Cybertruck China sales is coming!

[CybertruckWraps]

Oh I thought this was the China Cybtertruck?
https://shop.tesla.com/product/cybertruck-for-kids?sku=1985666-00-B

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[ABILISK]

Yeah! Try to compete with the beast, BYD!

 

[IronJoe]

From above:
"As a rule of thumb, though, consider the EPA figure to be the most realistic with only a few percentage points difference from what one might see in real-world conditions.

The WLTP figure to be about 22 percent higher than EPA, and
the CLTC number about 35% higher than EPA. CLTC also appears to be a few percentage points higher than NEDC."

I see a lot of reference to the EPA when quoting CT range estimates here on this board. It's important to remember that the Cybertruck is exempt from independent EPA testing. Tesla has claimed that they have used EPA's testing rubric to evaluate the range for the CT, however this has not (and probably will not) be independently verified due to its classification here in the US.

https://www.caranddriver.com/tesla/cybertruck

 

[YDR37]

Telsa won't disclose the numbers, but independent analysts believe that for 2024, China will be the biggest single market for Tesla vehicles -- bigger than the US or European markets, which have actually been shrinking. So China is the obvious next step for any new Tesla models.

To further underscore the importance of China: the Shanghai plant now produces more Teslas than the three other plants (in California, Texas, and Germany) put together. Shanghai not only supplies China, but also other Asia-Pacific countries, like Japan, South Korea, and Australia; plus they make Model 3s for Europe (the Germany plant only makes Model Ys). Globally, most new Teslas are made in China.

 

[Speednet]

Telsa won't disclose the numbers, but independent analysts believe that for 2024, China will be the biggest single market for Tesla vehicles -- bigger than the US or European markets, which have actually been shrinking. So China is the obvious next step for any new Tesla models.

To further underscore the importance of China: the Shanghai plant now produces more Teslas than the three other plants (in California, Texas, and Germany) put together. Shanghai not only supplies China, but also other Asia-Pacific countries, like Japan, South Korea, and Australia; plus they make Model 3s for Europe (the Germany plant only makes Model Ys). Globally, most new Teslas are made in China.

The part in bold above is false. The Tesla US market is growing.

Here are the Tesla US sales figures by year:

• 2016: 26,725 vehicles sold
• 2017: 50,067 vehicles sold
• 2018: 197,517 vehicles sold
• 2019: 195,125 vehicles sold (the only year with a slight decrease)
• 2020: 292,902 vehicles sold
• 2021: 301,998 vehicles sold
• 2022: 536,069 vehicles sold
• 2023: 670,000 vehicles sold

I am not saying anything about the Chinese market. It's huge. But the legacy media's pessimism about the EV markets, probably driven at least partially by their dislike of Elon's politics, are not reality.

 

[YDR37]

The part in bold above is false. The Tesla US market is growing.

Here are the Tesla US sales figures by year:

• 2016: 26,725 vehicles sold
• 2017: 50,067 vehicles sold
• 2018: 197,517 vehicles sold
• 2019: 195,125 vehicles sold (the only year with a slight decrease)
• 2020: 292,902 vehicles sold
• 2021: 301,998 vehicles sold
• 2022: 536,069 vehicles sold
• 2023: 670,000 vehicles sold

It's true that Tesla's US sales grew through 2023. But what about 2024?

Numbers are here (page 2). Through the first three quarters of 2023, Tesla sold 493,513 vehicles in the US. Through the first three quarters of 2024, Tesla sold only 471,374 vehicles -- a decrease of 4.5%. Tesla sales have fallen relative to last year, even with the introduction of the Cybertruck.

Obviously we are still in the fourth quarter of 2024, so the picture for the whole year could change if US sales in the final quarter are extremely strong. We won't know until January 2025. But as of 3Q 2024, US Tesla sales have dropped compared to 2023. The drop is worse in Europe.

 

[Deleted member 17810]

?

 

[CTInProcess]

The part in bold above is false. The Tesla US market is growing.

Here are the Tesla US sales figures by year:

• 2016: 26,725 vehicles sold
• 2017: 50,067 vehicles sold
• 2018: 197,517 vehicles sold
• 2019: 195,125 vehicles sold (the only year with a slight decrease)
• 2020: 292,902 vehicles sold
• 2021: 301,998 vehicles sold
• 2022: 536,069 vehicles sold
• 2023: 670,000 vehicles sold

I am not saying anything about the Chinese market. It's huge. But the legacy media's pessimism about the EV markets, probably driven at least partially by their dislike of Elon's politics, are not reality.

Exactly! It’s amazing that Tesla in the US has sold a combined 670,000 compared to the measly F-Series line which is barely 400k…… amazing….

 

[Speednet]

Exactly! It’s amazing that Tesla in the US has sold a combined 670,000 compared to the measly F-Series line which is barely 400k…… amazing….

I assume that is that sarcasm? Very strange, because obviously the F-150 is the top selling vehicle of any kind.

 

[Speednet]

It's true that Tesla's US sales grew through 2023. But what about 2024?

Numbers are here (page 2). Through the first three quarters of 2023, Tesla sold 493,513 vehicles in the US. Through the first three quarters of 2024, Tesla sold only 471,374 vehicles -- a decrease of 4.5%. Tesla sales have fallen relative to last year, even with the introduction of the Cybertruck.

Obviously we are still in the fourth quarter of 2024, so the picture for the whole year could change if US sales in the final quarter are extremely strong. We won't know until January 2025. But as of 3Q 2024, Tesla sales really have dropped from last year in the US. The drop is worse in Europe.

Correct, we won't know the final tally for 2024 US sales until January, which is why I didn't reference 2024. Even if there is a slight down-tick in sales for 2024, that hardly qualifies as "the US market is shrinking".

This is not difficult. Tesla is doing great, even when other EV manufacturers may be struggling a bit and/or scaling back plans.

 

[getsometom]

TSLA crossed the 420 mark today. Maybe China will take it over 469

 

[scottf200]

Exactly! It’s amazing that Tesla in the US has sold a combined 670,000 compared to the measly F-Series line which is barely 400k…… amazing….

I assume that is that sarcasm? Very strange, because obviously the F-150 is the top selling vehicle of any kind.

 

[YDR37]

Even if there is a slight down-tick in sales for 2024, that hardly qualifies as "the US market is shrinking".

The point is that the China market is now Tesla's biggest, and it is ticking up as of 2024. The US and European markets are now second and third, and they do not appear to be ticking up as of 2024; at best they are stable.

It would not be surprising if future Tesla products are designed with the Chinese market in mind -- unlike the Cybertruck, which was clearly tailored to the US market. Tesla will surely sell some CTs in China, but pickups simply don't have the same popularity in China as in the US, and so the CT is unlikely to be as successful in China as the Model 3 or Model Y.

There's also going to be a cost barrier. The Model 3 and Model Y are made at Tesla's Shanghai factory, where costs are lower. Any Cybertrucks sold in China will have to be imported from the US, where costs are higher. The CT is not a low-cost vehicle even by US standards, and it will be even more expensive by Chinese standards.

 

[Balthezor]

I think the Chinese will be more mature regarding this. Less middle fingers and stupid laughs.

 

[CTInProcess]

That’s just legacy media trying to bring down Elon and Tesla. Stop spreading FUD

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