Tesla’s stock sank after they reported a big drop in car deliveries year over year.
WATCH: Tesla shares sank after the EV maker reported a drop in quarterly deliveries for the first time in nearly four years. The company said it delivered nearly 387,000 vehicles in the first three months of this year — an 8.5% drop from a year ago https://t.co/4Anj6xqF0Q pic.twitter.com/KY5dUpweq1
— Reuters Business (@ReutersBiz) April 3, 2024
Tesla 'disaster' with fewest deliveries since 2022 https://t.co/ZRTttokTuJ
— BBC News (World) (@BBCWorld) April 2, 2024
I expect that this trend will continue. Especially with the horrible state of the economy that is only getting more and more chaotic.
Not only that, but as I’ve noted over and over again, these electric vehicles are the absolute shits. They’re not economical and they are bad for the environment. Plus, if you drive one everybody will think you are a gay homosexual faggot.
There is no reason to buy one of these automobiles and this is being reflected in Tesla’s delivery numbers. The electric vehicle industry is in serious trouble.