Private reports indicated that the orders of electric vehicles are moderate, so Tesla deliveries could fall 5% in 2025.
Tesla’s actions suffered their greatest fall from the Covid-19 pandemic after several analysts cut their estimates of vehicle deliveries. The financial results of the company, the political behavior of its executive director, Elon Musk,
Electric car manufacturer titles 15.4% collapsed This Monday after Joseph Spak, by UBS Group AG, cut the forecasts for both the first quarter and for the whole year. The analyst Ben Kallo by Robert W. Baird & Co. also reduced his estimates about the company. It was the deepest setback since September 2020.
Spak foresees that Tesla deliver only 367,000 vehicles this quarter, a 16% reduction with respect to its previous estimate. Now it also foresees that cars deliveries In 2025 approximately 5% will fall. On average, analysts surveyed by Bloomberg expect an increase of approximately 10% for the year, and Tesla executives have said that the company will grow again in 2025.
“Although we hope that the renewal of the model and helps, we believe that orders are somewhat moderate”, Spak wrote in a customer report. He cited the Tesla website in China, which shows that customers only have to wait two to four weeks for the delivery of the new SUV.
In addition to interruptions caused by the change in the design of its most important model, The rejection of executive director Elon Musk is harming the company in some of the world’s largest electric vehicle markets. In Germany, for example, enrollments collapsed 70% during the first two months of the year after Musk intervened in federal elections.
In China, the world’s largest electric vehicle market, Tesla faces the fort Byd CO competitionthe market leader. The shipments of its plant in Shanghai collapsed 49% in February to 30,688, the lowest monthly figure since July 2022.
Tesla’s actions fell sharply from the elections in the US
After reaching a peak with the victory of Donald Trump in the US presidential elections, Tesla’s actions sank strongly for several factors. Among them are:
- Disappointing financial results: the results of the fourth quarter and deliveries were not impressive, and annual deliveries decreased for the first time in the history of the company.
- Research and regulatory problems: in January, one of the autonomous functions of Tesla was investigated by the NHTSA, adding to other ongoing research on autonomous driving.
- Cybertruck problems: Cybertruck polarizer was discounted and faces possible demand problems.
- Fall in European sales: Tesla sales in Europe decreased in January.
- Elon Musk’s behavior: Musk’s political activities, both in the United States and abroad, where he has supported extreme right -wing political movements, have alienated broad sectors of the public, current customers and potential buyers of Tesla.
- CEO distraction: investors wonder if Musk is completely focused on Tesla, given their participation in politics.
Source: Ambito
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