$TSLA delivered ~3k Model Ys in Q1 and ~13k Model Ys in Q2.
Tesla is now cutting the price of the Model Y in the U.S. (before the Model Y is even available in markets outside N.A.)
Clearly initially Model Y demand is running materially lower than initial Model 3 demand.
One can likely infer that the numbers were always underwhelming.
Here is a history of Musk's comments about the Model Y and his overly rosy if not downright fraudulent predictions for Model Y demand.
Musk was desperate to keep Tesla's share price up...
At the time, Tesla was in a dire liquidity crisis which Musk would try to obfuscate with his fake $420 "Funding Secured" takeover offer a week later.
Musk's made up demand estimates were nothing more than a desperate attempt to pump the stock.
latimes.com/business/la-fi…
His materially false statements on Model Y demand (as well as endless leaked emails) were used to engineer a rebound in Tesla's stock price to avoid personal ruin.
Initial build quality has been horrendous.
Reviews have been mixed and generally poorer than initial reviews for the Model S, Model X and the Model 3.
electrek.co/2020/06/16/tes…
How long before Tesla completely closes down the Fremont factory?