Tesla quarterly deliveries decline in nearly four years

reuters.com

5 points·JumpCrisscross··5 comments

Looking at the discrepancy between cars produced and cars delivered, they must easily have over 100,000 cars in inventory, or over a month of deliveries.

Or is there a significant other way than sales for those cars to leave inventory? For example, are cars used in warranty replacements excluded from deliveries?

>have over 100,000 cars in inventory, or over a month of deliveries.

Is that critical to their cash-flow? Seems like that is better than Toyota, which according to [0], has 261,000 new vehicles in inventory (or the dealers do), which is a 43 day supply (the lowest number of days of supply in that list). Or Ford, with 418,000 in inventory, a 108 day supply.

[0] https://caredge.com/guides/new-car-inventory-2024

Toyota sells about six times as many cars each year as Tesla, so I don’t see how that’s better for Tesla.

Also, I don’t understand how 261,000 vehicles can be 43 days of supply for Toyota given that they sell about 11 million cars each year (https://www.automotivedive.com/news/toyota-annual-sales-2023...)

Also, 11,200,000 / 261,000 is conspicuously close to 43. ¿Sounds low to me, but maybe they miscalculated, and they have 1/43th of a year or just over a week of inventory?

I'm pretty sure that CarEdge data was for the U.S. only. Looks like Toyota sold 2,248,477 vehicles in the U.S. in 2023:

https://pressroom.toyota.com/toyota-motor-north-america-repo...

...so that jives with the 43 days of U.S. supply backlog.

Does Tesla have a dealer system like Toyota and Ford?

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