink.

  • BanMe@lemmy.world
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    7 months ago

    From what Elon says to shareholders, Tesla is going to pivot to becoming a humanoid robot production company anyway, the cars are just a sideline. They axed two models when they announced that.

    • No1@aussie.zone
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      7 months ago

      Tesla is a car company
      Tesla is a battery company
      Tesla is a robot company <---- you are here

      • suicidaleggroll@lemmy.world
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        7 months ago
        1. Tesla is a car company
        2. Tesla is a battery company
        3. Tesla is a robot company <---- you are here
        4. Tesla is a company

        One can hope at least

        • SaveTheTuaHawk@lemmy.ca
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          7 months ago

          Tesla is a robot company <---- you are here

          2028: Florida man’s penis burned off in Tesla sexbot.

      • Thunderbird4@lemmy.world
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        7 months ago

        Don’t forget when they were a roofing company, too.

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