article thumbnail

LIVE BLOG: Tesla (TSLA) Q3 2024 earnings call

Teslarati

Tesla’s sales grew despite ASPs dropping. 16:15 CDT – Hello, everyone, and welcome to our live blog of Tesla’s third quarter 2024 earnings call. The post LIVE BLOG: Tesla (TSLA) Q3 2024 earnings call appeared first on TESLARATI. 16:58 CDT – Tesla’s CFO takes the stage. TSLA stock after hours is up 9.44% as of writing.

Tesla 137
article thumbnail

Amazon May Soon Wade Into the Online Used Car Sales Business

The Truth About Cars

While the experience will be different, shopping for used cars on Amazon will likely come with many of the same annoyances, including a sales pitch for extended warranties and other products. They can then finish the purchase at the dealer or online.

Sale 89
article thumbnail

Goldman Sachs Predicts Gutted Car Sales Thanks to Tariffs

The Truth About Cars

With the White House providing the exact opposite, it is not inconceivable that total sales this year may fall even if all tariff taxes are completely paused for the time being. At the moment, some customers are rushing to get behind the wheel of a new rig, seeking to avoid any tariff tax hike which may appear on window stickers.

Sale 62
article thumbnail

A New York Volkswagen Dealer Is Facing Litigation Over Abysmal Sales Numbers

The Truth About Cars

Automakers sometimes argue with their franchise dealers over markups, EVs, and other issues, but one Volkswagen store is facing a lawsuit from the mothership over slow sales. Volkswagen took notice of Prestiges struggles in 2010 and sent a Notice of Default the year after.

article thumbnail

‘Cybertruck could be as mainstream as the Tesla Model Y’: analyst predicts

Teslarati

In a recent blog entry, ARK Invest wrote about the Tesla Cybertruck’s demand. Notably, Cybertruck search volume originated in truck-loving geographies, potentially suggesting [a] desire to buy,” Korus concluded in the blog. Elon Musk’s Tesla Cybertruck Predictions From the beginning, Elon Musk set the bar high for Model Y sales.

Tesla 145
article thumbnail

No, EV Sales Didn't Slow or Fall Last Year

The Truth About Cars

However, despite all the noise, EV sales grew by a few million units in 2024, faster than the year before. Ive been guilty of naysaying when it comes to electric vehicle sales, even as someone who studies and writes about the industry, so its not surprising to see that the public narrative around EVs is far from reality.

Sale 113
article thumbnail

Subaru's Performance Models Experience Significant Sales Drops

The Truth About Cars

Subaru, which had seen consistent sales growth with its BRZ and WRX over the last year, is finding that out the hard way, as it recently posted numbers that don’t look great for either car. percent drop in year-to-date sales in September, with just 2,323 vehicles delivered. The Subaru BRZ had a 30.9 The Ascent fell 9.1

Sale 109