Comment by testing22321

14 hours ago

They sold more vehicles in the most recent quarter than ever in their history.

It’s always interesting when the perception given by the media is so far removed from the actual facts.

29 comments

testing22321

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sottol  13 hours ago

Beat Q4'24 by 0.3% in the quarter that EV tax credits ran out and EV buyers used their last chance to pocket it. Most other EV models had 50%+ sales lift that quarter.

  • nkrebs13  12 hours ago

    Most legacy manufacturers were/are still trying to figure out how to produce EVs to compete. Looking at this month's KBB report for EV-first brands:

    YTD Sales

    - Lucid: 23.4%

    - Tesla: -4.3%

    - Rivian: -13.2%

    Lucid is the big surprise there to me (though only ~8K sold).

    • sottol  9 hours ago

      I think Lucid just released their SUV, Lucid Gravity. That might explain it. I've seen a few driving around now but that's about all I know.

Aurornis  13 hours ago

> They sold more vehicles in the most recent quarter than ever in their history.

EV tax credits were only available through Q3. There was a rush to buy EVs before credits expired.

If you’re only looking at that one quarter, that’s the most biased signal you could get.

kmontrose  14 hours ago

YoY sales are down while other automakers are up, Q3 might be an artifact of EV incentives expiring. Iirc other manufactures also saw an increase in EV sales in Q3.

bdcravens  13 hours ago

That quarter is an asterisk for every EV maker, due to the ending of US subsidies. (ditto for whatever decline we see in Q4)

etchalon  13 hours ago

I think next quarters results are going to be a lot more indicating of the company's health than the most recent one, since the ending of federal subsidies inflated demand across the industry.

But "more vehicles than ever" is factually false, according to Tesla itself. They delivered ~397,000 vehicles in Q2-2025. They delivered ~437,000 in Q4 of 2024.

So I'm not sure what you meant by that statement.

lesuorac  13 hours ago

Eh downvote. This is so trivially look-up-able.

> [1] Total revenue decreased 12% YoY to $22.5B. YoY, revenue was impacted by the following items:

> - decline in vehicle deliveries

[1]: Page 5 - https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-...

  • stronglikedan  13 hours ago

    I'd imagine the entire EV segment suffered the same decline as people start to realize what a pain in the ass they still are, myself included. I can't wait to get rid of the failed experiment that is my EV and go back to ICE. Only two more years on my lease.

    • mjamesaustin  13 hours ago

      I'm curious what problems make it such a bad experience for you.

      I have some reservations about my EV, but on the whole it is better than an ICE vehicle in almost every way and I'll certainly never buy another car that isn't an EV.

      6 replies →

    • rootusrootus  13 hours ago

      Conversely, it would take a catastrophic change in product offerings for me to consider another gas vehicle at this point. I’m not ever willingly giving up the dramatic improvement in convenience and performance that I got with my EVs. I’ll keep them until they rust into pieces if I have to.

    • Astronaut3315  12 hours ago

      I’ve not had that experience. To the contrary, it’s so much more convenient than ICE for our family. Our EV always has a full “tank” every morning.

      What’s the problem you’ve been having with yours?

    • sottol  13 hours ago

      It seems like most buyers are with you, but for me I'm not going back to a daily-driven ICE vehicle unless I have to. I do wonder though if part of the problem is that EVs are priced/sold at a premium, and even often only as luxury vehicles. The Model 3/Y and Model S/X sales split is like 10:1 or even 20:1 afair.

      Even with our exorbitant energy prices, I pay about 1/3 for the cost of energy per mile (off-peak). I have to go in for service 3 times less often (and just that is worth a pot of gold to me). I no longer need to detour to gas stations once or twice a week as I can just plug in the car at night. And then EVs are also more enjoyable to drive imo.

    • recursive  13 hours ago

      Curious. I've talked to a number of EV owners, and that's the first I've heard that. Most sentiment seems to be between meh-alright and never-going-back-to-ICE. I'm curious which part of the experiment failed for you.

      1 reply →