Originally Posted by
futurama
As we can see in the category Tesla competes in (Small & Midsize luxury vehicles) Tesla outsold all competitors in the US during Q1 2019, and looks to repeat the same for the full H1 as they reported
record production and sales in Q2.
The other side of that is Tesla
lost over a billion dollars in the process (~$700 million 1st quarter, ~$400 million 2nd quarter). More worrisome is that, while they delivered more cars in the 2nd than the first, income was
down by a billion dollars. In short, Tesla is having to cut prices to maintain demand, when they are all ready selling for less than their costs of production. Not even Musk can keep that up indefinitely...