Tesla sales way down Q1. How will this affect MME?

[geeklifer]

I often drive by one of the dealerships, and the vacant mall down the street that they are using as a massive overflow lot. Their sales are obviously way, way, down because there are a ton of cars in that overflow lot just sitting there. It's pretty easy to see that they aren't moving out of the lot either. You don't typically have that much stock just sitting around for so long if you can help it.

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[phil]

As people move from the Tesla brand how much do you think it will help the MME in new sales and potentially in the used MME market? It has to be positive news for Ford but how much is the question.

Not getting a lot of answers to your question, are you?

I'll give it a go. Very small, but yes, positive, impact on sales of other electric cars, including the Mustang.

Most of the additional sales will be to the kind of people who like to think (or want others to think) that they are saving the world. Some of them will be selling their Teslas for the same reason.

 

[david_quick]

Ford just posted Q1 sales Tuesday and Mach E sales are up 21%. Is that because Tesla is down or just continuing the trend? Who knows?

 

[Omen]

It was just announced that Tesla deliveries dropped significantly in Q1. As people move from the Tesla brand how much do you think it will help the MME in new sales and potentially in the used MME market? It has to be positive news for Ford but how much is the question.

No political comments just facts on the potential market change.

Tesla will recover, Honestly their software is great and for the price they have very good range. Honestly I love my MME, but I recently test drove a lightly used model S plaid and all I can say is oh it brought a smile to my face with its power and I mean power. I thought the MME GT was quick, that thing makes our cars seem slow.. Im hoping Ford brings a tri-motor variant for the redesign. Honestly I am only a fan of the model S...it just has a nice sporty and sleek design. Same with the MME. Other EVs get a little weird with their designs especially KIA and Hyundai.

 

[Omen]

You seem to be stuttering...

Go for it. Join the "I've been banned" club.

banning, what's that? Just use another email address to sign up. There is no "real" banning in forums let's be honest.

 

[Omen]

Ford just posted Q1 sales Tuesday and Mach E sales are up 21%. Is that because Tesla is down or just continuing the trend? Who knows?

Going to be honest , the MME is selling because, one the design and features of the car are great. two the deals to be had are part of the reason also , people can easily get a GT with 6-9K off sticker. I was able to purchase (not a lease) my 23 GT brand new for 45K (No EV credit) and 0% rate.

 

[Panzer948]

Because, politics aren't allowed here.

Note that I didn't get into specific politics but simply stated that is the primary driving force in loss of sales. Yes there are other places (quite literally everywhere) where one could get into that. It will be interesting to see just how much of an impact it was over the next quarter.

 

[Shepherd]

The Mach-E is better than a Tesla because it has more élan than elon.

 

[timbop]

There are a lot of variables in play, so it's hard to predict. While Tesla is taking it on the chin for now, that will probably subside as Tesla becomes more attractive in other demographics - and stays immune to tariffs. As other have said: the tariffs on the Mach-E will likely hurt as much as the dip in Tesla popularity helps. GM will likely get a nice little boost, but it remains to be seen by how much.

As for myself: in 2018 I looked at what was available and the base model 3 significantly outshone the Bolt, which was the only other EV on my radar. I therefore planned to buy the model 3 in 2020 when my Convertible Mustang was paid off (I originally had delusions of my wife letting me keep it as well as getting an EV for my 100 mile commute). When the Mach-E was announced I put in a reservation, but was still leaning toward a M3 - especially after driving a dual motor.

However: Musk's antics in 2020 with respect to the pandemic really turned me off. That's not a political statement, it is an indictment of a rich asshole who didn't care how many of his employees died or became seriously ill - so long as they made (and thus sold) enough cars for him to get his billions in added bonuses.

That was enough for me, and I decided then that I would never buy a Tesla because of him.

 

[stoopid]

Ford just posted Q1 sales Tuesday and Mach E sales are up 21%. Is that because Tesla is down or just continuing the trend? Who knows?

Probably both. For the price (especially the lease deals), the MME is compelling for those just looking for a grocery getter like me. Remember that Tesla has also done price drops, which was the first source of backlash starting in 2023. Tesla has been actively pushing away its loyal (rabid/devout) buyers with politics and falling resale values for a while now. Current economics and legitimate competition in the EV space is fueling Tesla's fall from grace.

 

[zvez]

Probably both. For the price (especially the lease deals), the MME is compelling for those just looking for a grocery getter like me. Remember that Tesla has also done price drops, which was the first source of backlash starting in 2023. Tesla has been actively pushing away its loyal (rabid/devout) buyers with politics and falling resale values for a while now. Current economics and legitimate competition in the EV space is fueling Tesla's fall from grace.

and losing their second biggest market didn't help tesla, byd is eating their lunch

 

[ipca204]

Most Tesla owners bought one because they were virtue signaling. I don't believe MME purchasers are of the same cloth.

wow....way to generalize...

 

[Mach1E]

Not getting a lot of answers to your question, are you?

I'll give it a go. Very small, but yes, positive, impact on sales of other electric cars, including the Mustang.

Most of the additional sales will be to the kind of people who like to think (or want others to think) that they are saving the world. Some of them will be selling their Teslas for the same reason.

It’s so hard to predict the future, but we can see what happened when Tesla sales declined in the past:

A couple years ago they did and then Tesla reacted like most car companies do: with significant price drops. $20-50k across the lineup in fact.

And the impact of that on Mach E sales? Ours went down significantly.

So really it depends on how Tesla reacts to the recent slump.

As far as the “bad Tesla press” goes. Because Tesla is still like “Kleenex” for electric cars, the bad publicity can spill over to the whole electric car market.

On the flip side for those buying EV, likely lots of people flipping from Teslas to other manufacturers.

However, people seem to forget that half the country actually likes Musk’s politics. And recent trends show he’s actually gaining more buyers on that side.

In general though, when companies get political, it’s typically bad for sales. Alienating HALF your customer base is almost always a bad idea.

 

[zvez]

It’s so hard to predict the future, but we can see what happened when Tesla sales declined in the past:

A couple years ago they did and then Tesla reacted like most car companies do: with significant price drops. $20-50k across the lineup in fact.

And the impact of that on Mach E sales? Ours went down significantly.

So really it depends on how Tesla reacts to the recent slump.

As far as the “bad Tesla press” goes. Because Tesla is still like “Kleenex” for electric cars, the bad publicity can spill over to the whole electric car market.

On the flip side for those buying EV, likely lots of people flipping from Teslas to other manufacturers.

However, people seem to forget that half the country actually likes Musk’s politics. And recent trends show he’s actually gaining more buyers on that side.

In general though, when companies get political, it’s typically bad for sales. Alienating HALF your customer base is almost always a bad idea.

it'd be interesting to see how low tesla can go in pricing.

Another factor for EVs, the tax credits are almost certainly going away. So that might affect EV sales overall.

 

[Mach1E]

it'd be interesting to see how low tesla can go in pricing.

Another factor for EVs, the tax credits are almost certainly going away. So that might affect EV sales overall.

They’ll go as low as they have to to sell existing inventory.

Car prices are really driven by the consumer at point of sale.

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