Automotive Industry

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submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 6 months ago* (last edited 6 months ago)

that they would have excess inventory in the near future

They made 4X,000+ extra vehicles in Q1 2024 than they sold. (I think 46,000? But I don't quite remember the number).

They don't need pre-orders to see the literally tens-of-thousands of excess inventory that piled up in the past few weeks alone.