Good news for Tesla investors!
The Captain
3 Likes
Where’s the good news? He just reminds us how bad the past few years have been despite the stock price not reflecting it.
Why would anyone waste their time listening to this guy? I made it to around the 55 second mark after he started hyping how another brainwashed Tesla fan had raised his 2026 estimate by 20,000 cars. Of course that MS analyst “forgot” how the delivery 2026 forecast by MS had been only a couple years ago around 3.9 million deliveries.
Yes, I think we see some slowing
2 Likes
I didn’t watch the video, but it is clear Tesla is slowing. Tesla delivered 358,023 vehicles in Q1 2026, which is up 6% YoY from Q1 2025. That’s surely good news, but Q1 2025 was the worst quarter in years. The explanation for the slow Q1 2025 was the assembly lines for the best selling Model Y were being retooled.
If sales continue at the rate of Q1 2026 it would be an annualized rate of about 1.4 million vehicles. To be sure, sales might be higher in future quarters (Tesla usually does well in Q4), but a lot of demand was pulled forward by the expiring EV tax credits. If the trend continues, 2026 would be the lowest sales since 2022.
The real number we care about of course is profit. 2025 had the lowest profits since 2021. Down almost 50% from 2024.
- 2025: $3.794 Billion
- 2024: $7.091 Billion
- 2023: $14.997 Billion
- 2022: $12.583 Billion
Another key metric is margins, which fell to 4% in 2025, down from over 15% in 2023.
None of those trends are showing growth. Sure, tends can change, but things are not going in the right direction.
5 Likes
Ya, but robots. Ya know?!?