Have the wheels come off for Tesla?

[GeeJayW]

Have the wheels come off for Tesla?

As the electric carmaker sees sales fall and cuts jobs, we take a closer look at its problems.

www.bbc.com

 

[markjay]

Have the wheels come off for Tesla?

As the electric carmaker sees sales fall and cuts jobs, we take a closer look at its problems.

www.bbc.com

"Last year, it delivered 1.8 million cars, suggesting it has established itself firmly as a mass-market manufacturer.

But according to Professor Peter Wells, director of Cardiff University's Centre for Automotive Industry Research, that is part of the problem. "When Tesla first emerged, it had an exciting new product, a charismatic CEO, and it came across as really pioneering," he explains.

Now though, the company "is no longer the entrepreneurial new entrant and upstart disrupter, but increasingly an industry incumbent with all the challenges this brings when faced with a growing array of competitors in the same market space".

Other companies, like China's Nio, are offering more exciting products, says Prof Wells, while fellow Chinese firm BYD offers good performance at lower prices. "Basically, the world has caught up with Tesla," he says. "

Sounds very plausible.

 

[SmartAmg]

Have the wheels come off for Tesla?

As the electric carmaker sees sales fall and cuts jobs, we take a closer look at its problems.

www.bbc.com

No.

 

[GeeJayW]

"Last year, it delivered 1.8 million cars, suggesting it has established itself firmly as a mass-market manufacturer.

But according to Professor Peter Wells, director of Cardiff University's Centre for Automotive Industry Research, that is part of the problem. "When Tesla first emerged, it had an exciting new product, a charismatic CEO, and it came across as really pioneering," he explains.

Now though, the company "is no longer the entrepreneurial new entrant and upstart disrupter, but increasingly an industry incumbent with all the challenges this brings when faced with a growing array of competitors in the same market space".

Other companies, like China's Nio, are offering more exciting products, says Prof Wells, while fellow Chinese firm BYD offers good performance at lower prices. "Basically, the world has caught up with Tesla," he says. "

Sounds very plausible.

I thought it to be an interesting article, that essentially makes a point that if a company doesn’t move forward, it moves backwards relative to the competition.

 

[GeeJayW]

No.

Too much detail in your analysis there…

 

[SpikyMikey]

Too much detail in your analysis there…

Concise and to the point

 

[ChipChop]

"Last year, it delivered 1.8 million cars, suggesting it has established itself firmly as a mass-market manufacturer.

But according to Professor Peter Wells, director of Cardiff University's Centre for Automotive Industry Research, that is part of the problem. "When Tesla first emerged, it had an exciting new product, a charismatic CEO, and it came across as really pioneering," he explains.

Now though, the company "is no longer the entrepreneurial new entrant and upstart disrupter, but increasingly an industry incumbent with all the challenges this brings when faced with a growing array of competitors in the same market space".

Other companies, like China's Nio, are offering more exciting products, says Prof Wells, while fellow Chinese firm BYD offers good performance at lower prices. "Basically, the world has caught up with Tesla," he says. "

Sounds very plausible.

BYD sales in China are down 43% in the first quarter of 2024. That is worse than Tesla. Maybe it would be more accurate to state that the wheels have fallen off for the whole of the EV market not just the Western EV posterboy Tesla?

Tesla (TSLA) vehicle deliveries drop in Q1 2024 by 20% QoQ — but it still did better than BYD - Tesla Oracle

Tesla's Q1 2024 vehicle delivery numbers drop significantly but it still did better than the competition (financial update and earnings call schedule, more).

www.teslaoracle.com

 

[markjay]

BYD sales in China are down 43% in the first quarter of 2024. That is worse than Tesla. Maybe it would be more accurate to state that the wheels have fallen off for the whole of the EV market not just the Western EV posterboy Tesla?

Tesla (TSLA) vehicle deliveries drop in Q1 2024 by 20% QoQ — but it still did better than BYD - Tesla Oracle

Tesla's Q1 2024 vehicle delivery numbers drop significantly but it still did better than the competition (financial update and earnings call schedule, more).

www.teslaoracle.com

You are underestimating the power of Western governments.

 

[Dryce]

Other companies, like China's Nio, are offering more exciting products, says Prof Wells, while fellow Chinese firm BYD offers good performance at lower prices. "Basically, the world has caught up with Tesla," he says. "

Sounds very plausible.

Tesla's strategic problem is that they are an established premium (and trusted) EV maker - but they don't have an A-Class family or B-Class family (or 1 Series / 2-Series).

 

[ALFAitalia]

Merc won't have soon either!! Small cars are slowly being killed off....no Fiestas etc. The next 1 Series Beemer is all electric so there will be some prestige smaller EVs around.

 

[D2028]

Merc won't have soon either!! Small cars are slowly being killed off....no Fiestas etc. The next 1 Series Beemer is all electric so there will be some prestige smaller EVs around.

Im so glad I bought an ebike....just in case

 

[GeeJayW]

Merc won't have soon either!! Small cars are slowly being killed off....no Fiestas etc. The next 1 Series Beemer is all electric so there will be some prestige smaller EVs around.

Hard to fit a big battery in a small car I guess…

 

[markjay]

Hard to fit a big battery in a small car I guess…

I see quite a few i3 EVs around London, even the police use them as marked response vehicles. So, if there's a market for the i3, you have to wonder why other manufacturers are shunning this market sector.

 

[GeeJayW]

I see quite a few i3 EVs around London, even the police use them as marked response vehicles. So, if there's a market for the i3, you have to wonder why other manufacturers are shunning this market sector.

Don’t know. Might come down to how much margin there is on a small car or perhaps customer demand. Would be interesting to know.

 

[ALFAitalia]

Have the wheels come off for Tesla?​

Well one certainly did for this one........

​

 

[SmartAmg]

Have the wheels come off for Tesla?​

Well one certainly did for this one........

View attachment 156356​

Bet you searched high and low for that pic. Quite funny though.

 

[ALFAitalia]

Nope.....there are loads of them.....at a pretty common occurrence apparently......I'm surprised the anti EV types we have not cottoned on to that and posted few pics on here before now!!!! Lets be honest Tesla built quality is not great....but getting better. If there was no such thing as an EV and Tesla were just another company building normal ICE cars I wonder how many they would sell then.......not very many would be my guess.

Teslas Have a Minor Issue Where the Wheels Fly Off While Driving, Documents Show

Despite knowing about chronic "flaws," Tesla reportedly blamed drivers for glaring defects like collapsed suspensions and breaking axles.

futurism.com

2015 Tesla wheel fell off

What's the excuse THIS time? NHTSA Complaint Number: 10855398 Vehicle Identification Number: 5YJSA1E11FF105167 Your Vehicle's Make Model and Model Year: TESLA MODEL S 2015 Note: Your VIN, make, model, and year are all protected under the Privacy Act. What part of your car was affected...

www.flickr.com

 

[SmartAmg]

Nope.....there are loads of them.....at a pretty common occurrence apparently......I'm surprised the anti EV types we have not cottoned on to that and posted few pics on here before now!!!!

Teslas Have a Minor Issue Where the Wheels Fly Off While Driving, Documents Show

Despite knowing about chronic "flaws," Tesla reportedly blamed drivers for glaring defects like collapsed suspensions and breaking axles.

futurism.com

2015 Tesla wheel fell off

What's the excuse THIS time? NHTSA Complaint Number: 10855398 Vehicle Identification Number: 5YJSA1E11FF105167 Your Vehicle's Make Model and Model Year: TESLA MODEL S 2015 Note: Your VIN, make, model, and year are all protected under the Privacy Act. What part of your car was affected...

www.flickr.com

Shush! Don't tell um.

 

[markjay]

I am on a train in the south of Italy. Just saw this:

Loads of brand new Jeeps and Fiats, probably being transported by train from the Melfi plant. I wonder how many of them are EVs?

 

[SmartAmg]

I am on a train in the south of Italy. Just saw this:

Loads of brand new Jeeps and Fiats, probably being transported by train from the Melfi plant. I wonder how many of them are EVs?

The one's on fire? Sorry couldn't resist, and I like EVs. Thought I'd get it in before an EV hater did.