--- title: "There Are Now So Many Unsold Teslas That You Can See Them From Orbit" description: "Unsold Tesla stock piling up so much, it can literally be spotted from space, as seen in several satellite images." date: "2024-06-10" modified: "2024-06-10" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/the-byte/many-unsold-teslas-space" categories: - "Advanced Transport" - "Artificial Intelligence" - "Tesla" tags: - "elon musk" - "evs" - "tesla" - "the digest" --- # There Are Now So Many Unsold Teslas That You Can See Them From Orbit ![Unsold Tesla stock piling up so much, it can literally be spotted from space, as seen in several satellite images.]() *\Image: Getty / Futurism\* ## Pile Up Tesla's "[nightmare" year]() is fully underway — and investors are wary of what's still to come, with CEO Elon Musk admitting that a new, next-generation platform and a [cheaper passenger vehicle]() won't arrive [until at least next year](). With sales slumping, production is outpacing demand considerably. And Tesla has seemingly struggled to ramp down production in time, with unsold stock piling up so much that it can literally be spotted from space, as [*Sherwood* reports](). Satellite imagery, courtesy of observation marketplace SkyFi, reveals that lots at the company's sales centers across the country and its factory in Fremont, California are really starting to fill up — a striking visualization of Tesla's ongoing financial woes. ## Unsold on Tesla There are likely a number of factors at play. For one, EV makers have long noticed a slowdown in demand for fully electric vehicles. Then there's an influx of cheaper alternatives, particularly from competitors in China that have caught up with Tesla's offerings. Of course, the carmaker's mercurial CEO has also had plenty to do with it by [scaring away potential buyers]() with his [repugnant behavior]() and being distracted by his many other companies. As such, unsold inventory is really starting to pile up. Last month, footage making the rounds online showed [hundreds of unsold Teslas amassing]() at a dying mall outside of Chesterfield, Missouri. It's a turbulent time for Tesla, with shareholders [set to vote]() on Musk's $56 billion pay package this week, which if a recent letter by Tesla's chair Robyn Denholm is anything to go by, could [determine Musk's future with the company](). Meanwhile, Musk [claimed over the weekend]() that the "public sentiment is unequivocally supportive," without saying where he's getting that information. But if the company's disastrous Q1 earnings are any indication, Tesla has its work cut out as we race towards the end of Q2. With unsold inventory collecting dust in random parking lots, the carmaker is in for a rough stretch — with or without its alienating CEO at the wheel. **More on Tesla:** *[As Tesla Driver Boasts to Passenger How Awesome Full Self-Driving Is, Car Suddenly Swerves Into Oncoming Traffic]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()