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Tesla market share in US drops to lowest since 2017

reuters.com

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Re: Tesla market share in US drops to lowest since 2017

#261

Post by pornel »

lgleason wrote: post #45

Boring lineup, Lack of recent innovation, poor repairability and a CEO who has alienated people on both sides of the political isle. The 1 trillion dollar package the board is offering Musk is a joke. They need to find a new CEO.

Value of TSLA has been disconnected from the actual car business for a while, and instead vaguely betting on Musk figuring out something with robots, taxis, or AI or whatever.

Now I wonder if it's tied to any future of the company at all. It seems to be a Musk stock: if you want Musk have more power to do whatever he's doing, pump TSLA.

Re: Tesla market share in US drops to lowest since 2017

#262

Post by aurareturn »

thunky wrote: post #259
aurareturn wrote: post #257

Earlier quoted context omitted.

The 1 trillion dollar package the board is offering Musk is a joke. They need to find a new CEO. It's an attempt to rally the stock. It's tied to a $8.6 trillion valuation. It's basically a stunt for the public. Problem for Tesla is that Musk is the reason it has a 200 P/E ratio (and increasing at that). Without Musk, they are likely to go all the way down to a 15 P/E or less ratio in my opinion because they're decre…

> I don't own TSLA but it could crash the market if it drops that low. TSLA is about 2% of the s&p. If they crash I think the market will shrug that off easily. Tesla's (lack of) success is not tied to the health of the larger market, and everyone knows they are overvalued so there would be no surprise factor either.

It's not about how much of it is the S&P. It's about sentiment.

Re: Tesla market share in US drops to lowest since 2017

#263

Post by dzhiurgis »

breve wrote: post #256
dzhiurgis wrote: post #233

Earlier quoted context omitted.

They also spent billions trying to destroy EVs. Don't underestimate power of oil and legacy auto's marketing and political influence.

Maybe it's more simple. Maybe Toyota just make cars people want to buy.

So you agree $2-3 billion they spend on advertising is a waste of money then?

Re: Tesla market share in US drops to lowest since 2017

#264

Post by throwaway173738 »

neilv wrote: post #106
armadsen wrote: post #90

Earlier quoted context omitted.

I think the current Prius PHEV looks much better than any Tesla right now. (It’s a plugin hybrid not a pure EV, of course.)

IMHO, Toyota did an awesome job of taking the 2004 Prius funny wedge compact eco-nerd-mobile look (which might have been exactly what it needed at the time), and making it look sleek and modern and powerful. I'm imagining a designer looking at the earlier windshield slant, and knowing they could work with that, and retain references to the iconic earlier design.

Industrial designers are like stage magicians.

Re: Tesla market share in US drops to lowest since 2017

#265

Post by ndiddy »

orwin wrote: post #221
radpanda wrote: post #105

Earlier quoted context omitted.

> Ford makes plenty of sedans Does it? Since they stopped building the Mondeo in Europe they don’t sell any sedans there or in most places I’m aware of. The only Ford sedan I’m aware of in production anywhere is the Chinese-market Ford Mondeo built in a joint venture with Changan.

they discontinued the Ford focus or changed it to an SUV? Shame.

Ford stopped selling all passenger vehicles besides the Mustang in the US in 2018, and 2025 will be the last model year for the Focus worldwide.

Re: Tesla market share in US drops to lowest since 2017

#266

Post by FireBeyond »

rsynnott wrote: post #238
FireBeyond wrote: post #136

Earlier quoted context omitted.

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.

> is now on his second CT, and is just as unhappy with the second as he was with the first. ... Why on earth would one keep buying them?

Good question. He's a Tesla true believer, though he's also soured on Musk a bit.

Re: Tesla market share in US drops to lowest since 2017

#267

Post by duxup »

lgleason wrote: post #45

Boring lineup, Lack of recent innovation, poor repairability and a CEO who has alienated people on both sides of the political isle. The 1 trillion dollar package the board is offering Musk is a joke. They need to find a new CEO.

Can they find a new CEO? Tesla's valuation has been crazy for a while and Musk an his magic has been a part of that ...

Are they faced with picking someone else also admitting Musk's magic is at an end for them and thus at the same time triggering a return to reality?

Re: Tesla market share in US drops to lowest since 2017

#268

Post by api »

lgleason wrote: post #45

Boring lineup, Lack of recent innovation, poor repairability and a CEO who has alienated people on both sides of the political isle. The 1 trillion dollar package the board is offering Musk is a joke. They need to find a new CEO.

Letting go of Musk would let go of the Musk hype and cause the company to be valued like a car company, which would crash the stock.

Re: Tesla market share in US drops to lowest since 2017

#269

Post by duxup »

cosmic_cheese wrote: post #16

Political 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…

With more competition I'm not sure they have the room to do things different enough to really stand out like they used to.

Tesla had a whole "this is the future" thing going on for a while and now it's the past and I'm not sure there's a lot of future to sell in that space anymore, or at least not by them.

Re: Tesla market share in US drops to lowest since 2017

#270

Post by mminer237 »

diebeforei485 wrote: post #204
mminer237 wrote: post #58

Earlier quoted context omitted.

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.

No, because Tesla has a much higher baseline

I mean, they sold 3,500 more cars out of the market's 27,400 bump. GM sold 2,000 more; Ford sold 2,400 more. Even in absolute terms, they're not exactly dominant. They're not dying currently, but they're never going to be more than just another car maker.
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