Quote:
Originally Posted by opendoor
That explains why Tesla was desperately trying to get cars out the door by December 31st by offering incentives. They delivered 405K vs the 420K that was expected in Q4.
On the other hand, that's over 30% more than they did in Q4 2021 and in 2022 overall they delivered 40% more cars than in 2021. So they're still growing fast, but at a bit slower pace than in most other recent years.
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The bigger worry is the narrative is changing. Tesla is going from 100% supply constrained to demand constrained. With that comes much lower and more narrow future sales expectations. Hard to suggest 8M cats per year when they're hitting some demand sputtering at 1.4M unless they've got a much more models planned. The sub 30k car Elon has been teasing better be a real thing