Tesla Is Sitting on a Record 50k Unsold EVs

kubb

Sounds like they're about to have a surge in stock price.

m101

I think q1 is a weak quarter for sales so it might be that inventory build is normal in this quarter. Economic weakness and high energy prices will not help sales though.

khalic

Oh don't worry dumb investors will still find a way to grift more, this company's value was never based on performance, it runs on vibes.

treetalker

Everyone's just waiting for the Roadster 2 to come out. Any decade now.

stephbook

This is actually a good thing, since they're going to make Tesla a lot of money once they're self-driving.

decimalenough

The figures quoted here are old, since EV sales have gotten a massive boost from spiking oil prices. The actual figures aren't out yet but anecdotal evidence at least in Australia suggests sales in March (across all brands, not just Tesla) doubled from February. That said, for Tesla this is only a bandaid, since they have absolutely nothing in the consumer pipeline beyond the current increasingly uncompetitive offerings. Chinese brands like BYD, on the other hand, are laughing all the way to the bank.

Aurornis

This is all so frustrating. Tesla could have easily been an American auto maker generational success story. Instead they’re working hard to undermine their own success, turn their brand toxic, and even design vehicles that are unappealing to key purchasing demographics (Cybertruck).

Ekaros

Great things to have on balance sheets. With inflation their value can only go up. And as they are level 6 self-driving capable as is soon they can be sold for massively more money. Really they should stock pile hundreds of thousands more.

dmix

So according to the article, it had 48k extra cars during a quarter in 2024 and now the new record of 50k in Q1 2026, after they sold 358,023 out of 408,386.

Mistletoe

One would be in my driveway but we cancelled it right when it was about to be delivered when Elon began his decline into madness. Know your audience and your buyers man. Maybe hide your alt right nonsense when your buyers love the earth and the environment.

BirAdam

The article mentioned the tax incentive, and I’ve seen many do the same. I’ve rarely ever heard anyone talk seriously about how much the USA spends on oil subsidies.

ndr42

Tesla has an P/E Ratio of 332 (in comparison, Apple has 31.3) - the stock price is not based on measurable numbers so I don't think that the unsold EVs will have any consequences for the valuation. When reality finally sets in it will not be pretty. Source: At the End of https://asymco.com/2026/03/31/melius-highlights-fcf-while-re... Edit: typos

KnuthIsGod

Ah, they being kept for Elon's fully autonomous robots to drive. The rest of will just buy Xiaomi SU 7's....

drivingmenuts

What do you have to do to get people to realize that SOB is basically a Nazi? Nobody seems to care that he’s a racist POS supporting extreme right-wing causes.

spwa4

TLDR: The problem is that Tesla has had 0% effective growth 2 years now. If this robot thing doesn't work out ... watch out below.

ryandvm

Devastating news - expect the stock to jump 10%.

motiw

Tesla's FSD problem isn't the technology, it's the positioning. It's genuinely good at what it does but selling it as "Full Self-Driving" set an expectation it can't meet. If they had framed it as the best safety feature, always aware co-driver watching out for you, people would trust it far more and adoption would be much higher.

taraharris

Elon would sell a lot more cars if he'd make peace with Vivian his fear keeps him holding in tears I guess I'll just buy a Rivian

mnmnmn

Turns out the smartest guy in any room anywhere was a dumb nazi pedophile