Close Menu
Technology Mag

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    The unbearable sameness of Liquid Glass

    September 15, 2025

    OpenAI Ramps Up Robotics Work in Race Toward AGI

    September 15, 2025

    Facebook gave our data to Cambridge Analytica and all I got was this $38.36

    September 15, 2025
    Facebook X (Twitter) Instagram
    Subscribe
    Technology Mag
    Facebook X (Twitter) Instagram YouTube
    • Home
    • News
    • Business
    • Games
    • Gear
    • Reviews
    • Science
    • Security
    • Trending
    • Press Release
    Technology Mag
    Home » Tesla’s year-over-year sales dropped for the first time since 2020
    News

    Tesla’s year-over-year sales dropped for the first time since 2020

    News RoomBy News RoomApril 2, 20241 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    Tesla delivered 386,810 vehicles this quarter, falling short of its fourth quarter 2023 deliveries by nearly 100,000 and marking a year-over-year sales drop from Q1 2023’s 422,875 vehicles. As Bloomberg notes, the company hasn’t delivered fewer vehicles than the same prior-year period since 2020 and hasn’t delivered under 400,000 vehicles in a quarter since Q3 2022.

    Tesla’s explanation may not fully account for the dip, though. “…This was an unmitigated disaster 1Q that is hard to explain away,” posted Dan Ives, a tech analyst at Wedbush Securities, leading to a “seminal moment in the Tesla story for Musk to either turn this around and reverse the black eye 1Q.”

    Tesla is also looking at stiffer competition as more automakers put work into EV transition. The company has lowered its prices to stave off that competition, but other companies seem willing to play ball. Ford slashed the Mustang Mach-E’s prices by as much as $8,000 in February, for instance, and General Motors recently announced that the Chevy Equinox EV will debut just shy of $35,000 — or $27,495 after the $7,500 EV tax credit is applied.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleApple’s second-gen AirPods are available at a rare discount
    Next Article Amazon gives up on no-checkout shopping in its grocery stores

    Related Posts

    The unbearable sameness of Liquid Glass

    September 15, 2025

    Facebook gave our data to Cambridge Analytica and all I got was this $38.36

    September 15, 2025

    The Supreme Court is Google’s last hope to avoid an Epic reckoning in October

    September 15, 2025

    Meta leaks its new smart glasses with a display

    September 15, 2025

    Google thinks it can have AI summaries and a healthy web, too

    September 15, 2025

    Microsoft’s Office apps now have free Copilot Chat features

    September 15, 2025
    Our Picks

    OpenAI Ramps Up Robotics Work in Race Toward AGI

    September 15, 2025

    Facebook gave our data to Cambridge Analytica and all I got was this $38.36

    September 15, 2025

    The Supreme Court is Google’s last hope to avoid an Epic reckoning in October

    September 15, 2025

    Meta leaks its new smart glasses with a display

    September 15, 2025
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Games

    ‘Hades II’ Is Coming to Nintendo Switch This Month

    By News RoomSeptember 15, 2025

    Nintendo’s Switch and Switch 2 release calendars are bulking up. During a packed Nintendo Direct…

    Google thinks it can have AI summaries and a healthy web, too

    September 15, 2025

    A New Platform Offers Privacy Tools to Millions of Public Servants

    September 15, 2025

    How China’s Propaganda and Surveillance Systems Really Operate

    September 15, 2025
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Technology Mag. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.