Tesla misses delivery estimates as price cuts fail to lure buyers

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Tesla Inc on Sunday missed estimates for first-quarter deliveries as a bleak economic outlook and rising competition outweighed the electric automaker's efforts to prop up demand with price cuts.

Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photoon Sunday missed estimates for first-quarter deliveries as a bleak economic outlook and rising competition outweighed the electric automaker's efforts to prop up demand with price cuts.

Tesla delivered 422,875 vehicles compared with analyst expectations for 430,008 vehicles, according to Refinitiv data. Investors have been watching CEO Elon Musk's gamble that cutting prices would stimulate sales, making up for the profit hit from eroding margins. Shares have soared more than 68% this year on hopes that Tesla would win a price war it started, although the stock remains more than 50% down from its peak in November 2021.

The issues have also dampened Tesla's efforts to bolster demand with price cuts at a time when orders are under pressure from the turbulent economy and rising competition from startups such as Lucid Group

 

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This is NOT FACTUALLY INCORRECT. Same facts (see attached). Different statistical comparisons. 'Community Notes' isn't honest fact checking, it is biased BS.

CommunityNotes doing work

Busted in another lie.

Lie

you are fake news.

That's good

Haha! Caught red handed spewing fake news! What a disgrace 😂😂

Reuters gets a fact wrong? Shocking. Not really.

Another media outlet I won't be taking seriously in the future.

Such a joke of a headline. I’m starting to think Reuters is becoming fake news.

Remember, it is not the news, it is the narrative!

“Journalism” is now synonymous with propaganda

Finally a tool to hold legacy media accountable. CommunityNotes 👍

Yellow check mark for yellow journalism lol

Ouch. Mush suck to be fact checked

Reuters misses accurate headlines

You’re ducking gay

This is how credibility is lost

Can’t publish bullshit anymore on Twitter lol.

Never trust , they are WEF inspired

Do the Reuter's execs/owners short Tesla stock? Seems there could be some legal jeopardy for them with this false headline.

JCOviedo6 Lolol

In the article it looks like 430k was expected, not the 420k in the community notes

Stupid Reuters

How any follows beyond me. Democrats love to lie and be lied to in the name of narrative. So that’s probably it

Fake news

🤡 c'mon man lol why don't y'all just stick with sports or something? Accuracy isn't your forte on this subject really 🤷🏼‍♂️

misses correct information.

Community notes cited garyblack00 as a source 💀 imagine

🤣🖕🤡

The time of lies is over buds. Get yourself another job by shoveling s..t.

Twitter fact check wins again.

Make correction and apologize. Thanks!

Hey you guys know you're not supposed to be such brazen fucking liars

Y'all suck

you are the enemy of the people. You KNEW this was 100% false but published it anyways!!!

LoL. always love a good verifiable fact check on the gatekeepers. It’s how we know someone still watches the the watchers.

elonmusk sue the shit out of them. Lying about company performance, using your massive platform to create fear in investors, slandering a company… This is criminal.

If you're willing to lie about this, what else do you lie to us about? Have you tried honesty for once?

Sounds like Reuters needs to be suspended for thirty days.

Hard to believe there's still people who think Reuter's is a serious news organization.

The note saying factually incorrect and citing wall street projections are not accurate. The article quotes Musk as the one who estimated the 50+% increase, not wall street.

🤡

All new vehicles are overpriced.

Not accurate. Do better.

Bit by bit, you've sold your credibility to DNC. So now you've moved on to straight misinformation?

Don’t believe anything you read

Community notes are awesome

Clowns 🤡 🖕🤡🖕🤡🖕🤡🖕

Fake

Reuters bullshit 🤣🤣🤣🤣

you only have one job!

This is fakenews

what happened to reuters?

fakenews

Reuters busted again. Thank you CommunityNotes

Why are they all so willing to self identify as supporters of deception? Here's your clown shoes.

reuters if you Fuck around you might find out👀 Remember who owns Twitter

🤡

Wow, Rueters, you never disappoint...

I used to respect you, Reuters. Turns out, you're nothing but state propaganda, too.

Fake news.

LOL MSM caught lying again.

the “correction” misleads. The article clearly states that Tesla posted record deliveries, yes, BUT missed its estimates!

Hell yeah communitynotes.

Fake news, pathetic.

Yes, Tesla delivered more than expected, hence missed expecations. 🤡 Reuters has become such a bunch of clowns! Why? Whose agenda are you on, ?

F liars

Thank you CommunityNotes

Guess who just got added to block list

Shame on you . Lies.

Communities notes for the win. Stop with the clickbait headlines.

Lol cringe community notes

Get the facts straight

TRUTH 1 BIASED JOURNALIST 0 communitynotes FTW

Total lie. There is a 10 trillion person waiting list for a tesla. I heard it.

Mainstream media. Unbelievable.

Embarrassing to be so fraudulent

When did you start publishing actual lies?

Your post is wrong. Delete it and while you’re at it, delete your account.

Im gonna retro buy the rest of the 10000 cars. Send me the bill hehe

Reported as spam ☑️ fake news

Reuters, what tf are your “journalists” doing.

Why are you lying?

fakenews

撒谎精!🤡

Just doing your job with that negative made up spin, right reuters?

tesla didnt miss delivery.. tesla beat WS expectations.. shame on u

You guys are truly pathetic. You need to add the part to your headlines (based on our selected expectations only )

Thanks CommunityNotes

Liars

Get your facts straight or just stay quiet please

I don’t know why people are surprised with Reuters report here?!! We all know Reuters lies constantly on their reports to increase their viewers

Clickbait

How far has fallen. Sad.

Really?!? Even bloomerg… c’mon!😂

Fraud!

Ok. Let the shortseller get crushed tomorrow. I see squeeze!

CommunityNotes FTW 🙌

BS

Biased and paid news

Looks like a case for CommunityNotes Clearly Reuters deep rooted bias is at play here where they HAVE to vilify Tesla to appease their Advertising “Competition” - pure greed and $$$$ blinding the truth to muddle the narrative. Highly non journalistic move. Thanks to…

HAHAHAHA toilet paper Reuters got fact-checked!!!!

Thank you CommunityNotes I have to give credit where it's due. You guys are stepping up your game and doing one hell of a job.

What are you smoking over there?

Reuters? Their still in business? I thought they were shutdown for fraud? Wrong company? Wasn’t the CEO indicted for animal molestation?

great reporting lololol

Ordered MY on 1/22 delivery pushed to May now.

CommunityNotes

Shameful

CommunityNotes

CommunityNotes

The IC propaganda is strong with Reuters. Butthurt over Free Twitter continues.

We all should be nice and report reuters for spreading spam and misinformation

VenusMinervaA told u these scums would spin this off in a negative way

Thank you, Reuters, for supplying a list of consumers of blue checkmarks suffering from carbonized shite in their brains. This is a wonderful way to just go down the comments and block, block, block. Good on ya!

This is why people no longer read Reuters. Hire better editors to check your claims.

Estimates were 420k Tesla delivered 423k, setting a new all-time record for the company. You are a fake news media Reuters. No wonder why no one trusts you anymore

'Tesla deliveries grew 4% from the previous quarter and were 36% higher than a year ago.' - Challenge: Write a headline that implies as if Tesla is failing.

How long do you think you’ll survive spreading false information?

CommunityNotes Fake news here

Incorrect and presumably politically motivated false reporting! Shame on you Reuters!

Why do you use this negative language? 'fail to lure' and buyers not consumers as it sounds worse

Fake news CommunityNotes

The only thing missed here is the truth. Or you just missed April 1st. Which was yesterday by the way. „Journalism“.

I believe your reporting is incorrect.

FAKE NEWS!!!

This is just a bald face lie.

what?! This is false. And why would you say “lure”?! Do you even know what that means? Extremely disappointed on your “work”.

CommunityNotes bogus headline

Was the consensus not at 421K?

Shame on you for false reporting to create sensationalism

🤔 maybe reportingthis tweet for misleading and lying 🤪

Way to lie.. Could we get some CommunityNotes

CommunityNotes

I reported this tweet for failure to be honest. I encourage everyone else to do the same. Time to fix this error. Either Reuters made an honest mistake or they are deliberately slandering Tesla’s accomplishments in a difficult, high interest rate environment.

Are you deluded or just paid by BillGatesBioTerrorist? shameless fakenews peddlers.

So.... We just lying now? Ok.

CommunityNotes Twitter can you please correct the intentional malfeasance that Reuters is trying to perpetrate against the public. WTAF!

you guys are dolts 🙄

Fan bois are livid with this headline their precious $TSLA stock might not go to the moon. $TSLAQ

Ford literally loses billions misses estimates and the headlines are more neutral

Misreporting at its finest 😂

❤️ 🎶 Community Notes 🎶 ❤️

A bit late for April Fools jokes

you are liers & mercenaries 🤷🏻‍♂️

Proof in pudding another msm ✍️ living in fantasy island and soon to bite the dust.

How do you fail so hard at the single thing you’re supposed to do right

Per the Wall Street Journal, delivery expectations was 432k.

CommunityNotes

This is why nobody listens to Reuters anymore.

CommunityNotes

Absolute garbage tweet

Reuters can’t do math. So which North American car company is growing 36% Y/Y? Ford in 1925?

Nice try Satan !

Reuters has the most bias headlines of any MSM outlet. You have to wonder if that company has a short position in TSLA. Their commentary is so slanted they’re giving Fox News a run for their money.

You suck at news because you don’t actually report it

Reuters wants to generate some clicks to their silly article on their website. Just want your 🍪

This is false. Record quarter in deliveries and production, full stop.

please teslaboomermama evasteslasplaid sawyermerritt driveteslaca icannot_enough teslaowners wholemarsblog elonmusk we have to report reuters for fake news about tesla so they respect us

More lies from Reuters 🖕🏿

Haha fake news

Nonsense. Journalism & common sense for these ppl are dead.

“ The carmaker produced more cars than it delivered,” no kidding? Maybe GM will deliver more cars than they have produced 🤣🤦‍♂️

Haters gonna hate!

My short position from last week might not look so ridiculous tomorrow morning

The real headline should be! Tesla beat Wall Street estimate but miss slightly on deliveries. Great in this negative macro environment!

Lies again from MSM. Are you ever honest Proving again why people no longer believe the narrative you are pushing. Tesla

Are you serious? What a crap journalism is that

Fake news

CommunityNotes

CommunityNotes

Top fake news 😂😂😂

Come on do better.

Shame on you Reuters for your misleading headline.

This is fake news.

CommunityNotes please dispel the lies from the dishonest media here. Maybe take away their gold check too like we did for nytimes 😅

This is not accurate. CommunityNotes, please correct this. Analyst consensus was 421,519, so Tesla beat analyst consensus.

Fake news. But why This is the one company who is able to help the world transfer to sustainable energy. There is no need to be like this

Wrong.

🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡 false

Reuters is a joke

Yeah you are right. Buyers are scarce for $tsla products. 😂🤣😂 Growth is falling off a cliff. 🙄

Is this a joke. You are not some small media contractor. They 'Missed estimates' ? Estimates of whom ? The system should allow taking you to court. Throwing serious stuff left and right. Some people can incur millions in losses because of cheap statements like that. You…

Uh oh. Correction incoming! Trying reporting accurately next time. Maybe people will start trusting you again!

🤡

Fake News alert 🚨

R u guys blind? Tesla is the only one in Auto Industry that has that much increase in deliveries 📈 given less production days in this quarter as well 💪 Largest Q1 % growth EVER 🚀

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Fake! Why do you destroy your credibility with this nonsense?

Fake news. No blue check either.

You should hang your head in shame for such a blatantly misleading headline! Who paid you to put this out, GM or GordonJohnson19 ?

Yo! WholeMarsBlog you see this sh*t dawg? 😂

😂😂😂

Fake news. Reported.

CommunityNotes

The Reuters

Does anyone actually follow Reuters anymore. The truth can be so easily found now. It really takes a gullible person to click on obviously bought and paid for bias. I’m glad I don’t hang my savings of their word.

CommunityNotes how wrong are Reuters ?

Clowns at Reuters loool

Despicable biased reporting g shame on you they beat estimates. You'll nothing Fing liars .

CommunityNotes please fact check this

Maybe CommunityNotes can rectify this tweet

Oh boy 🫠😂

CommunityNotes

Reported for fakenews

It was a big yikes and shows slowing demand

When did y’all start using Refinitiv for market expectations instead of Bloomberg?

Are you serious? And you wonder why people increasingly do not trust what they read these days?!

Fake news. Tesla delivered 423k. WS expectation was 421k.

The analyist expectation of 430,008 is fake. If you search for the number anytime between March 1 and 31 you get zero results.

They didnt miss? They beat expectations by 1.8k

Hey! CommunityNotes !!!

Fake News . You guys should be ashamed of yourselves. This is a major disservice when you resort to lying. Why?

Reuters kept sinking as false interpretation of basic data failed to lure readers.

Shame on you

communitynote do your thing

🤡🤡

This is how and why you lose the trust of the public. tesla

Propaganda.

CommunityNotes fact check Reuters for their lie. WS analyst consensus was 421k. These guys are full of 🤦‍♂️

🤥 'Tesla reported on Sunday that it delivered 422,875 vehicles in Q1 to edge past the consensus expectation for 421.2K deliveries.'

CommunityNotes

Dear Reuters, April 1st was yesterday

Thank you for contributing to the downfall of the legacy information monopoly

Fake news!! CommunityNotes

TAKE AWAY THEIR YELLOW CHECK MARK!

Lol y'all will go down the cnn toilet.

Um, this wasn’t a miss..

elonmusk delist Reuters from twitter, spreading fake news

Does Reuters provide data of there compiled estimates cuz I don’t wanna click on this BS headline. Was wondering if they actually cited anything or if they just say “cuz we said so” 😂

Absolute DH’s.. facts: Tesla historical Q1 deliveries: 2023: 422,875 2022: 310,048 2021: 184,877 2020: 88,296 2019: 63,019 2018: 29,980 2017: 25,051 2016: 14,820 2015: 10,045 2014: 6,457 2013: 4,900

Fake engagement. RIP MSM 💩

CommunityNotes ?

Fake news delist Reuters from Twitter

Reuters is a lost organization. Lies straight in the headline.

Fake News as always

lol reuters joining the biased media club 💩

Bro what

Wrong. Never trust Reuters and their hit pieces.

BS article; Tesla best expectations; all publications and CNBC are so jealous of Tesla & elonmusk that they always lie…get over it Elon & Tesla are incredible & F & GM have no clue

Idiots.

The amount of Tesla obsessed blue check mark angry responses here is amazing.

FAKE NEWS …. Screw you clowns 🤡

The said Refinitiv analyst expectation of 430,008 does not exist. Reuters is now in the paid propaganda business.

Community Notes 👀

False headline. Where is CommunityNotes ?

you are lying as always when it comes to Tesla. FAKENEWS Who is paying you, Big Oil? 🤬

Hey elonmusk Take their Yellow Check away for fake news please, or maybe we can do CommunityNotes and fact check this.

Reuters, what happened with you? They beat the estimates and beat the q4 record.

Lol, what a joke! No wonder people don’t trust MSM anymore!

Trash article

Reuters pathetic as always! 🤡🤡🤡 Trying to spin a new record to a miss…

is the worst! They didn't not miss you losers, I will never read one of your articles, fake news

CommunityNotes

Record breaking quarter…. All media really is bias.

CommunityNotes please check the misinformation in this report.

Fake negative news is what sells, huh?

What are you talking about!! 423K deliveries..come on man!!

😂

CommunityNotes Fake news ☝️

Who's paying for this article it's getting comical

lol click bait

Fake News 🤡 🤡 🤡

LOL you guys are such clowns.

CommunityNotes

Man, the mainstream media is really butt hurt. Good riddance.

CommunityNotes

It’s a beat FakeNews

CommunityNotes

No it didn’t - it surpassed expectations CommunityNotes elonmusk realMeetKevin

This headline is not factual

It’s a beat not a miss and a record quarter

Fake news

💩

I thought WS est was 420k delivered and 430k made...so it's a beat

FAKE NEWS!

CommunityNotes elonmusk $TSLA

CommunityNotes

Fake news! Tesla beat estimates

Right. Only 423k buyers! How to spin a success story to look like failure. Especially in the current market where every other automaker is struggling. What garbage reporting.

😂

Yup, fake news again. --- Let me fix headline ---. Tesla sales up 36% YoY, deliveries in line with average wall st. analyst. Tesla continues to gobble up legacy ICE vehicle market share. -- There --.

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52% of Americans are living paycheck to paycheck. Only the well to do can afford a NEW ELECTRIC CAR! Letsgobrandon & his fascist government is out of touch with the American people!

Maybe Elon should try selling stupid Red Hats, worked for f-ing Trump

garyblack00 SawyerMerritt TroyTeslike TeslaBoomerMama WholeMarsBlog elonmusk how can Reuters outright lie like this? This is not fair!

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