Q1 2019 : Tesla

[balthazar]

Tesla's March U.S. sales numbers were as follows:
Model S : 2,275
Model 3 : 10,175
Model X : 2175

The Q1 U.S. total was 30,600 vehicles. This compares to Q4 2018's U.S. total of 77,525 units for a decline of 61%. Musk had warned of both declining volume and an operating loss for Q1, but not to such an extreme extent.

Model 3 U.S. volume over the last 6 months ~
Oct '18 : 17,750
Nov '18 : 18,650
Dec '18 : 22,250
Jan '19 : 6,500
Feb '19 : 5,750
Mar '19 : 10,175

The pertinent question stands- what is the true mean monthly demand for the Model 3, and was the volume uptick in Q4 2018 solely due to the upcoming (Jan 1, '19) halving of the tax credit?

[Source : insideEVs.com]

[G. David Felt]

I think the big push in Q4 of last year was due to the tax credit issue, We will see a more gradual balance emerge now I believe.

[balthazar]

https://finance.yahoo.com/news/teslas-disastrous-first-quarter-hints-its-car-may-not-be-the-future-of-driving-120110465.html

[G. David Felt]

59 minutes ago, balthazar said:

https://finance.yahoo.com/news/teslas-disastrous-first-quarter-hints-its-car-may-not-be-the-future-of-driving-120110465.html 

We have always known that Tesla is a cult favorite and like Apple will have to continue to ramp efficient building of their auto's. This is a normal stumble for them and with the China manufacturing plant coming on line later this year, I would expect sales to stay consistent as they cover the world minus China from America.

I expect this to also push on them to get the Model Y into production so they have their S3XY portfolio going. 

🤔 I wonder if the truck will be a Model ! so that they can put the exclamation mark on that S3XY! portfolio?