Tesla has about 600K orders for the Y Juniper in China. That's total, cimulative, orders. They made some of the old model in early January but they are looking at not much over 600k, so far, for the new Y in 2025. More orders will come in but I will be surprised if they close the year above 1M Y. Model 3 sales are well off in China, far below Y sales. Those numbers are fine but not great. The factory is built to produce 2M vehicles per year. As for the future, I believe the model 2 (AKA: $25K car) will boost sales a lot. This might be a buy opportunity. I dont expect to buy Tesla again in my life, inckuding this market cap cycle, but you never know.
I have a lot of respect for what Musk did with TSLA, he pushed forward when nobody else was, but for the brand itself, there is a problem due to his politics now more than ever. Maybe its a good thing, if he can squeeze in better performance, features and beat on price, then Telsa could still come out ahead?
