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Tesla market share in US drops to lowest since 2017

reuters.com

281–290 of 332 posts

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

#281
post #53

Battery 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.

There are many cheap EV globally. In Germany new Dacia Spring starts from €16k.

The thing is almost no one wants to buy small cheap car in US. Expensive SUV - yes, but not small car. Especially not electric.

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

#282
post #209

Earlier quoted context omitted.

My new Y still has a horn and stock? And while everyone wishes their car was cheaper it was a lot nicer than a mustang Mach e, despite being cheaper

> it was a lot nicer than a mustang Mach e Having owned both, I’m not even sure where to begin with how laughably inaccurate that is. We can start at functioning automatic wipers, 360 degree cameras, parking assist that actually works, a knob to control stereo volume, accurate marketing numbers for range, a dealership network that actually will fix the issue, insurance that isn’t insane, headlight brights that actual…

> parking assist that actually works

Are you sure you owned both? You're sort of exposing yourself as never having owned a Tesla at all (at least not a new one). I've never experienced phantom braking in my Y (although I have in a ford escort), and the headlight dimming is pretty good (again in the new model Y, unsure about an old one).

Niceness is subjective, so I suppose it's inappropriate to declare it as nicer, but it is a premium car. The materials and experience are much nicer than, say, a Camry, and is on par with vehicles in its class if not better.

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

#283
post #259

Earlier quoted context omitted.

> 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.

I agree with that but I also agree that everybody knows they are overvalued. A Tesla crash is unlikely to spook the market that much.

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

#284
post #166

Earlier quoted context omitted.

I've generally advocated ignoring Musk, but it's impossible to defend him in good faith as a reasonable figurehead for a multinational company. His X page in particular portrays a man who cares deeply about 4chan/pol politics and very little about his car company. If he cared at all, you'd see a better repair process with them. There is a Tesla repair hub in Calgary where I live, and I had to wait 5 weeks for them to…

I think the plan is: 1. Promise investors FSD/AI/robots are coming next year, sell them your stock 2. ??? 3. Profit! The fun thing is you don't have to sell any Cybertrucks as long as people are buying your stock!

It is all about the hype cycle. Now that other people can make cars, it is going to have to be all about the robots.

They are hoping Musk can repeat his roadshow magic and drive an insane multiple on the dream.

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

#285
post #277

Earlier quoted context omitted.

> The current crop of Teslas don’t even have physical controls for reverse. ... Wait, seriously? Like, you have to _use the touch screen to put it in reverse_? That can't possibly be the case.

Yes. This has now infected all models.

No, it’s not. There are buttons on the roof area (where the interior lights and hazard button are) that have the PRND buttons.

Also, all the new models have an auto shift functionality so you don’t even really have to use any buttons at all.

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

#286

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.

There's a reason why in most companies the CEO isn't allowed to put up inane rants on social media.

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

#287
post #208

Earlier quoted context omitted.

Can someone be cool with it but also admit that it definitely affected the market share? I can do that with Bud Weiser's trans campaign, even if I agree with it.

They had no trans campaing. There was a single short video with a single personalized can. Calling it campaign is just validating conservative lies again. Truth is, a single trans got a can of beer with own face, made short video and rught wing decided to make it into a campaing, because trans must be destroyed. That is it.

Very expensive beer! That six pack cost them a lot of market share. But I think the wishy washy interview with the marketing person in charge of that decision did not exactly help, with the typical beer chugging target demo.

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

#288
post #118

Earlier quoted context omitted.

They haven’t released anything decent since the Model 3, which was a massive success. It’s baffling to me that they’re now betting the company on robotics, rather than improving and extending their existing lineup of cars.

The Model Y is an incredible car, way more than decent. Unfortunately Elon is a fascist traitor so I cannot upgrade it, and no one else makes anything half as good.

I love this comment. I've also been in similar conundrums with products vs my values, but I have made a rule to limit how much I'm willing to deprive myself in service of values.

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

#289

Earlier quoted context omitted.

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

I agree with that but I also agree that everybody knows they are overvalued. A Tesla crash is unlikely to spook the market that much.

The mother of all meme stocks collapsing would trigger people to exit all very risky equities.

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

#290

Earlier quoted context omitted.

I agree with that but I also agree that everybody knows they are overvalued. A Tesla crash is unlikely to spook the market that much.

The mother of all meme stocks collapsing would trigger people to exit all very risky equities.

I doubt it.
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