PODCAST: TESLA DELIVERIES, CYBERTRUCK SALES SHOCK, RIVIAN SURPRISES, AND MORE

EV Channels Review

This episode of the Electrek Podcast dives deep into Tesla's Q4 2024 delivery results, revealing a significant miss against their own guidance, leading to a slight year-over-year decline in deliveries. The hosts express concern, noting that the broader EV market is growing, and Tesla's struggles persist despite incentives and the addition of the Cybertruck. The Cybertruck itself is highlighted as a major disappointment, with sales estimated to be flat or down quarter-over-quarter, indicating a demand issue rather than production constraints. The podcast also touches on the concerning trend of Cybertruck fires, with a suspected battery fire in Atlanta and a highly publicized incident in Las Vegas, though the latter's cause remains under investigation. On a more positive note, Tesla's energy storage business is booming, setting new deployment records. The discussion then shifts to positive news from competitors like Rivian, GM, Ford, Honda, Hyundai, and Kia, all showing significant growth and market share gains, underscoring Tesla's challenges.