Man I should have shorted Tesla stock, but when these bubble pop is hard to predict
[deleted]
Tesla market share in US drops to lowest since 2017
51–60 of 332 posts
Re: Tesla market share in US drops to lowest since 2017
#52Political issues aside, Tesla has a variety problem. If we converge the split between midrange and premium, their lineup consists of a midsize sedan, a midsize SUV, and a niche truck. Early on this was in their favor, but with more automakers entering the fray with serious attempts to compete, they’re going to have to add at least a couple more models to reman competitive: something in the vein of a Chevy Bolt on one…
Still the best EVs on the market in terms of range, performance and price(in the US). Chevy bolt competitor wouldn’t make sense because Chevy couldn’t even make the chevy bolt work and stopped production 2023. EV trucks don’t make sense at all, they can’t tow unless you want to recharge every 100 miles. Also range is severely reduced offroading. I don’t get why auto manufacturers keep pushing them on the public. Tesl…
The Bolt is coming back. Chevy’s reason for discontinuing it wasn’t that it didn’t sell, but that the platform was outdated. The new one is on their current platform and roughly analogous to the old EUV model.
Pricing is another question though, and no CarPlay/AA while also coming from an old guard auto manufacturer means no sale from me.
Re: Tesla market share in US drops to lowest since 2017
#53Battery prices have dropped so much over the past ten years. So I don’t understand why they can’t make a cheaper vehicle.
At some point EVs should be way cheaper than ICE vehicles.
Re: Tesla market share in US drops to lowest since 2017
#54Earlier quoted context omitted.
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
You can only cut costs so much before you're selling the equivalent of a $50k geo metro. When they removed the center horn and the stalks from their cars, they officially jumped the shark. But I bet they saved at least $50 per car from their costs. I still can't believe the NHTSA hasn't issued a recall.
I get your broader point; comparison to a Geo Metro is a bit much.
Re: Tesla market share in US drops to lowest since 2017
#55Earlier quoted context omitted.
Still the best EVs on the market in terms of range, performance and price(in the US). Chevy bolt competitor wouldn’t make sense because Chevy couldn’t even make the chevy bolt work and stopped production 2023. EV trucks don’t make sense at all, they can’t tow unless you want to recharge every 100 miles. Also range is severely reduced offroading. I don’t get why auto manufacturers keep pushing them on the public. Tesl…
EV trucks do make sense, because most people (in the US) want a truck and don’t tow anything.
Battery tech is rapidly improving too, which will offset the hit to range that towing involves. Best to get the designs and manufacturing figured out to be ready for the day that battery tech arrives.
Re: Tesla market share in US drops to lowest since 2017
#56Company 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 1…
Marketshare is how revenue is determined. If the market as whole grows but Tesla's share of it does not at least stay static, it means it is losing revenue.
That's not how revenue is determined. Revenue is determined by, well, revenue.
You can lose market share and increase revenue if the market is growing fast enough.
If you measure market share by units moved (as many markets are measured), you can raise prices and increase revenue despite lower unit sales and lost market share.
Re: Tesla market share in US drops to lowest since 2017
#57Earlier quoted context omitted.
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 ... Google, Amazon Robotics/Kiva, Hyundai/Boston Dynamics, even Nvidia are ahead of Tesla in AI+robotics.
Tesla’s product is the stock.
Goddamn snake is eating itself again
Re: Tesla market share in US drops to lowest since 2017
#58The 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%…
If EVs in general rose 24% due to rushing to get in before the tax credit ends but Tesla—the largest seller—only saw a 7% bump, isn't that a failure? #2 GM had a 10+% bump. Ford had a 19%. Hyundai, Honda, Kia, and Toyota all rose 60+%. Volkswagen rose over 450%. Sure it's fine in a bubble, but they are doing worse than most other car makers.
Re: Tesla market share in US drops to lowest since 2017
#59Battery prices have dropped so much over the past ten years. So I don’t understand why they can’t make a cheaper vehicle. At some point EVs should be way cheaper than ICE vehicles.
People are tripping over each other to pay $60k for suvs and trucks. There’s no incentive for smaller or cheaper cars as long as people are happy paying current premium prices.
Re: Tesla market share in US drops to lowest since 2017
#60Man I should have shorted Tesla stock, but when these bubble pop is hard to predict
TSLQ
Note that you would have lost 91% of your money over the last year with this. Gambling on the precise timing of a stock crash is really hard to make profitable.
Plus buying an inverse ETF has higher fees than actually shorting it and you can't make a pair trade or earn interest on the money.