Latest sales data in May 2021: Tesla sales collapsed in China

[52051]

The leaked data trigger the sale-off of Telsa's stock price today (-5.33%), and it is the main reason drag the Nasdaq index down today.

Citing a person with knowledge of internal data, The Information said Tesla's monthly net orders in China dropped to roughly 9,800 in May, down from more than 18,000 in April. The figures reveal a continued slide in demand for Tesla's electric vehicles in China after March saw 21,000 net orders.

China accounted for 41% of the world's EV sales in 2020, according to research firm Canalys, and Tesla raked in 29% of its global sales in the first quarter from the country.

Tesla stock drops 5% on report saying China orders halved in May (msn.com)

The main reason Tesla sales collapsed in China is due to multiple accidents (including several fatal accident) in China, mostly due to the misfunction of the brake system of Tesla, as well as the poorly design misleading autopilot system.

 

[lonelyman]

The leaked data trigger the sale-off of Telsa's stock price today (-5.33%), and it is the main reason drag the Nasdaq index down today.

Citing a person with knowledge of internal data, The Information said Tesla's monthly net orders in China dropped to roughly 9,800 in May, down from more than 18,000 in April. The figures reveal a continued slide in demand for Tesla's electric vehicles in China after March saw 21,000 net orders.

China accounted for 41% of the world's EV sales in 2020, according to research firm Canalys, and Tesla raked in 29% of its global sales in the first quarter from the country.

Tesla stock drops 5% on report saying China orders halved in May (msn.com)

The main reason Tesla sales collapsed in China is due to multiple accidents (including several fatal accident) in China, mostly due to the misfunction of the brake system of Tesla, as well as the poorly design misleading autopilot system.

look how usa government treat china business, tesla should feel lucky to have a factory in China

 

[F-22Raptor]

The leaked data trigger the sale-off of Telsa's stock price today (-5.33%), and it is the main reason drag the Nasdaq index down today.

Citing a person with knowledge of internal data, The Information said Tesla's monthly net orders in China dropped to roughly 9,800 in May, down from more than 18,000 in April. The figures reveal a continued slide in demand for Tesla's electric vehicles in China after March saw 21,000 net orders.

China accounted for 41% of the world's EV sales in 2020, according to research firm Canalys, and Tesla raked in 29% of its global sales in the first quarter from the country.

Tesla stock drops 5% on report saying China orders halved in May (msn.com)

The main reason Tesla sales collapsed in China is due to multiple accidents (including several fatal accident) in China, mostly due to the misfunction of the brake system of Tesla, as well as the poorly design misleading autopilot system.

https://twitter.com/x/status/1400769229444599816

 

[52051]

https://twitter.com/x/status/1400769229444599816

They are talking about new order in May, not raw sales number (which contain many orders earlier).

Nice dodging of the question from Tesla's official account, good to know they are very good at hype-making, question-dodging and word-playing just like Musk himself.

 

[F-22Raptor]

They are talking about new order in May, not raw sales number (which contain many orders earlier).

Nice dodging of the question from Tesla's official account, good to know they are very good at hype-making, question-dodging and word-playing just like Musk himself.

https://twitter.com/x/status/1402194560655233025

Tesla remains dominant!

 

[52051]

https://twitter.com/x/status/1402194560655233025

Tesla remains dominant!

22000 monthly sale is including many orders placed in April and earlier, whilst the new order received in May get halved MOM, just don't keep dodging the question, you really look like a penny-stock salesman for Tesla now.

You know, if I were not know you well (the fact that you are just an idiot), I would have had already suspected you actually working in a hedge funds who try to clear their Tesla position and try to fool the suckers to take them.

 

[That Guy]

22000 monthly sale is including many orders placed in April and earlier, whilst the new order received in May get halved MOM, just don't keep dodging the question, you really look like a penny-stock salesman for Tesla now.

You know, if I were not know you well (the fact that you are just an idiot), I would have had already suspected you actually working in a hedge funds who try to clear their Tesla position and try to fool the suckers to take them.

Source, or you're just talking out of your butt.

 

[52051]

Source, or you're just talking out of your butt.

So you have not read the link from my first post?

Using your eye to look, not your butt

https://twitter.com/x/status/1402194560655233025

Tesla remains dominant!

Btw, even the 22,000 sales number in May is now surpassed by BYD, dominate in your dream, you can check Samsung phone's sale record history in China, once there are quantality issues, especially like expolsive (Samsung's battery) or fatality (Tesla's death trap), they are done in China.

 

[That Guy]

So you have not read the link from my first post?

Using your eye to look, not your butt


Btw, even the 22,000 sales number in May is now surpassed by BYD, dominate in your dream, you can check Samsung phone's sale record history in China, once there are quantality issues, especially like expolsive (Samsung's battery) or fatality (Tesla's death trap), they are done in China.

Your source has been proven wrong, and now you're adding your own fictitious.

 

[52051]

Your source has been proven wrong, and now you're adding your own fictitious.

They have not, Telsa just dodged the question.

 

[That Guy]

They have not, Telsa just dodged the question.

They literally disputed the figure given by your source and gave their own numbers. What dodging are you talking about?

Give me a source that their numbers are misleading.

 

[F-22Raptor]

So you have not read the link from my first post?

Using your eye to look, not your butt


Btw, even the 22,000 sales number in May is now surpassed by BYD, dominate in your dream, you can check Samsung phone's sale record history in China, once there are quantality issues, especially like expolsive (Samsung's battery) or fatality (Tesla's death trap), they are done in China.

Yes Tesla is absolutely dominant. Over 33k produced and sold from Giga Shanghai in May and they are still ramping Model Y. Tesla is selling every vehicle they make. Remember, Tesla is a GLOBAL company, with global commitments. Something Chinese EV companies can only dream of. Tesla’s dominance will only grow when Berlin and Austin ramp.

 

[Cheehg]

You guys are talking about different numbers. One is new order. According to some sources it is down to 9000. And then Tesla is saying their May sales numbers including export. Because Tesla is back order so whatever sold in May is not May new order. It could from April and even March depends how many the backorder accumulated.
Since the May new order number is not published information. We need to wait until next monthly sales numbers to verify.

 

[casual]

They literally disputed the figure given by your source and gave their own numbers. What dodging are you talking about?

Give me a source that their numbers are misleading.

The source article references new orders and the twitter posts references sales. Note they are not the same.

 

[dbc]

The source article references new orders and the twitter posts references sales. Note they are not the same.

OP claims Tesla order book is impacted by safety and reliability concerns. he provides no supporting evidence. The truth is car prices have spiked triggered by a global chips shortage.

You'd be stupid or desperate to buy a new car now. It's not just Tesla, Nio and Xpeng and others are also taking fewer order this quarter.

Tesla has raised Model 3 prices by $2500 as the chip shortage drags on

CEO Elon Musk blamed the chip shortage and supply chain challenges to explain why Tesla raised its prices five times between March and May.

qz.com

Chinese electric car company Xpeng predicts chip shortage will last another quarter

Xpeng's U.S.-listed shares fell nearly 4.9% in Thursday's trading session despite the start-up reporting greater-than-expected revenue in the first quarter.

www.cnbc.com