Tesla Storing Unsold Inventory at Abandoned Malls

Tuesday, May 14, 2024

Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can't sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024. Where are all these cars going? Parking lots at its factories, malls and airports.

Posted by Gal_Tuesday at 09:31 AM | 16 COMMENTS | permalink | Comment on This Entry |

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FTA:

#1 | Posted by Gal_Tuesday at 2024-05-13 08:26 PM | Reply

I know a mall parking lot he can store some at.

#2 | Posted by LauraMohr at 2024-05-13 08:33 PM | Reply

#1 | POSTED BY GAL_TUESDAY

Why aren't there a lot of pictures?

Showing a video of Fremont really isn't evidence. I see at least 6-7 trucks hauling Teslas whenever I drive on HW 5. I assume this is going on every day.

Regardless, Tesla produced 337K cars, and ~11% haven't sold.

GM delivered 594,233, yet the inventory of GM vehicles at dealerships reached 534,479 units in March 2024, an increase of 29.6 percent year-over-year from the 412,285 units that were on dealer lots or in transit at the end of March 2023, as revealed by the latest data published in The General's Q1 2024 sales report.

Seems like the industry is having issues, your bias and hatred of Tesla, and probably Musk is noted.

#3 | Posted by oneironaut at 2024-05-13 09:01 PM | Reply | Funny: 1

Link for information above
gmauthority.com

#4 | Posted by oneironaut at 2024-05-13 09:02 PM | Reply

Seems like the industry is having issues

Not really. They actually have inventory on lots now, which they did not have a couple of years ago. Covid/Chip catchup and all.

#5 | Posted by REDIAL at 2024-05-13 09:19 PM | Reply

Excess Supply Shows That Tesla Is Just Another Car Company

Tesla's allegedly superior vehicles, and today's new-car market, should bring excess demand for Teslas " but they aren't. What's wrong?

www.forbes.com

#6 | Posted by Gal_Tuesday at 2024-05-13 09:24 PM | Reply

Tesla bias? Of course there is Tesla bias. They are awful automakers

Quality control is totally nonexistent

Regardless, what does someone living in seven trees, south San jose need to be "driving I5"? That's over 80 miles east in the Central Valley, fool.

#7 | Posted by ChiefTutMoses at 2024-05-13 10:48 PM | Reply

Seems like the industry is having issues, your bias and hatred of Tesla, and probably Musk is noted.

#3 | POSTED BY ONEIRONAUT

All well-earned.

Wonton has never met an authoritarian mouthpiece he didn't like.

#8 | Posted by jpw at 2024-05-14 09:26 AM | Reply | Newsworthy 1

Not really. They actually have inventory on lots now, which they did not have a couple of years ago. Covid/Chip catchup and all.

#5 | POSTED BY REDIAL AT 2024-05-13 09:19 PM | FLAG:

Yes really. There's more to it than car production. When they didn't have inventory the dealer markups were much higher and that's going away so you need a lot more volume. Volume isn't where it needs to be when lending rates at 7%-11%.

#9 | Posted by sitzkrieg at 2024-05-14 09:41 AM | Reply

and Tesla was always Just Another Car Company, despite the hype of it at various points being a Technology Company, Energy Company, and now AI company.

#10 | Posted by sitzkrieg at 2024-05-14 09:42 AM | Reply | Newsworthy 1

#10

Disagree Sitz, this article highlights the difference.

It doesn't hide it's sales issues inside a nation wide distribution network.

#11 | Posted by oneironaut at 2024-05-14 09:53 AM | Reply | Funny: 1

Why aren't there a lot of pictures?
Showing a video of Fremont really isn't evidence. I see at least 6-7 trucks hauling Teslas whenever I drive on HW 5. I assume this is going on every day.
Regardless, Tesla produced 337K cars, and ~11% haven't sold.
GM delivered 594,233, yet the inventory of GM vehicles at dealerships reached 534,479 units in March 2024, an increase of 29.6 percent year-over-year from the 412,285 units that were on dealer lots or in transit at the end of March 2023, as revealed by the latest data published in The General's Q1 2024 sales report.
Seems like the industry is having issues, your bias and hatred of Tesla, and probably Musk is noted.

#3 | POSTED BY ONEIRONAUT

GM has dealership lots that have to remain full. Lots that were not full in 2023.

Tesla is filling malls.

How can you not understand the difference?

#12 | Posted by Sycophant at 2024-05-14 10:12 AM | Reply | Newsworthy 2

Disagree Sitz, this article highlights the difference.

#11 | POSTED BY ONEIRONAUT AT 2024-05-14 09:53 AM | FLAG:

The article doesn't at all talk about Tesla positioning itself as everything but a car company. It's just a GM stock and sales article. GM is doing okay.

#13 | Posted by sitzkrieg at 2024-05-14 11:24 AM | Reply

Battery operated cars are currently fantasy projections of the future just as were the flying or boat cars of years ago. They sounded neat, but then we began to understand our crooked incompetent politicians were forcing everyone to pay and subsidize something for China with something we neither needed nor wanted. I don't want an electric car and refuse to buy one when the technology is not there and costs too high. Biden and Obama and others want to force society to buy into their fantasy. Keep government out of markets. Tesla succeeded only because politicians forced taxpayers to fund them and Musk was very slick in that regard..

#14 | Posted by Robson at 2024-05-14 01:09 PM | Reply

Seek professional help.

#15 | Posted by LegallyYourDead at 2024-05-14 04:11 PM | Reply

Early Tesla had solid sales even with no subsidies, prior to the shift to the Model 3. All Hype Matters.

#16 | Posted by sitzkrieg at 2024-05-15 08:29 AM | Reply