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Tesla reports steep drop in profits despite US rush to buy electric vehicles

(www.theguardian.com)
61 points jethronethro | 4 comments | 23 Oct 25 01:52 UTC | HN request time: 1.655s | source
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DanOpcode ◴[23 Oct 25 04:47 UTC] No.45678243[source]▶
Just guessing, but wouldn't surprise me if most luxury brands are struggling at the moment. I don't think this is the right time to buy a brand new, luxury car for most people. Considering the inflation, unemployment and uncertainty.
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1. jonway ◴[23 Oct 25 07:10 UTC] No.45679074[source]▶
They also haven’t released a vehicle that is particularly relevant in like 6 years.

Yes, the Cybertruck that nobody really wants, and a Model Y with an extended wheelbase. Yay.

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2. pfannkuchen ◴[23 Oct 25 08:11 UTC] No.45679433[source]▶
Why do things have to change constantly? Like the Model Y was insanely different to any other car I’d ever driven not long ago, and Tesla was first to market on actually good electric cars. Why do they have to operate using the same strategy as legacy auto makers? Like a design refresh every 3 years to drive excitement feels manipulative to me, not like something that is absolutely necessary. Are you saying that competitor electric cars are outcompeting them by a wide margin now? I’m not really aware of which ones if so, at least in the American market. AFAIK the electric car program for all of the legacy auto makers is still a money pit for them, is it not?
3. scarab92 ◴[23 Oct 25 08:47 UTC] No.45679685[source]▶
The Model Y has been iteratively improved since its introduction like any other product, and remains the best selling car in its class in most western markets.

This argument makes about as much sense as saying Apple hasn’t released a new phone since 2007.

4. plqbfbv ◴[23 Oct 25 11:48 UTC] No.45680758[source]▶
What does particularly relevant mean?

[lets set aside the CT, agree)

They lost a lot of the advantage they had on hardware, but if you want a non-chinese EV with really good software and well-thought and working UX they're still a perfectly valid all-rounder with a very good charging network, and they also refine their hardware over time.

They refreshed the M3 and MY looks recently and changed the shapes a bit, but I always understood their looks to be function over form for efficiency reasons, and they don't look bad at all if you ask me. Simple, effective, efficient and timeless designs.

I agree with the other comments here that changing shapes for the sake of changing shapes it's just marketing.

EDIT: to be honest, the only thing that really annoys me is they didn't release an EU A/B/C segment ~4m car with all the features of a standard Model 3/Y. Instead they took the existing models and made them cheaper.