Tesla Is Producing Unicorns
Tesla is producing unicorns. Seriously. That’s what TSLAQ logic + TSLA logic, when combined, tell us.
Tesla is producing unicorns. Seriously. That’s what TSLAQ logic + TSLA logic, when combined, tell us.
Demand is a mystery that can only be measured once supply is provided, and at that point, it’s not demand anymore. You only know what demand you really had after its gone. Supply is a fact you can easily measure, while demand is never really known or completely understood. Even worse, the supply you measure is usually only a part of the demand you once had, and the closer you get to the moment of supply, the more you know how real the demand is.
I’ve got a lot of numbers to crunch and articles to publish now that Tesla has released its 1st quarter production and delivery numbers. Stay tuned for approximately 20–30 more charts and several articles putting Tesla’s vehicle sales numbers into context.
Congrats to Elon & Tesla for an excellent quarter! These were a unique set of challenging circumstances and Tesla did great. I would like to apologize to Maarten. I shared with him many of the tweets and links on expectations for Tesla’s Q1 results. Enraged, the G.O.M. (“grumpy old man”) valiantly made a prediction. He took the blow instead of me.
I have to eat crow. That is the civilized way to say it. What I wrote was completely off. It was logical, believable, and wrong. After submitting it, I thought I should have included that famous line about complex problems having simple answers that are completely wrong — a point I did prove. Another way of saying it, it was FUBAR.
Tesla delivered 110% more vehicles in the 1st quarter of 2019 versus the 1st quarter of 2018. The Q1 2019 delivery total was approximately 63,000. That said, the deliveries were 31% less than the 4th quarter of 2018, due in part to a high number of vehicles in transit, over 10,000.
Oh, poor Model S. With the Tesla Model 3 now on the scene in full force and consistently ranking in the top 5 of US car sales, the older, bigger Model S doesn’t get nearly the attention and discussion it used to get.
The numbers are in and 2018 turned out to be quite a solid year for electric vehicle sales in the US.
It’s hard to argue that Germany isn’t the heartbeat of automotive excellence. That said, an invader is coming (soon) to its home turf. According to Automotive News Europe, “Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class.”
In honor of another wicked cool quarter, here’s a view of Tesla history that you might have missed if you only read CleanTechnica.