this post was submitted on 02 Apr 2025
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Electric Vehicles
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Worst quarter so far….
It's unlikely to be worse, especially if he's stepping down from DOGE as the rumors seem to be.
Even with all the hate, the new Model Y is now selling, there's going to be newer more affordable models coming out in a few months, which may sell poorly compared to their expectations, but would still boost numbers above a worst quarter situation.
Q1 has the Chinese new year as well, so future quarters will have a boost above Q1 until next Q1
Even the current status and then China alone with the new models could probably prevent a worse situation.
Numerous quarters / years not meeting expectations absolutely. Less deliveries and production than Q1, unlikely.
Maybe this will help for US sales, but it Tesla sales will likely stay low in other markets.
They just have to not crater further to beat Q1 moving forward.
No Chinese new year will already be a boost against that.
And then the new models can offset further sales drops.