Tesla market share in US drops to lowest since 2017
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Re: Tesla market share in US drops to lowest since 2017
#2The stock on the other hand…
Re: Tesla market share in US drops to lowest since 2017
#3The stock on the other hand…
PE of 200 and the 6 month chart looks like a cardiogram. It is a very profitable plaything for the pump and dumpers. Elon included.
Re: Tesla market share in US drops to lowest since 2017
#4The stock on the other hand…
Yes. A lot of people, and obviously some "news" reporters, need to learn the difference between market share and stock price. And that as a market grows one company cannot maintain the same market share as competitors join in over time.
Re: Tesla market share in US drops to lowest since 2017
#5Company value is dependent on expected future profit/revenue/etc. not market share per se.
If the market grows in size and you’re able to grow revenue and profit, reduced market share in and of itself doesn’t matter.
While the U.S. market share has declined, Tesla's overall annual revenue has continued to grow from $11.75 billion in 2017 to over $97 billion in 2024, though it saw a slight decline in revenue for the 12 months ending June 30, 2025.
https://www.macrotrends.net/stocks/charts/TSLA/tesla/revenue
Re: Tesla market share in US drops to lowest since 2017
#6The whole EV market is growing and everyone is racing to buy one before incentives run out. The article is framed as a hit piece and even has political statements in it. But here is an exact quote from the article:
"Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell."
Re: Tesla market share in US drops to lowest since 2017
#7The stock on the other hand…
Less than 10% of Tesla's value is in existing business. Tesla's revenue hasn't grown in three years
1. Car company (true)
2. energy company (eh)
3. robotaxi (next year since 2018)
4. robots ...
Re: Tesla market share in US drops to lowest since 2017
#8The whole EV market is growing and everyone is racing to buy one before incentives run out. The article is framed as a hit piece and even has political statements in it. But here is an exact quote from the article: "Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7%…
Wonder if the end of the subsidies against a 7% increase is sales, potentially due to end of subsidies is a canary?
Re: Tesla market share in US drops to lowest since 2017
#9The stock on the other hand…
Yes. A lot of people, and obviously some "news" reporters, need to learn the difference between market share and stock price. And that as a market grows one company cannot maintain the same market share as competitors join in over time.
> as a market grows one company cannot maintain the same market share as competitors join in over time.
Why not? Look at Apple's smartphone market share in the US. It's been fairly constant at 60% for the last 15 years.
Re: Tesla market share in US drops to lowest since 2017
#10The whole EV market is growing and everyone is racing to buy one before incentives run out. The article is framed as a hit piece and even has political statements in it. But here is an exact quote from the article: "Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7%…
Tesla's revenue has been flat 3 years now. There are up and downs but it's stagnated over long term.
2022-Q3 $21.5B revenue
2025-Q2 $22.5b revenue