$TSLA Q1 deliveries in 🇪🇺:
Most data points towards "ok" quarter:
🔹Ship tracker
🔹Deliveries trackers by country
🔹National $TSLA sites
🔹my own #SGF reports
But this "ok" quarter seems to come at a cost of unsustainable one-offs. Not to mention
🔹Price cuts
Thread:
Most data points towards "ok" quarter:
🔹Ship tracker
🔹Deliveries trackers by country
🔹National $TSLA sites
🔹my own #SGF reports
But this "ok" quarter seems to come at a cost of unsustainable one-offs. Not to mention
🔹Price cuts
Thread:
Ship tracker:
Bulls claim "record" 10 ships to 🇪🇺, beating 9 for Q4 2020 and 7 for Q4 2019.
This may lead to a record in UK, which got RHD supply from 3 boats from Shanghai, in answer to *new* BEV incentives.
But rest of 🇪🇺 had to do with 7 ships vs 9 last Q (7 SFO + 2 SHG).
Bulls claim "record" 10 ships to 🇪🇺, beating 9 for Q4 2020 and 7 for Q4 2019.
This may lead to a record in UK, which got RHD supply from 3 boats from Shanghai, in answer to *new* BEV incentives.
But rest of 🇪🇺 had to do with 7 ships vs 9 last Q (7 SFO + 2 SHG).
National delivery trackers:
NL+NO+SP seems more in line with Q1 or Q3 2020.
Far cry from Q4 2019 or Q4 2020.
Country $TSLA delivery data shows "ok" JAN+FEB, but declining market share. And definitely worse product mix as S and X have become negligible.
NL+NO+SP seems more in line with Q1 or Q3 2020.
Far cry from Q4 2019 or Q4 2020.
Country $TSLA delivery data shows "ok" JAN+FEB, but declining market share. And definitely worse product mix as S and X have become negligible.
Perhaps $TSLA website is more revealing this Q:
As boats got unloaded, $TSLA hid 2020 inventory to get prioritize orders at full price.
This came at a cost:
🔹Q3 2020 inventory is now discounted at 6-15%,
🔹Q4 2021 inventory discounted up to 6%
Hundreds of cars left in 🇪🇺 !
As boats got unloaded, $TSLA hid 2020 inventory to get prioritize orders at full price.
This came at a cost:
🔹Q3 2020 inventory is now discounted at 6-15%,
🔹Q4 2021 inventory discounted up to 6%
Hundreds of cars left in 🇪🇺 !
Not all 2021 M3 arrivals found buyers, some are now already discounted 1%!
Odometers of inventory "demonstration model" cars show hundreds of cars being test-driven. But conversion into orders seems to be low.
Odometers of inventory "demonstration model" cars show hundreds of cars being test-driven. But conversion into orders seems to be low.
Rumor is that $TSLA is gaming the German incentives, by offering a 2021 model for same price as they offer to buy back 6-month old M3.
Presumably the "used" car gets offered again, perhaps with EAP or FSD which has 0 cost.
Hat tip: @leoappeared
Presumably the "used" car gets offered again, perhaps with EAP or FSD which has 0 cost.
Hat tip: @leoappeared
Such "tricks" are one-offs and can backfire by saturating the used market.
$TSLA now fully depends on selling FSD and newly introduced EAP to offset price erosion.
S and X refresh not available for 2 quarters and will be "too little too late".
$TSLA now fully depends on selling FSD and newly introduced EAP to offset price erosion.
S and X refresh not available for 2 quarters and will be "too little too late".
The hope must be that Brandenburg-made Y will be available by September, and that M3 owners will upgrade.
Plenty of evidence that S and X owners downgraded to M3. Upgrades from M3 to Y much less likely.
Plenty of evidence that S and X owners downgraded to M3. Upgrades from M3 to Y much less likely.
My monthly 🇨🇭 update may be later than usual as data may come out only after Easter.
An across-the-board price cut before end of March seems required to clear inventory though.
An across-the-board price cut before end of March seems required to clear inventory though.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
