Tesla, Inc. (NASDAQ:TSLA), which has had back-to-back quarterly disappointments, may not be out of the woods yet. Troy Teslike, who is considered to be a fairly accurate Tesla numbers tracker, said so as much on the social media platform X (formerly Twitter) on Saturday, lending credence to these fears.
What Happened: On Friday, Tesla introduced a special promotion for U.S. customers, which would run until the quarter ends on March 31. Purchasers of a new Tesla who trade in their current vehicle will receive 5,000 free Supercharging miles, according to the company’s website. These miles will remain valid for two years from the delivery date.
In response, Teslike said, “Tesla just pulled another demand lever because there are massive challenges with Q1 sales. Let’s hope this helps.”
In a separate post, he underlined the challenges Tesla faces that could impact its ...