Tesla vehicle deliveries drop 10% in second quarter of 2017

CNBC ^

[Lurch Addams]

With most investors focused on the rollout of its highly anticipated Model 3, Tesla announced lackluster second-quarter sales, due in part to supply issues with 100 kWh battery packs.

"The Q2 Deliveries will be viewed as a negative by investors," said James Albertine, analyst with Consumer Edge Research. "But that story ... can be more than offset by the Model 3 in the second half of the year."

Overall, Tesla delivered just over 22,000 vehicles in the second quarter, bringing its first half deliveries to 47,100, within the company's guidance of between 47,000 and 50,000 vehicles. What was the problem?

Tesla said it experienced "a severe production shortfall of 100 kWh battery packs, which are made using new technologies on new production lines." The company said it resolved the problem in early June and dramatically increased battery-pack production.

[Lurch Addams]

Sales dropped from 25,000 vehicles in the first quarter of 2017 to 22,000 vehicles in the second quarter (total of 47,000 in the first half).

[freedumb2003]

Not enough smugs per KWH?

[DAC21]

Time to cut off the 7k Fed tax credit. Tesla and the rest have had a decade plus to make this technology cost effective. Time to stand on there own two feet. Let the States decide what they want to subsidized. Much more pressing matters for use of the money.

[upchuck]

Just heard a puff piece from NPR radio about Tesla. Said Model 3(?) is ready to start production. “Consumer priced” car at $35K to start.

[wjcsux]

You can buy a high-end Benz for what a Tesla costs. You may not have the snob appeal with your rich liberal friends, but you can fill it up at any gas station.

[wjcsux]

Without government subsidies, the Tesla will soon disappear just like the Rousch-Lang, Columbia and Edison Electric cars of the early 1900’s did.

[caver]

Geez, did we subsidize the “Edison Electric” back then? I don’t know, I’m just asking.

[advertising guy]

I wish there was a gas burnin car shaped as nice as the Tesla

.....just sayin

[freedumb2003]

>>I wish there was a gas burnin car shaped as nice as the Tesla<<

They ARE very sharp.

[wjcsux]

Maybe the feds cut them some slack with installing power lines in the major industrial cities, probably not with electric cars. In the early 1900’s, steam cars, electric cars and internal combustion engine cars were competing with each other. Obviously, the internal combustion engine cars won.

[Moonman62]

The rebate will end soon. There is a limit for each car maker as to how many vehicles are eligible. Tesla is getting close to that limit.

[caver]

Yea, could be. I would guess that the feds weren’t so into favoring certain technologies, but some Freeper will come along and correct me.

[Jeff Chandler]

Not to mention the Dale car.

[wjcsux]

I’m not familiar with that one.

[Gay State Conservative]

My nicely designed and well equipped diesel...which sports a sticker price less than half of a Tesla....gets 53MPG on the highway and has a highway range of 700+ miles.When needed I can “recharge” it in about 4 minutes at any one of 40,000 “recharging” stations nationwide.

[xp38]

The top of the line Tesla fully loaded tops 200K here in Canada. If you have that kind of money you don’t need a subsidy for your purchase of wheels.

[Secret Agent Man]

Model 3 has incredibly butt ugly front end. Shark nose.

[Paal Gulli]

"Just heard a puff piece from NPR radio about Tesla. Said Model 3(?) is ready to start production. “Consumer priced” car at $35K to start."

Too bad the $35K doesn't also include the cost of the dinosaur-powered car you have to keep on hand (if you depend on always having transportation available) for when the battery on the Tesla is low. If you genuinely NEED a car, then you can't afford a Tesla -- at any price -- unless you also can afford an alternative form of transportation with availability approaching that of dinosaur-power. And it stands to reason that that market is going to saturate pretty quickly.

For more than a century, we have had cars available in America that could be driven hundreds of miles, then refueled in 10 minutes and driven for hundreds more. If you think Americans are EVER going to line up to buy cars that take longer to fuel up than they can be driven on a "full tank," I think you've spent too much time sniffing gas fumes.

[BBell]

[upchuck]

Agree. $35K is too much for a “consumer priced” car. 25-26K is more like it.