There is a lot of discussion of the brand being hurt, but I will say that personally I just don't want a new car period and Tesla specifically in large part because of privacy concerns. My understanding it that Tesla is one of the worst offenders in a group of massively offensive (to privacy) options. Are there actually privacy preserving options left in the market at all and in the EV market specifically? If Tesla promised, and delivered, privacy (actually didn't track) it would go a long way to rehabilitating them as a brand in my eyes. It probably wouldn't be enough, but I would at least look at them again.
Tesla market share in US drops to lowest since 2017
131–140 of 332 posts
Re: Tesla market share in US drops to lowest since 2017
#132The 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%…
"even has political statements in it" is a wild take. It would be journalistic malpractice to not mention the political context.
If your CEO bribes voters to help elect a traitorous pedophile and then personally (and illegally) cuts aid funding directly causing hundreds of thousands of deaths and all of that hurts business, that's something you have to include for context! That's some crazy stuff!
Re: Tesla market share in US drops to lowest since 2017
#133“Tesla sales rose 7% even as market share fell”. So they’re still selling more cars, but there’s hotter EV competition. I thought that was the goal.
It's complicated. Tesla sales rose 7% in July, month-over-month, but the expiration of subsidies hangs over the whole thing. This factor caused total EV sales in the US to jump 24%, month-over-month, as a whole bunch of sales got pulled from future quarters to the present. But because of the expiration of subsidies, those sales that got pulled ahead into July will probably not be there in September or October. This is why outside analysts expect that for 2025 as a whole, Tesla car sales numbers will decline versus 2024 as a whole. 2024 for Tesla as a whole, incidentally, was a 1.1% sales decrease over 2023. Two consecutive years of sales decline is a big warning sign, especially for a company that is considered a growth stock.
Re: Tesla market share in US drops to lowest since 2017
#134There is a lot of discussion of the brand being hurt, but I will say that personally I just don't want a new car period and Tesla specifically in large part because of privacy concerns. My understanding it that Tesla is one of the worst offenders in a group of massively offensive (to privacy) options. Are there actually privacy preserving options left in the market at all and in the EV market specifically? If Tesla p…
The HN crowd does not reflect the majority of Americans, who simply do not care about "privacy", and are far more interested in whether their car has CarPlay or Android Auto - which Teslas don't.
Re: Tesla market share in US drops to lowest since 2017
#135Battery 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.
These days often on ridiculous 108 month notes. Oof. Paying $95,000 for a $70,000 truck that depreciates to $50,000 the moment you drive it off the lot and worth maybe $10K at loan maturity?
Re: Tesla market share in US drops to lowest since 2017
#136This is expected. Tesla enjoyed a more than a decade long position as the leader. Even now it’s a strong pick because of the extensive charging network they built. No other company comes close, and this charging network will reap recurring revenue for them. However the cars themselves are really shitty. I mean really bad for quality and do not offer any aesthetic value either, they appear very plain and generic at th…
My brother-in-law, who has worked for both Tesla and Rivian and owned a 3, a Y, an R1T, is now on his second CT, and is just as unhappy with the second as he was with the first. Creaks, rattles, things feeling flimsy or fragile.
Re: Tesla market share in US drops to lowest since 2017
#137Earlier 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 loved driving my 3 cylinder convertible geo metro! It was the 'sport' version so you could actually hit 60 if you held the peddle down long enough but it rode like it was on rails because of how light it was!
Re: Tesla market share in US drops to lowest since 2017
#138Earlier quoted context omitted.
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.
Normally when you have a popular car, you don't pull it from the market. Tesla hasn't pulled any of their products. Has a company ever done that? They sold it at a loss and now trying to make it profitable with LFP batteries and other cost cutting. I still doubt its coming out.
The bigger problem is that the Bolt would’ve been the only model on its platform, which I noted before, was outdated and not able to handle fast charging among other things.
Re: Tesla market share in US drops to lowest since 2017
#139Earlier 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.
> Google, Amazon Robotics/Kiva, Hyundai/Boston Dynamics, even Nvidia are ahead of Tesla in AI+robotics. Optimus seems to be much closer to actually being released as a product than Atlas. After over a decade, Boston Dynamics still hasn't shown anyone a live, unscripted demo of Atlas as far as I can tell (Tesla was showing those with multiple Optimus robots a year ago). And they don't appear to have any plans for actu…
What? One of Tesla's more recent demos of Optimus literally had a handler with a remote control "driving" it.
Re: Tesla market share in US drops to lowest since 2017
#140Earlier quoted context omitted.
There’s a capacitive button on the newer steering wheels.
No, the horn is in the middle, the capacitive horn only steering wheel existed on early builds of the model S refresh (when plaid was first released), but after ~6 months they added the normal horn back. https://www.tesla.com/ownersmanual/model3/en_us/GUID-DEB259C... https://www.tesla.com/ownersmanual/models/en_us/GUID-DEB259C...
And for anyone with an S who wanted to not have that garbage? A $2k “upgrade” - only Tesla.