Technology

60059 readers

3426 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS

124

Tesla (TSLA) releases Q1 2024 deliveries: disastrous results (electrek.co)

submitted 8 months ago by boem@lemmy.world to c/technology@lemmy.world

35 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Buffalox@lemmy.world 15 points 8 months ago

I'm not an analyst, but I think most EV makers are experiencing that demand is slower than expected this year.

431,000 deliveries would still be a small growth year-over-ear, but it would be a massive quarter-to-quarter drop.

This is normal for most companies. Q4 is top quarter, and Q1 is bottom quarter in most industries.
I think if you aren't on the Musk cool aid, this isn't a huge shock. Tesla is not the "miracle company" Musk and his fans claim.