Summary
Tesla faces a second consecutive year of sales decline after a 13% drop in Q1 2024 deliveries, the steepest in nearly three years.
CEO Elon Musk’s alignment with Donald Trump and far-right politics has damaged Tesla’s brand, triggering global protests and vandalism.
Analysts attribute the sales slide primarily to reputational harm, compounded by aging models and fierce competition from BYD and others.
Deutsche Bank forecasts a 5% sales dip this year. Musk’s political role has fueled calls for boycotts, with concerns that prolonged involvement could cause lasting brand damage.
There is bo way tessler is gonna recover from that. People thought the cars were good and futuristic. Now they start to realise that it’s just bolted together cheap garbo. Their “newest and best” is literally falling apart as we speak. There isn’t a new car in the works, except the one that was supposed to vome out in 2016. You know, the one that can jump and fly, i swear bro. Everyone who looks at a new tessler right now should’ve taken his drivers licence away, because with that kind of decision making, you’re not fit for the road.
But full self driving maaaan!
Bolted together would be an improvement over the glue they’re using…