Categories: Business

Tesla sales: the analyst’s estimates are impacted by the buffoonery of Elon Musk

Elon Musk took a chainsaw at government spending. Later Wednesday, we will have an idea of the quantity of these buffoonemeries that cut Tesla’s sales.

The largest American electric vehicle company should publish vehicle production and delivery numbers in the first quarter on April 2.

This is the first time that we will have a full and official look at Tesla’s sales since Musk went to Full Doge when President Donald Trump took office in late January.

A well -known Tesla Taurus has just shared its expectations for these figures and estimated the amount of DOGE activity of Musk could have harmed sales.

“Musk Leading Doge has essentially taken its own life as in the Tesla process has unfortunately become a political symbol on a global scale,” wrote Dan Ives, analyst at Wedbush Securities, in a recent note to customers. He underlined the demonstrations, the demonstrations among the Tesla dealerships and the locked cars.

A “moment of brand tornado crisis”

It expects Tesla deliveries in the first quarter of 355,000 to 360,000 vehicles, around 7% compared to the same period a year earlier.

Barely a few months ago, Wall Street expected more than 400,000 teslas to be delivered in the first quarter, so part of the Impact Doge has already been reduced, Ives wrote.

Existing data suggests that Tesla’s sales figures in Europe have been under “major pressure”, while there has also been a “sweetness of demand” in the United States and China, the analyst wrote.

“It continues to be a moment of truth for Musk to sail in this moment of brand tornado crisis and put on the other side of this dark chapter for Tesla with much better days to come that we see for history,” said Ives.

How much is Musk’s fault?

Ives has attributed the problems of sale to several problems that could be linked to the Doge’s Doge’s exploits of Musk, such as consumers while waiting for a model updated and a new car at a lower cost which could arrive later in 2025.

He has always conceded that anti-MUSC feeling and “brand problems” caused problems, calling them “a major factor in this low delivery number 1q”.

He estimated that 30% of the expected delivery number of the soft Q1 of next week would be linked to “Musk / Brand / Doge”, the remaining 70% involving the calendar of new or updated products and “non -marked front wind problems”.

businessinsider

William