Tesla fell in the first quarter how to reflect

According to media reports, Tesla recently announced the first quarter of 2024 car delivery data, the results show that the delivery of 8.5% year-on-year plunged to 386,810 vehicles, far below market expectations, the largest decline in the company's history, far below Wall Street has lowered expectations.

The news sent markets reeling, with Tesla shares falling 4.9 per cent in New York on Tuesday, extending losses this year to 33 per cent.

Another media report said that Tesla has abandoned the production plan of the cheap Model 2, and instead focus on the development of self-driving robot taxi technology.

Musk responded by accusing the media of "lying" in a post on social media platforms, but did not offer a more credible explanation.

Tesla, which drives the global electric vehicle industry, suffered a sharp hit in the market after an unexpected drop in its first-quarter delivery figures. As an indicator of the vitality and blind spots of the company's operation, this change has caused extensive discussion and reflection among shareholders, investors and the public.

The first thing to be clear about is that delivery data is one of the basic metrics for evaluating an automaker's performance. Tesla's entire value outlook is now more dependent on the number of electric vehicles it sells and delivers. The decline in this metric has not only shattered investor confidence, it also poses an immediate threat to Tesla's market value.

The sharp drop in the stock price is more like a rational return to the market's overly optimistic expectations for Tesla, revealing the challenges facing Tesla, including production line constraints, battery supply shortages, and increasing market competition.

Musk has previously said Cybertruck will struggle to ramp up production, possibly reaching 250,000 deliveries a year by 2025. According to media estimates, the current production rate of 4680 batteries is only enough to equip 24,000 vehicles a year. Musk has also bluntly said: "developing Cybertruck is digging your own grave."

Now, Tesla is betting heavily on driverless taxis, they hope to reverse the current decline through driverless technology, although there is a new way out, but in the face of numerous regulatory obstacles, high costs and self-driving technology is not yet mature and many other realities, there is still a long way to achieve commercial operation, it is difficult to think that Tesla will bring big changes in the short term.

All of this has led people to think about the future direction of Tesla. As a company committed to subverting the traditional automotive industry and self-subverting, it is not only facing short-term turnaround, but also how to grasp the balance between speed and efficiency, innovation and stability, and sustainable high-quality development.

Innovation is in Tesla's DNA. In Tesla's view, neither the short-term delivery data nor the market's reaction to its stock price should hinder its pace of deep exploration and broad exploration. However, Tesla must also understand that finding a balance between innovation and utility is a talent that every promising inventor must master.

Therefore, for Tesla, by optimizing production and supply chain, improving the efficiency of layoffs, improving product quality and service, so that electric vehicles can better serve the public and better meet market demand, will be the key to achieve long-term healthy development.

In addition, investors and the market must pay enough attention to Tesla's handling of its current woes and its performance in future quarters. Tesla's business results and the market's reaction will be the key indicators to judge its investment potential and market prospects.